85.6% in Michael Saylor’s Poll Predict Bitcoin Will Hit $100K by Year-End

Bitcoin to $100K just got a big boost after Michael Saylor’s poll on X (formerly Twitter). 92,000 people voted and 85.6% said yes to Bitcoin hitting $100K by New Year’s Eve, 14.4% said no.

The poll got almost 500,000 views and has reignited the debate on Bitcoin hitting six figures as BTC is near all time highs. Saylor has been a long time Bitcoin bull.

In a tweet after the poll he said “Bitcoin’s rise isn’t a question of if but when. With Wall Street on board $100K is just the beginning”.

His optimism is due to growing institutional adoption especially with BlackRock and other big financial institutions filing for Bitcoin ETFs.

 

BTC/USD

Microstrategy’s $4.6 Billion Bet on Bitcoin

Microstrategy is leading the charge in corporate Bitcoin adoption. They just added 51,780 BTC to their reserves, spending $4.6 billion and now hold 331,200 BTC. This purchase was funded by a $13.59 million share sale. Microstrategy is all in on Bitcoin.

And they’re not done yet. At the end of October Microstrategy announced their “21/21 Plan” to raise $42 billion over three years to buy more Bitcoin. Saylor said “Investors are telling us to go all in on Bitcoin. They don’t want us to pause; they want us to accelerate.”

So this is a sign that institutional support for Bitcoin is stronger than ever with Wall Street’s interest driving the price.

Challenges and Catalysts Ahead

Saylor’s poll is bullish but some are saying Bitcoin can’t hit $100K by year end. Reasons include macroeconomic uncertainty (Fed rate hikes) and profit taking after all time highs.

But catalysts like the upcoming Bitcoin ETF approval and Microstrategy’s big purchases are still fueling the bullishness. Analyst Willy Woo said “We are seeing unprecedented institutional demand. This isn’t retail driven anymore—it’s Wall Street shaping the Bitcoin landscape.”

Key Takeaways:

  • Public Sentiment: 85.6% of respondents in Saylor’s poll believe Bitcoin will hit $100K by year-end.

  • Institutional Support: Microstrategy’s holdings now total 331,200 BTC, with plans to acquire more.

  • Market Outlook: Catalysts like Bitcoin ETFs could push BTC toward six figures, though macro risks remain.

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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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