MicroStrategy Founder Michael Saylor Says These Two Catalysts Could Trigger Major Bitcoin Bull Run in 2024
Michael Saylor, the co-founder and executive chairman of MicroStrategy, predicts that Bitcoin's price will rise significantly next year due to two catalysts. The first catalyst is the approval of a spot Bitcoin exchange-traded fund (ETF), which will attract mainstream investors and institutions to invest in the cryptocurrency. The second catalyst is Bitcoin's halving event in April 2024, which will cut the rewards of BTC miners in half and create a supply shock. Saylor believes that these two events will trigger a major bull run in Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
NFTScan Joins Conduit Marketplace to Expand NFT Data Access Across 20+ Blockchains
Shibarium Daily Transactions Drop 99%: Details
US Officials Allegedly Don’t Know How Much Bitcoin They Hold – Here’s More Allegations of Mismanagement
It is alleged that US authorities do not know the amount of cryptocurrencies they have seized so far and obtained through forks.
Bittensor (TAO) Poised for 125% Surge, Says Popular Analyst
Trending news
MoreCrypto prices
More
