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.
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