Former MicroStrategy CEO Michael Saylor predicts that Bitcoin will experience an extended period of market dominance, potentially doubling its current level. Saylor attributes this increase to growing regulatory clarity in the United States, which he believes will lead to a Bitcoin-focused industry.
He expects a shift away from stablecoins, crypto derivatives, and tokens, as Bitcoin is the only digital commodity that regulators are willing to accept. Saylor anticipates that the narrowing of the industry will benefit Bitcoin by eliminating competition and confusion in the marketplace, and he foresees a flood of institutional money pouring into Bitcoin due to regulatory clarity.
All Comments