Saylor: Bitcoin Demand Dey Pass Supply, Rally Dey Loom by Year-End
MicroStrategy executive chairman Michael Saylor don talk say Bitcoin go rally by year-end as corporate treasury demand and ETF purchases pass miner issuance, wey dey create supply squeeze. Companies dey use Bitcoin as reserve asset instead of dividends or buybacks, and major ETFs dey serve institutional clients. With daily issuance wey dem project for 900 BTC against average daily demand of 3,185 BTC for 2025, Saylor see Bitcoin as “digital gold” wey underpin future credit systems. Even though price bin stable recently and $2 billion technical liquidations happen, steady demand dey support bullish outlook for Bitcoin both short and long term.
Bullish
Michael Saylor talk dey show say supply and demand no balance well as corporate treasuries and ETF inflows pass wetin miner dey issue, e mean say supply tight, this ones usually dey happen before price go rise. For short term, if buyers still dey push, e fit cause rally before year end, plus recent price wey steady even as dem dey liquidate mean say e still tough. Long term talk say Bitcoin as “digital gold” for credit system mean say e get strong bullish reason. Traders fit increase their long positions as dem dey expect demand go still come from institutions and companies. Past time wey supply squeeze happen, plenty rally show, this dey support say Bitcoin price go get upward pressure.