Bitcoin advocate and Strategy Executive Chairman, Michael Saylor, has sparked major attention after making an ultra-bullish prediction about the future of Bitcoin. According to a statement shared on his official X account, Saylor said if Bitcoin is not heading to zero, it is going to $1 million per coin.
This comment followed a sharp rebound in the Bitcoin market, after the asset recovered 2.35 percent. Just hours earlier, Bitcoin had dropped by 4.33 percent, falling from $108,350 to $103,660. The quick recovery prompted renewed confidence from long-term investors and institutions.
Adam Livingston, author of Bitcoin Age, responded to Saylor’s post by saying he expects Bitcoin to reach $13 million by 2045. In a similar tone, BlockStream CEO and early Bitcoin supporter, Adam Back, referred to a previously placed limit order to buy all 21 million BTC at two cents each. The order, which had been cancelled years earlier, was symbolic of the strong belief in Bitcoin’s long-term value.
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Large Bitcoin Transfers Spark Speculation of Institutional Moves
Meanwhile, on-chain data shared by a CryptoQuant analyst revealed that 8,000 Bitcoins aged between three to five years were moved. These assets were transferred from Coinbase Custody, a service used mainly by institutional clients. The analyst noted that the movement was likely connected to Strategy or spot ETF allocations.
Despite this large transfer, the analyst suggested that Bitcoin buying from Strategy or ETF funds may pause temporarily. Recently, Strategy purchased 1,045 BTC worth $110.02 million, boosting its total holdings to 582,000 BTC. The company’s Bitcoin portfolio is now valued at approximately $63.85 billion and has returned 17.1 percent year-to-date in 2025.
The broader market also witnessed high volatility, with more than $415 million in long positions liquidated in a single session. In contrast, only $28.69 million worth of shorts were liquidated, showing a massive imbalance in market sentiment.
Bitcoin’s price dip was triggered by intensifying military and geopolitical tensions in the Middle East. However, the quick rebound and public support from figures like Saylor continue to drive momentum for further upside.
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