Michael Saylor, executive chairman of Strategy Inc., announced that Bitcoin's bear market is over and predicted its price will surpass $100,000. He cited improved US regulatory conditions and increased bank adoption as key drivers for this bullish phase. Bitcoin recently recovered from below $60,000 to the $80,000 range, with Strategy Inc. holding a significant portion of Bitcoin supply and continuing to buy. Investors should watch if Bitcoin stays above Strategy's average cost of around $75,000 and if bank adoption grows further.
Michael Saylor's Bitcoin outlook is presented here with Pluang's market data for context. As of Oct 14, 2026 02:03 WIB, 19 out of 50 major cryptocurrencies on Pluang rose while 30 fell. Kusama (KSM) traded at Rp83.560 with a 4.72% decline, Tezos (XTZ) rose 4.54% to Rp5.779, and COTI dropped 4.45% to Rp224, showing varied investor activity.
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