BITCOIN BULL MICHAEL SAYLOR MAKES WILD $6 MILLION PRICE PREDICTION!! eBAY TO ADD CRYPTO PAYMENTS!!

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MicroStrategy CEO Michael Saylor, who's transformed his business intelligence company into a Bitcoin acquisition vehicle, expects the king cryptocurrency to eventually hit $6 million per BTC and in a new interview reveals the factors that he believes are contributing to the wild price swings in the crypto markets.

“The volatility is driven by the immaturity of the asset class. The lack of wash trading rules – you can buy and sell [crypto assets] within the same hour…I think that’s fairly immature.

I think 20x leverage on the off-shore exchanges, I think the Wild West of crypto derivatives, the cross-collateralization of altcoins into ETH [or] BTC through decentralized finance (DeFi) exchanges on a Saturday night through a very thin piece of liquidity on the 177th-biggest coin – all of those things are a recipe for volatility.”

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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3Ka13rt
✔ Bitcoin $64K Prediction: https://bit.ly/3sxoV2A
✔ eBay To Add Crypto Payments Soon: https://bit.ly/3st7ZtY
✔ Key Factors Driving Market Volatility: https://bit.ly/3tiUCLZ
✔ $6M BTC Price Prediction: https://bit.ly/3C5cEFN

???? DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make.​​​​​​​​ Always do your own research and never invest what you cannot afford to lose.

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Category
Cryptocurrency
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