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Price Prediction

Silor says the coding winter does not reuse it, and expects $ 1 million bitcoin

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Michael Celor, CEO of the strategy, Michael Celor, says winter encryption is history and that bitcoin is heading at one million dollars per coin.

“Winter is no longer” Sailor He said Bloomberg on Tuesday. “We have exceeded that stage; if Bitcoin will not reach zero, you will get a million dollars.”

The strategy, which was previously called Microstrategy, has been bitten by Bitcoin strongly since 2020 and is the largest company holder of the king of Cryptos.

Bitcoin

Silor says that all the evidence that supports its prediction is of $ 1 million

According to Silor, there are many factors that support his upward outlook Bitcoin.

This includes the embrace of US President Donald Trump for Bitcoin and encryption, the support of the cabinet from BTC, the support of the US Treasury, Scott Pesin, and the fact that the head of the Securities Committee and the New Stock Exchange (SEC) was chosen.

Silor also said that banks in the United States will soon bitcoin custody and said Bitcoin has gone through the most dangerous period.

It takes only 50 million dollars per day to enhance Bitcoin price

Silor says that there is currently 450 BTC only on the day available for sale through Bitcoin miners, which he called “Natural Sellers”. At current prices, this amount of BTC is estimated at about $ 50 million available for sale every day.

“If this is $ 50 million immediately, the price must be rising,” he said. “Now, if you do mathematics, you will actually see Bitcoin Treasury companies alone buy the entire natural offer. “

He said that Blackrock and other asset managers create an ascending pressure on BTC price via Bitcoin they buy for investment funds circulated on the stock exchange (the boxes circulated on the stock exchange).

“So I think that when Bitcoin collects, if it rises to $ 500,000 or 1,000,000 dollars, we may talk about it by $ 200,000 for the coin,” said Silor. “But at current price levels, it takes only $ 50 million to transfer the entire management column to the encryption economy.”

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