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    Posted 11/2/2023, 5:19:00 PM

    Bitcoin Price Could Surge 10X as Demand Rises and Supply Drops, Saylor Predicts

    • Bitcoin supply will be reduced by halving while demand surges from spot BTC ETFs

    • New accounting rules will open the door for more corporate bitcoin adoption

    • Crypto industry needs to move past unreliable players and tokens to bitcoin

    • As industry matures and focuses on bitcoin, we could see a 10X increase in price

    • Miner selling will drop from $12B to $6B annually after 2024 halving

    • Saylor believes bitcoin has too much potential upside to ever have enough

    coindesk.com
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