CryptoBullishCrypto Briefing · 5h ago6/10
⛓️
Michael Saylor: Bitcoin could reach $20 million, institutional adoption is key for stability, and rehypothecation practices are suppressing prices | Bankless
Michael Saylor suggests Bitcoin could reach $20-21 million per coin, citing institutional adoption as essential for price stability and long-term viability. He contends that rehypothecation practices in the cryptocurrency market are artificially suppressing Bitcoin's current price, implying that eliminating these practices could unlock significant upside potential.
$BTC