The condition under which 30% of bitcoin holders will sell the cryptocurrency has been named

Сейлор" href="https://noworries.news/biography/majkl-dzh-sejlor/" data-bio-id="3672">Michael Saylor, co-founder of MicroStrategy, conducted a survey among his subscribers to find out at what bitcoin rate they would start selling their cryptocurrency savings. According to the survey, 36% of participants said they would start selling bitcoin when its value reaches $ 1 million or never sell it.

The second most popular option was the $ 100,000 rate, which was voted for by 30% of Sailor’s subscribers. The options of selling bitcoin for $ 250,000 and $ 500,000 were less popular, with 18% and 14% of participants voting for them, respectively.

$ 1,000,000 to Never pic.twitter.com/TizgAB2f4G

— Michael Saylor⚡️ (@saylor) December 8, 2023

These results show the level at which bitcoin sellers can become active. Thus, once the cryptocurrency reaches the $ 100,000 mark, a massive sell-off is possible.

Michael Saylor is one of the most famous bitcoin maximizers in the crypto industry. In November, the entrepreneur shared his forecast and noted that in the future, BTC $56,555.25 Bitcoin -2.97% Market capitalization $1.12 trillion VOL. 24 hours $4.65 billion will reach $ 5 million per coin. Sailor is confident that bitcoin will be able to displace gold in the future. He believes that next year the digital asset will reach $ 500 thousand and then will head towards $ 5 million.