Michael Saylor Increased the Velocity: Revealed His New Bitcoin Price Prediction! Unbelievable Figure

MicroStrategy founder Michael Saylor made a bold prediction about the future of Bitcoin, claiming that its market value will eventually reach $200 trillion.

Considering the limited supply of 21 million BTC, the price of BTC at a market value of 200 trillion dollars will be approximately 9.5 million dollars.

In a recent interview, Saylor, stated that Bitcoin competes directly with international real estate, global stocks, and expensive money management firms on Wall Street, instead of traditional fiat currencies like the US dollar.

“Right now we are at around two trillion dollars in Bitcoin. This will go up to 20 trillion dollars. Then it will go up to 200 trillion dollars,” he said.

Saylor also predicted that Bitcoin will continue to grow at an annual rate of 20% with capital inflows from global investors covering China, Russia, Europe, Africa, and Asia.

According to Saylor, if the United States were to take a significant share of the Bitcoin network, this could provide significant benefits to the national economy. If the United States takes a position in the developing crypto economy, buys 10-20% of the Bitcoin network, we will pay off our national debt.

Saylor also commented on the latest announcement from the US government regarding the Strategic Crypto Currency Reserve in addition to the market value trend of Bitcoin. Over the weekend, the White House announced plans to include not only Bitcoin but also XRP, Solana SOL, Cardano ADA, and Ethereum ETH in the reserve.

When asked whether he was surprised at the inclusion of these alternative cryptocurrencies, Saylor responded, “I was not surprised. There is no way to interpret this other than as a rise for Bitcoin and the entire US crypto industry.”

Some conservative Bitcoin advocates believe that the US should only adopt a policy towards Bitcoin, while Saylor acknowledged that President Biden’s administration has taken a more inclusive approach to digital assets. “The President has adopted a more liberal economic policy, and that’s his right. He is the president of the United States,” he said.

Saylor also outlined a broader framework for digital assets by categorizing them into four primary types: digital commodities like (Bitcoin), digital currencies like (fiat-backed stablecoins), digital securities like (tokenized stocks or bonds), and digital tokens (assets linked to digital services).