Michael Saylor, the CEO of MicroStrategy, says that the price of #البيتكوين is expected to reach around 150,000 by the end of the year. He made these comments on CNBC during the Money 20/20 conference in Las Vegas.

At that time, he predicted that Bitcoin would reach 1 million within 4 to 8 years, and in the very long term, it would reach 20 million.

My long-time followers know what I'm going to say... It's better if I stay silent. Let's continue reading the post.

Why does Michael expect this rise?

He says that major banks like JPMorgan, Wells Fargo, and Citigroup will enter #البيتكوين more widely and offer it to a larger number of people, which he believes will enlarge the market tenfold.

It was also mentioned that the rise in the use of artificial intelligence agents within financial institutions requires a higher speed than the current banking system, which drives them to adopt blockchain.

According to his words:

- Bitcoin becomes a store of value

- Stablecoins become a medium of exchange

The impact of American policy:

Michael says that the last 12 months have been the best for the field due to the following government changes:

- Establish a strategic reserve for Bitcoin

- Special legislation for stablecoins

- Appoint pro-cryptocurrency individuals in regulatory bodies

Is Michael's opinion in line with the market?

Michael's view is close to the expectations of other analysts like Matt Hougan, who also expects a new peak before the end of this year, 2025.

If you are interested in investment:

- Government and regulatory support is considered a strong positive factor.

- This optimism is based on a clear institutional expansion.

- MicroStrategy's ongoing purchase of Bitcoin is considered direct support for the market.

- The investor cares about only one thing, which is ( accumulating Bitcoin ). Do what you see suitable for you if your mindset is that of an investor and not a trader.

If you are interested in trading:

- Any news about banks or the government moves the price

- The market is volatile due to politics and customs tariffs $ETH .

- Volatility works for you as a trader, but only if you know how to act and are not just a beginner or hobbyist.