Michael Saylor, Executive Chairman of Microstrategy, asked his followers on social media how much they think Bitcoin will be worth by the end of the year. A whopping 85.6% of the voters think Bitcoin will reach $100,000 by the end of the year. This excitement is fueled by record highs in Bitcoin’s value and massive purchases by Microstrategy.
In simpler terms, many people believe that Bitcoin will be worth a lot of money by the end of the year. They think this because Bitcoin’s value has been going up and a big company called Microstrategy has been buying a lot of it.