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Investors have expressed their views on the sale price of their bitcoins
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Investors have expressed their views on the sale price of their bitcoins

Dec 9, 2023

Michael Saylor, co-founder of MicroStrategy and a major Bitcoin investor, conducted a survey among his followers to find out at what BTC price they are willing to sell their cryptocurrencies. The main options were: $1 million, $100,000, $250,000, and $500,000. The majority, 36%, chose "$1 million or never," while 30% indicated $100,000. The $250,000 and $500,000 options were less popular, garnering 18% and 14% of votes, respectively.

The $100,000 mark is considered a key psychological level. This is confirmed by the expectations of the crypto community, especially after the Bitcoin halving in 2020, when many expected BTC to reach this level. Remember, in November 2021, BTC set a record high of around $69,000.

Now, the crypto community's expectation of Bitcoin reaching $100,000 by 2024 is increasing, especially in anticipation of the next halving. Observations show that each halving contributes to the rise in Bitcoin's value to new highs. Saylor's survey revealed potential levels for the activation of cryptocurrency sales, suggesting that mass selling is possible upon reaching $100,000.

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