Brave Statements for Bitcoin (BTC) from Famous Bull Michael Saylor!

Leading cryptocurrency Bitcoin (BTC) While it rose above 100 thousand dollars with the upward momentum it experienced, it then dropped to 90,000 dollars with a sharp and sudden decline.

While this decline makes investors nervous, it is wondered whether there will be a further decline.

At this point the famous Bitcoin bull Michael Saylor, He said an 80% crash in Bitcoin is unlikely.

MicroStrategy founder Michael Saylor discussed his personal Bitcoin purchases in an interview with Yahoo Finance and stated that he does not expect a major collapse in BTC price.

Admitting that an 80% collapse in Bitcoin is theoretically possible, Saylor stated that he believes this will not happen in practice.

Although Bitcoin has experienced pullbacks, Saylor said he does not believe BTC will experience a major correction in 2022, as it did in the previous cycle, when it fell 80% from $66,000 to $16,000.

Saylor, “For such a decline to occur, there would need to be a lot of very poorly capitalized companies like FTX, Genesis, Celsius, and BlockFi going bankrupt. However, there are no such companies on the market at the moment, and it seems very unlikely that this scenario will repeat.” he said.

Saylor also stated that Bitcoin’s high volatility has not hindered his company’s regular BTC buying strategy, which it finances by issuing MSTR shares.

MicroStrategyStating that ‘s Bitcoin-based income brought a profit of $ 12.3 billion this year, Saylor said that this made MicroStrategy the most profitable and fastest growing company in the Bitcoin standard.

*This is not investment advice.