This stone circle likely symbolizes coins and all the early forms of money known by humanity. The tweet itself says: “Bitcoin is better money,” meaning that Saylor believes Bitcoin surpasses all seashells, stones, skins and so on that have been used as money since humans invented this means of exchange.
As of this writing, Bitcoin is trading at $101,365 per coin after demonstrating a 7.33% increase over the last two days and recovering from the $94,500 zone.
Rasmussen shared an outlook that in 2025, Bitcoin would surge to hit $200,000 after it finally broke above the $100,000 level in December this year. He shared a list of the catalysts they expect to fuel that price surge. That list included corporations buying BTC, the creation of the U.S. Strategic Bitcoin Reserve, the improvement of the regulatory and political climate, the tightening of the Bitcoin supply as a result of the 2024 halving and much bigger spot ETF inflows.
There were also hurdles he shared: governments selling Bitcoin, leverage blowout, disappointing rate cuts.As for Michael Saylor, he believes that 10 years from now, Bitcoin will easily be worth $13 million per coin, as it will have taken away part of gold’s market share by then.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
