MicroStrategy Founder Michael Saylor Says These Two Catalysts Could Trigger Major Bitcoin Bull Run in 2024
Michael Saylor, the co-founder and executive chairman of MicroStrategy, predicts that Bitcoin's price will rise significantly next year due to two catalysts. The first catalyst is the approval of a spot Bitcoin exchange-traded fund (ETF), which will attract mainstream investors and institutions to invest in the cryptocurrency. The second catalyst is Bitcoin's halving event in April 2024, which will cut the rewards of BTC miners in half and create a supply shock. Saylor believes that these two events will trigger a major bull run in Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Biden Pushes Controversial Crypto Regulation in His Final Days as U.S. President
UK Redefines Crypto Staking Rules to Boost Blockchain Innovation
Weakening Demand Signals Uncertain Future for Bitcoin, Says Glassnode
Financial Advisors Show Increased Interest in Crypto Investments Following U.S. Election
The 2025 Bitwise/VettaFi Benchmark Survey reveals growing enthusiasm among financial advisors for crypto investments, with a notable rise in allocations and client interest.
Trending news
MoreCrypto prices
More
