MicroStrategy CEO says Bitcoin will be volatile, but it will 'go up forever'

MicroStrategy CEO says Bitcoin will be volatile, but it will 'go up forever'




Michael Saylor, MicroStrategy chairman and CEO, joins ‘Squawk on the Street’ to discuss his outlook on Bitcoin in the next 12 months.

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12 Comments

  1. Great context.everyone needs more than there salary to be financially stable.the best thing to do with your money is to invest it rightly.because money left for saving always end up used with no returns.i started investing in bitcoin mid November 2020 with the help of a well-known -professional Mr Richard Wayne and the profit entirely funded my recent duplex.

  2. "IF" The Graph GRT is the Google of crypto & Google began trading around $23 Billion Market Cap ended the year around $100 Billion, do you think we end the bull run around $23B or do we go parabolic like Google did around $100 BILLION "OR" MORE? I'm not your nor a financial advisor so please do your OWN DUE DILIGENCE envestigar research before ANYTHING. CAPISH?
    May the Force be with GRT

  3. Seems obvious to the non-commercial interests that crypto has attracted all the "silly $$" available, i.e., all traders who are willing to invest in a 100% speculation trade have bought, so the well is now dry. This explains why BTC cannot sustain the 60K level, even after multiple tries this year….it's out of gas. Only question now is how will the descent play out? I will guess slowly, with some violent selling at times (e.g., when the US digital dollar is announced). Ultimate price target is well under $10K, but it could take a year.

  4. <I respect your work mate.. I Will advice traders esp newbies to have 0rientation of trading before they get involved in it because the cyrpto market has been unstable, forget predictions and start making a good profit now because future valuations are all speculations and guesses. when news gets bearish start buying. "Keep it simple" That correction was the best thing that happened me. but all thanks to Wim Steven for his amazing skills for help me to earn 12 BTC through trading chart. I believe we are in the spring phase.Stephen Girard.

  5. <As expected, Bitcoin reached its all time high. It’s expected that the long volatile route to the top starts now, where I expect Bitcoin’s peak around Christmas. We often see that when Bitcoin makes a move, the altcoins follow in the two weeks after, which could explain the latest surge in Ethereum and Solana. As big as Bitcoin is now, it’s a mere fraction of what it will be so it never too late, one important note is to follow the guidance of a professional
    <In three weeks of trading I have been able to make 9.2 btc using signals from sheyla strategy. they can easily be reached on Telegram 💬 as [sheylastrategy].

  6. There is no strategy behind this company besides buy more bitcoin. This is business intelligence tools company by the way.

    Ridiculous interview, why not ask him about Microstrategy? What does he know about hyperinflation lol.

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