Saylor Predicts 10x Bitcoin Price Increase as Demand Rises and Supply Falls

Michael Saylor believes Bitcoin demand will increase while supply decreases, causing a 10x price increase.

Upcoming Bitcoin "halving" will reduce mining rewards and supply.

Anticipation of the first Bitcoin spot ETF possibly being approved soon is further increasing demand.

Saylor thinks major financial institutions getting involved will stabilize Bitcoin and boost its price.

Bitcoin recently hit its 2023 high of $35,878 on hype around a potential US spot ETF.