Michael Saylor believes Bitcoin has begun a new four-year bull cycle after hitting a floor slightly below $60,000 in late June 2026. Its rebound from the 200-week moving average pushed the price to a range of roughly $77,000 to $83,500 in late October, representing an increase of about 42% since the third quarter. Saylor also cites bank lending backed by Bitcoin, tokenization, digital credit issuance and a favorable regulatory environment. He forecasts Bitcoin could reach $100,000 within a year and grow at an annual rate of 20% to 30% over the next two decades, although restrictive monetary policy remains a headwind. Strategy holds approximately 845,000 to 848,250 Bitcoin, nearly 4% of the total supply, giving the company a direct financial interest in the forecast.
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