Michael Saylor, the pro-Bitcoin founder and Chairman of MicroStrategy has predicted that Bitcoin could reach $13 million by 2045.
On the 10th of September, during an interview with “CNBC Squawk Box,” Saylor made a bold prediction that Bitcoin could reach $13 million by 2045., Saylor highlighted that BTC represented only 0.1% of global capital, but he believed it could grow to 7%. If this big shift occurs, it could push BTC’s price to $13 million.
While many view Bitcoin as a high-risk investment due to its volatile nature, Saylor argued that it’s actually a safe option for investors who believe in secure and stable investment.Despite Saylor’s predictions, which spans 21 years, AMBCrypto Since March 2024, Bitcoin has been moving within a descending parallel channel, and during this period, the BTC price has touched the lower channel five times.Based on historical data, whenever BTC reaches the lower channel, it tends to experience a price surge of over 20%. We may see a similar surge this time.If it breaks out and closes a daily candle above that level, there is a high possibility BTC could soar significantly, and potentially reach $65,000 and $69,000 in the coming days.
BTC’s Future Open Interest has increased by over 3% during the same period and has been rising steadily for the past few days.A positive long/short ratio and high Open Interest suggests potential buying opportunities. Traders often use this combination to build their positions.
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