MicroStrategy co-founder Michael Saylor predicts that the price of Bitcoin will soon reach the $100,000 mark. This prediction comes in the wake of Donald Trump’s election as president, which Thaler believes will have a significant impact on the crypto industry.
In a recent interview, Thaler expressed his staunchly bullish stance on Bitcoin, predicting that the cryptocurrency will reach six-figure prices by the end of the year.
"I'm planning a $100,000 party, I think probably at my house on New Year's Eve," Seiler said. "So I would be surprised if we don't hit $100,000 in November or December."
Thaler also shared his thoughts on Trump’s recent election, believing it to be a positive turn for the crypto industry. He expects more pro-Bitcoin policies and an end to the war on cryptocurrencies.
Speaking about the United States’ adoption of Bitcoin as a strategic reserve asset, Thaler said: “I think this is very optimistic for digital assets. It is a good thing for the crypto industry and we will see more policies that support Bitcoin. We will see a digital asset framework and we will see the war on cryptocurrencies end. We will see a lot of pro-business policies.”
Thaler’s latest predictions indicate growing confidence in the potential of Bitcoin and the broader crypto industry, arguing that the election of Trump, known for his pro-business stance, could lead to more favorable policies for cryptocurrencies. The United States' adoption of Bitcoin as a strategic reserve asset may also mark a major shift in the global financial landscape, further solidifying the role of cryptocurrencies in the economy.