While the crypto market sounds more bullish after Trump’s victory, there’s a buzz in the market that Bitcoin might fall below $60,000 support level in the upcoming months. However, MicroStrategy CEO Michael Saylor has a different opinion.
“I don’t think it is going to $60,000, it is not going to $30,000, I think it is going to go up from here,” Saylor said in an interview on Nov 14. Instead, he’s planning to throw a ‘$100,000 party’ at his house on New Year’s Eve if BTC Price breaks the $100K barrier.
According to Saylor, Trump’s victory in the presidential election has “very decidedly” settled the future of crypto and BTC in the United States, adding, “I don’t really see any threats on the near-term horizon.”
Michael Saylor said there are so many bullish things going on in the market in an interview. For instance, “Blackrock has been a very very strong voice, articulating the Bitcoin value proposition.”
He also highlighted the previous month’s announcement, where MicroStrategy vowed to raise $42 billion to buy Bitcoin.
While replying to a question on the SEC’s new chairman in the upcoming time, Michael says whoever chairs the SEC is going to play a pivotal role in the entire digital asset industry.
“We’re going to see a lot more pro-Bitcoin policies,” he says, as the upcoming term of Trump’s administration is “very pro-crypto.”
Also Read: Donald Trump Administration to Sell Some Fed Gold to Buy 1M Bitcoins: Sources