en
Back to the list

MicroStrategy Chairman Saylor Says He is Planning the $100,000 Bitcoin Party

source-logo  thecryptobasic.com 10 h

Famous Bitcoin evangelist and MicroStrategy Chairman Michael Saylor has arraigned his readiness for Bitcoin’s push to $100,000, teasing a party to celebrate the milestone.

Bitcoin pushed to a new all-time high above $93,000 on Wednesday, continuing its ploy to attain a six-figure valuation. The largest cryptocurrency by market cap surged an impressive 8% yesterday, taking its 7-day gain to 20%.

The November 13 upswing brings brokerage firm Bernstein’s assertion that Bitcoin would trade at $90,000 if Donald Trump won his reelection bid to fruition. Notably, the premier asset has surged over 31% since the pro-crypto President won the November 5 poll.

Meanwhile, with Bitcoin just 9.7% away from $100,000, enthusiasts are bracing for the asset’s attainment of the six-figure valuation. Notorious Bitcoin advocate and MicroStrategy chairman Michael Saylor is among those on the outlook for the price mark.

Saylor Planning the Bitcoin Party

In a Wednesday tweet, Saylor noted he was already planning the $100,000 Bitcoin party, implying he sees the asset attaining the price mark soon. The MicroStrategy co-founder expressed his readiness to finally see Bitcoin hit six figures, a major milestone for the crypto firstborn.

Saylor has often argued that Bitcoin is undervalued, predicting lofty prices for the pioneering cryptocurrency. One of his ambitious valuations includes Bitcoin representing 7% of the global wealth and a surge to $13 million by 2045.

Meanwhile, Saylor didn’t hold back his excitement as Bitcoin nears $100,000. The Bitcoin evangelist even teased throwing a party to celebrate the unprecedented milestone.

Bitcoin to $100,000 by Next Week?

Saylor’s tweet drew the attention of notable personalities in the crypto space, including JAN3 CEO Samson Mow. The “Asian Michael Saylor” implied that Bitcoin would trade at $100,000 next week, fueling speculations among the crypto community.

Mow said he would have loved to attend the Saylor $100,000 Bitcoin party but would be a bit busy next week. His “next week” comments suggest that he predicts the premier asset will conquer six figures in the coming week.

Surprisingly, Bitcoin and Saylor’s core critic, Peter Schiff, responded to the MicroStrategy chairman’s tweet. In a rare gesture, the antagonist asked Saylor if he had an invitation to the party, drawing the highest response on the tweet so far.

Responding to Schiff, a user tagged the gold mice’s comment in November 2019, in which he stated that Bitcoin “is never going to hit $100,000.” Other respondents taunted Schiff, asking him to admit he was wrong about Bitcoin.

In the meantime, Bitcoin trades at $91,143, with its market cap hitting $1.8 trillion.

thecryptobasic.com