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Michael Saylor: Bitcoin will be "unaffordable" when banks accept it.
Michael Saylor, the famous Bitcoin advocate and Chairman of Strategy, has just ignited a new wave of debate in the cryptocurrency community with his bold prediction. In a recent social media post, Saylor remarked that when traditional banks and financial experts fully embrace Bitcoin, the demand for this asset will skyrocket — making it 'out of reach' for many future investors.
As one of the largest holders of Bitcoin in the world, Saylor's statements carry significant weight in the market. Under his leadership, Strategy has adopted Bitcoin as its primary treasury reserve asset, while also reinforcing Saylor's role as one of the strongest advocates for the long-term value of Bitcoin.
The main driving forces behind the growth of Bitcoin
According to Saylor, the acceptance of Bitcoin by large financial institutions, especially long-established banks and financial agencies, will be a key catalyst for the next price surge. Although Bitcoin has been recognized by many individual investors, the caution from regulatory agencies remains a significant barrier. He emphasized that if these organizations approve Bitcoin, the legitimacy and appeal of this asset will soar.
Saylor's argument is based on a basic economic tenet: scarcity creates value. With supply capped at 21 million BTC, a wave of buying from financial institutions could push the price of Bitcoin to unprecedented levels. His message is clear: investors have only two choices — either buy Bitcoin now, or face regret when the asset is no longer easily accessible.
Bitcoin price remains strong near 94,000 USD
Despite the high speculative nature of long-term forecasts, understanding the dynamics affecting Bitcoin prices — as Saylor analyzes — provides important reference value for investors. According to the latest data from CoinMarketCap, Bitcoin is currently trading at 94,500 USD, down slightly by 0.3% in the past 24 hours. Notably, Bitcoin's trading volume during the same period surged by 90.7% to 31.8 billion USD, reflecting a strong increase in market activity and interest from investors.
Although the road ahead for Bitcoin is still full of volatility, the increasing demand from financial institutions may become the main driver for Bitcoin's next breakout — just as predicted by Michael Saylor.
Disclaimer: This article is for informational purposes only and is not investment advice. Investors should do their research thoroughly before making decisions. We are not responsible for your investment decisions.
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