PANews reported on November 15 that according to Cointelegraph, MicroStrategy founder Michael Saylor has ruled out the possibility of Bitcoin pulling back to $60,000-a price that is critical for most of 2024. Saylor said in an interview with CNBC on November 14: "I don't think it will fall to $60,000, nor will it fall to $30,000. I think it will continue to rise from the current price." He said that Trump's victory "very clearly" determines the future of cryptocurrencies and Bitcoin in the United States, and added: "I really don't see any threats in the short term."
Saylor said: "I'm planning a celebration party for Bitcoin reaching the $100,000 goal. I think it will probably be a New Year's Eve party at my house, so I would be surprised if Bitcoin doesn't break $100,000 in November or December."
Saylor also weighed in on speculation that U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler could step down after Trump takes office next year, saying whoever takes over the position would play the “most critical role” in the cryptocurrency industry.
