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MicroStrategy co-founder Michael Saylor predicts that the price of BTC will soon reach the $100,000 mark.
This prediction was made after Donald Trump was elected president, and Seler believes this will have a significant impact on the encryption industry.
In a recent interview, Saylor expressed his strong bullish stance on Bitcoin, expecting the price of this Cryptocurrency to reach six figures by the end of this year.
Seiler said: 'I'm planning a $100,000 party, and I think it might be held at my house on New Year's Eve. So if we don't reach $100,000 in November or December, I would be surprised.'
Saylor also shared his views on the recent election of Trump, believing that this is a positive turning point for the encryption industry. He expects to see more policies supporting BTC and an end to the war on Cryptocurrency.
When it comes to the United States treating BTC as a strategic reserve asset, Saylor said, "I think this is very optimistic for digital assets. This is a good thing for the encryption industry, and we will see more policies supporting BTC. We will see a digital asset framework, and we will see the end of the war on cryptocurrency. We will see many business-friendly policies."
Saylor's latest forecast shows that people are becoming more confident in the potential of BTC and the broader encryption industry, believing that the election of Trump, known for his pro-business stance, may bring more favorable policies for Cryptocurrency. The US treating BTC as a strategic reserve asset may also signify a significant shift in the global financial landscape, further consolidating Cryptocurrency's position in the economy.