Bitcoin Price Prediction: Strategy Chairman Calls $100K BTC
- Published
- Updated
Bitcoin was trading near $83,500 after recovering from a liquidation-driven move toward $81,000, while Bitcoin stayed above $80,000 for a full week. Michael Saylor said Bitcoin’s bear market had ended and said he expects the price to move back above $100,000. Strategy also said it plans to increase its Bitcoin purchases and keep issuing credit products, while saying it can sell part of its holdings when doing so benefits shareholders.
Key claims & sources
What it means
In practice, Strategy’s stated approach still allows it to buy more Bitcoin, issue credit products, and sell part of its holdings under its shareholder test. What has changed is the public posture around Bitcoin’s market phase, with Saylor saying the bear market has ended and that six-figure pricing should return.
Market reaction i
Bitcoin fell 0.2% in the 4 hours after the first headline, after falling 0.2% in the 2 hours before.
48 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
Cryptonews.com
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Coinpedia
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Crypto Economy
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AMBCrypto
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Where this sits in the Bitcoin series
| When | What happened | Figure |
|---|---|---|
| 1.1 years ago | BTC at $115,227 high | today it sits -34.8% from there |
| 4 months ago | BTC at $58,566 low | today it sits +28.3% from there |
From what we have stored, starting 1.1 years ago.