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Showing posts with the label bitcoin price prediction

Michael Saylor Says Crypto Winters Are Over, Sets $1M Bitcoin Target

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Strategy Executive Chairman Michael Saylor says crypto winters are history and that Bitcoin is headed for $1 million per coin. “Winter is not coming back,” Saylor told Bloomberg on Tuesday. “We’re past that phase; if Bitcoin’s not going to zero, it’s going to $1 million.” Strategy, formerly called MicroStrategy, has been aggressively buying Bitcoin since 2020 and is the biggest corporate holder of the king of cryptos. Saylor Says All The Evidence To Back His $1M Bitcoin Prediction Is There According to Saylor, there are several factors that support his bullish outlook for Bitcoin .  That includes US President Donald Trump’s embrace of Bitcoin and crypto, the Cabinet’s support of BTC, US Treasury Secretary Scott Bessent’s Bitcoin support, and the fact that a new pro-crypto Securities and Exchange Commission (SEC) Chair Paul Atkins has been chosen. On @BloombergTV: I explain $STRK, $STRF, $STRD, the risk of shorting...

Bitcoin price prediction for November, according to BTC historical returns

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Bitcoin (BTC) has opened November surpassing the $70,000 psychological resistance after holding a few days above this level. As this new month starts, Finbold looked at Bitcoin’s historical returns to provide a BTC price projection for November 30. In hindsight, Bitcoin closed October with 10.76% gains, achieving nearly half the average and median historical returns for “Uptober.” Data from Coinglass shows November has even higher average historical returns while having lower median gains than its previous month. Notably, Bitcoin’s monthly performance in November, dating back from 2013, has accumulated 42.78% gains on average. With seven positive years out of eleven, November also has a median return of 7.12%, from opening to closing. Picks for you Trader or insider? Investor turns $58,000 into $7.5 million ...