In a recent CNBC interview, Saylor conveyed his conviction that BTC is on the verge of a price rally that could leave a lasting mark on contemporary financial history.
Additionally, Saylor highlighted the mounting anticipation surrounding spot Bitcoin Exchange-Traded Funds (ETFs) within the Wall Street domain. These ETFs are expected to generate augmented buying pressure, paving the way for broader, mainstream investment in cryptocurrency. There are rumors circulating that the inaugural spot Bitcoin ETF could receive regulatory approval as early as Christmas. This further marks a momentous milestone in the cryptocurrency’s integration into the traditional financial markets.
Saylor urges industry to move to the next level
Saylor’s perspective is that the industry needs to refocus its attention on Bitcoin, the most established and widely recognized cryptocurrency. He argues that by moving away from the distraction and speculative nature of numerous “shiny little tokens,” the industry can realize its true potential. Saylor predicts that such a shift in focus and increased maturity within the sector could result in a tenfold growth from the current state.
Furthermore, the synergy of these factors is what underlies Saylor’s optimistic outlook for Bitcoin in the upcoming year. He believes that the surge in demand, combined with the reduction in supply, presents an extraordinary and unparalleled opportunity for the asset.
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Bitcoin to the moon?
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