JUST IN: ๐บ๐ธ Michael Saylor says, โI am getting more bullishโ on $13 million Bitcoin price forecast ๐
#Bitcoinnews Months have been tremendous. All of the fundamental planets have aligned. Bitcoins been acknowledged as the one digital commodity in the world by the administration. The banking regulators have given a green light to bank Bitcoin. The accountants of. Have upgraded the accounting to fair value accounting. There has been a surge of Bitcoin treasury companies. There's like one hundred public companies or more. They're holding Bitcoin on their balance sheet. And every single week there's another announcement. Um, I think that. Ah, you know, it used to be. We're focused on the having. But at this point the entire natural supply of Bitcoin is only four hundred and fifty Bitcoin available, GL for sale every day. That's sort of about forty five fifty million dollars a day. At this level, that is all being that is all being consumed by the Bitcoin Treasury companies and the Bitcoin E. T. Officer are coming on strong. So I'm very bullish. My, Um, My. My forecast in July of last year in Nashville was Bitcoin is going to appreciate twenty nine percent a year on average for the next twenty one years. And that moves it from was about mid sixty sixty five thousand to thirteen million coin in the year. Twenty forty five. Ah, I'm getting more bullish on that forecast. But I'm certainly comfortable forecasting thirty percent a year, a R on average for the next twenty years. I think Bitcoins up fifty seven percent a year for the past four and a half years. That's double the mag seven. That's Quadro, Rupaul, the S and P. You know, that's you know. It's eight times real estate and bonds are down forty percent. So so Bitcoin is smashing everything Joe Shah believe inspire blacks be.
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