Saylor: Bitcoin Going to $0 or $1 Million
Analysis
Price Impact
MedMichael saylor is a prominent bitcoin advocate, and his strong predictions often generate buzz. however, his predictions are not always directly tied to immediate market events, making the impact more sentiment-driven than fundamentally driven in the short term.
Trustworthiness
MedSaylor is known for his extreme bullishness on bitcoin, and while he has been right about its long-term growth, his specific price targets are highly speculative and often far in the future. his conviction is high, but the accuracy of these specific, audacious predictions is uncertain.
Price Direction
BullishSaylor's consistent and increasingly bold predictions of bitcoin reaching $1 million or more indicate a strong bullish sentiment from a key figure in the crypto space. this kind of rhetoric can influence investor confidence.
Time Effect
LongSaylor's predictions, especially the $1 million target, are typically framed within a long-term investment horizon (years to decades), not for immediate price action.
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Cover image via U.Today Read U.TODAY on Google News Michael Saylor, Strategy's executive chairman, has posted yet another stunningly bullish Bitcoin (BTC) price prediction. In a recent social media post, Saylor confidently stated that the flagship cryptocurrency is going to $1 million if it does not hit zero. Advertisement "If it’s not going to zero, it’s going to a million" Saylor posted, doubling down on his thesis despite the current macroeconomic turbulence shaking the digital asset market. He previously stated that he expected BTC to reach seven figures by the end of 2033. HOT Stories Morning Crypto Report: Cardano Ecosystem Onboards USDC, SBI Ripple Asia and AWAJ Clarify XRP Ledger Strategic Roadmap, Bitcoin Turns 5 Years Old as $1 Trillion Asset Ripple Exec Reports Breakthrough in DC Crypto Meeting History of Saylor's predictions Saylor’s Bitcoin price predictions have grown increasingly bold over the years. Advertisement Saylor forecasted that Bitcoin would cross the $100,000 mark by the end of 2024. He confidently stated he was "planning the $100,000 party" for New Year's Eve. When it comes to long-term predictions, Saylor forecasted a 29% annualized rate of return over 21 years. The Strategy executive predicted Bitcoin would hit $13 million per coin by 2045. Advertisement You Might Also Like Mon, 03/17/2025 - 18:49 Saylor Will 'Break' Bitcoin Game, Legendary Angel Investor Says By Alex Dovbnya At this price, he estimated Bitcoin would capture roughly 7% of total global capital. The target was during a CNBC Squawk Box interview in September 2024, and reiterated in another CNBC appearance on Nov. 22. He has argued that retail investors must front-run institutions. By the time financial advisors tell clients it is "safe" to buy Bitcoin, the price will already be $1 million. By the time they call it a "smart choice," the price will be $10 million, according to Saylor. Last May, Saylor predicted that Bitcoin would hit $21 million in 21 years (by 2046). He attributed this elevated target to shifting geopolitical winds, particularly the U.S. government's changing regulatory stance and the prospect of an American strategic Bitcoin reserve. #Bitcoin Price Prediction #Michael Saylor