Why $71B Bitcoin Giant Strategy Still Bets on BTC Hitting $150K in 2025 Despite Bitcoin’s pullback from its October high above $126,000, Strategy co-founder Michael Saylor remains confident the cryptocurrency will reach $150,000 by year’s end. Speaking at the Money 20/20 conference in Las Vegas, Saylor cited lower volatility and a maturing market as key drivers. “Bitcoin is grinding upward,” he said, adding that increased derivatives and hedging tools are stabilizing prices. Currently trading around $111,000—up 54% year over year—BTC still has massive upside, according to Saylor, who envisions $1 million coins within eight years and $20 million over two decades. Strategy, holding over $71 billion in Bitcoin, continues to buy regardless of price, with Saylor calling the past year the strongest in crypto’s history. Shares of Strategy (MSTR) closed at $275.36, down 3.26% but up 11% over the past year.
Bitcoin’s Uptober Hangs in the Balance: Can BTC End the Month in the Green?
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Bitcoin’s Uptober Hangs in the Balance: Can BTC End the Month in the Green?
As October winds down, Bitcoin clings to modest gains, up just 1.14% for the month, keeping traders on edge about whether “Uptober” will hold true. Historically, October has delivered for Bitcoin—green in 10 of the past 12 years with average returns above 20%.
After surging past $123,000 early in the month, BTC dipped to $107,000 before rebounding to around $115,500. Supportive market factors—record S&P 500 highs, expectations of a Fed rate cut, and easing U.S.-China tensions—are fueling optimism. Meanwhile, three straight days of spot Bitcoin ETF inflows suggest growing institutional confidence as Uptober’s finale approaches.
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