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-0.00307131306773172 -0.00393952877592437 -0.00614262613546332 -0.014575171201285 -0.037107539368156 -0.0647556515416256 -0.118544002257361 -0.145143526909261
Stock impact report

Bitcoin surge this cycle could be different if nations start buying, experts predict [Yahoo! Finance]

MicroStrategy Incorporated - Class A (MSTR) 
Last microstrategy incorporated - class a earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.microstrategy.com
Company Research Source: Yahoo! Finance
Roundtable anchor, Rob Nelson, Brian Dixon, CEO of Off The Chain Capital, and Kelly Kellam, Director of BitLab Academy, recently shared their insights on the cryptocurrency's volatile journey and what might lie ahead. Brian Dixon emphasized the normalcy of significant price fluctuations within bull cycles. "Multiple times throughout historical bitcoin cycles, bitcoin will do a 20 to 30% drawdown during the bull cycle and then bounce right back," he noted. In 2017, bitcoin experienced 11 such drawdowns yet continued to reach new all-time highs. Dixon projected that bitcoin could reach between $125,000 to $150,000 by December 31st of this year, especially if nation-state adoption accelerates. "If more countries believe the U.S. is going to start buying bitcoin for their balance sheet... that's going to command a huge price multiple on where it's at today," he explained. President Trump had floated the idea of creating a U.S. bitcoin reserve at the Bitcoin conference in Nashville Show less Read more
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