Michael Silor Bitcoin predictions: Bitcoin price to reach $ 5 million? Michael Sailor says he will become indispensable, and cited three main reasons

The founder of Strategy (previously Microstrategy), installed by Michael Celor to expect that Bitcoin will eventually replace gold as the favorite store, with a value of $ 5 million per currency, the street said. Below are the three main developments that Silor claim will be necessary to send bitcoin to $ 5 million.

Bitcoin ETF spot approval

The first main factor is the instant ETF approval of Bitcoin, which makes it easier for adult institutional investors to buy bitcoin. Celor explained that with ETF, the investor can simply buy $ 100 million from Bitcoin through security, according to the Street. This can lead to an increase in demand and pay the price of bitcoin higher.

Bitcoin nursery banks

The second catalyst, according to Silor, is if the banks start bitcoin custody and provide loans against them. This would integrate bitcoin into the traditional financial system, which increases its attractiveness to institutional investors. He pointed out that “the bank you are dealing with will keep it for you and lend it,” as it quoted the street.

The fair value that reaches bitcoin on corporate budgets

The third and last factor is the fair value that represents Bitcoin on corporate budgets, according to the street. Silor claimed that if companies can report the true market value of Bitcoin, rather than force them to delete them as asset, huge institutional investments may pay. He explained: “If the banks can keep these things in their public budget, then a new full category of investors will buy them.” The ability to treat bitcoin, such as other financial assets, such as stocks or treasury bonds, will open a wave of demand.

Bitcoin as a long -term contract

As banks advance low -interest loans against Bitcoin, Silor claimed that their holders will not have a reason for sale, which increases their price to the top. He said, “No one will sell it because there is no reason to sell it if you can borrow in Sofr Plus 50 basis points,” as she quoted the street.

Can Bitcoin go beyond gold?

Silor expects that Bitcoin will eventually exceed the maximum gold market with a 10 factor. It is estimated that these changes can be revealed during the next 12 to 36 months, it hopes to gradually increase. He claimed, “The longer the long, the more grinding, the more time I must buy more of them,” it was reported in the report.

Bitcoin Sailor portfolio

According to Street Street, Silor, the strategy, has already invested in Bitcoin, with 478,740 BTC in its holdings. Recently, the company has bought an additional 7,633 BTC for 742.4 million dollars, raising the average purchase price to $ 65.033 per bitcoin.

Common questions

Why does Michael Sailor think that bitcoin will replace gold?
Silor claimed that the decentralized and unreasonable Bitcoin character guaranteed that she is the ideal store for value, especially in an era where inflation increases, according to the report. Bitcoin is expected, at the appropriate time, replaces gold with a 10 factor, primarily because of its potential to move inflation and increased institutional investment.

What are the three basic catalysts that may pay Bitcoin to $ 5 million?
The three initial events that may pay bitcoin to $ 5 million, approval of the immediate bitcoin, and banks began in bitcoin custody and the fair value that represents Bitcoin on corporate budgets, according to the street.