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Saylor adds another 301 Bitcoin to MicroStrategy's books, predicts ATH in four years

www.proactiveinvestors.co.uk

MicroStrategy chairman and co-founder Michael Saylor reckons Bitcoin has hit the price floor and is ready for its journey to all-time highs of US$68,990 in the next four years. But that's peanuts compared to where it's going in a decade; speaking to MarketWatch editor-in-chief Mark DeCambre on Wednesday, Saylor suggested a price point of US$500,000 is not totally unreasonable.

Bitcoin BTC
$ 70808.9

Timeline of Bitcoin


Bitcoin Whales Buy $3.12 Billion In BTC In Last 24 Hours As Crypto Braced For Fed Hike - Bitcoinist

Bitcoin immediately felt the impact of Wednesday's Federal Reserve interest rate increase and failed to gain upward traction. Other macroeconomic variables also contributed to the decline of the world's leading cryptocurrencies, including Ethereum and other significant cryptocurrencies.


Here's When Bitcoin (BTC) Price Will Start Actual Bull Run -Predicts Mike McGlone - CoinPedia

The Federal Reserve's interest rate hike by 75bps has majorly impacted the crypto market as once the results were announced, the already bearish market saw another leg down. The world's first cryptocurrency, Bitcoin, which had managed to regain the $19,000 level, has now yet again dropped to around the $18,000 area.


Analyst Who Called May 2021 Bitcoin Collapse Says BTC in Opportunity Zone Despite Market Uncertainty - The Daily Hodl

A popular crypto analyst known for calling the Bitcoin (BTC) May 2021 collapse says BTC is still in the “buy zone” despite the sputtering market. The pseudonymous trader known as Dave the Wave tells his 126,600 Twitter followers that Bitcoin is in an extended sideways range within the buy zone.


Uniglo (GLO) Marvellous Price Surge Could Lead To Massive Gains Like Bitcoin (BTC) And Ethereum In Late 2021 - Crypto Daily

Many people first get into crypto because they hear stories about the huge gains Ethereum and Bitcoin once made. While these are still strong investments, it might be too late to make gains with them again.


Bitcoin(BTC) Price Regains $19K, Here's Why the Rally Appears Unreliable! - CoinPedia

The crypto markets again turn greener ahead of the long-promised Vasil Hard Fork in a much similar way the markets recovered before the Merger. The Bitcoin price which underwent an 8% decline with the fresh increase in the Fed interest rates, has turned bullish ahead of the fork.


Bitcoin Whales On A Buying Spree Amid BTC Price Dump? - Coingape

Bitcoin, the world's largest cryptocurrency has failed to gain upward momentum due to the Fed rates hike in sight and other macroeconomic factors. Meanwhile, a whale tracker has reported several Bitcoin accumulation transactions which suggest that whales are buying the dip.


Crypto wallet Pouch wants Boracay to become the Bitcoin Island of the Philippines - Tokenpost

The Philippine island of Boracay is known worldwide as the perfect summer vacation destination with its powder white beaches, thrilling water activities, and vibrant nightlife. These days, however, the island appears to be on its way to bagging another title as the Bitcoin Island of the Philippines with its growing crypto adoption.


Bitcoin Rises Above This Major Level Following Fed's Rate Decision; Here Are The Top Crypto Movers For Thursday - Benzinga

Bitcoin (CRYPTO: BTC), the world's most valued cryptocurrency, traded higher, climbing above the $19,000 level this morning after the US Federal Reserve raised interest rates by 75 bps at its September meeting. The second-most valued cryptocurrency, Ethereum (CRYPTO: ETH), meanwhile, traded below the $1,300 mark.


Bitcoin Will be Volatile in October, Says Hedge fund Co-Founder - CoinPedia

In a recent interview with Cointelegraph, hedge fund co-founder CK Cheng stated that as long as regulation provides institutional investors with a clear path for crypto investments, they will not back off/sell.


Bitcoin Dumps After Revisiting June Lows, Where Does The Bottom Lie? - NewsBTC

Bitcoin reversed below $20,000 once more after the sell-offs that followed the completion of the Ethereum Merge. With the decline, the digital asset had revisited lows not seen in three months, giving credence to the bears during this time.

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