MicroStrategy CEO: Inflation Has Not Peaked, And Neither Has Bitcoin

Michael Saylor, CEO of MicroStrategy and a famous Bitcoin Perma bull, has warned that inflation in the United States has not peaked. Mr. Saylor’s remark comes as US inflation has reached a 40-year high of 8.6%. He does, however, give a ray of optimism by noting that Bitcoin’s value has not reached its pinnacle. The following tweet contains the thoughts of the CEO of MicroStrategy on the future of inflation in the United States and the price of Bitcoin. Inflation hasn't peaked, and neither has #Bitcoin. — Michael Saylor⚡️ (@saylor) June 10, 2022 In a similar research, Anthony Pompliano, a well-known Bitcoin bull, stated that the actual US inflation rate is likely in the double digits. He stated, “If the official inflation number is 8.6%, then the real inflation number for an average citizen is easily double-digits.” Bitcoin’s Price Falls Below $30,000: Report In terms of value, the number one digital asset, Bitcoin, has been heavily affected by news that US inflation has reached 8.6%, the highest level in 40 years. As a result, Bitcoin has fallen below the important $30k support barrier, settling at a new low of $29,011. Furthermore, MagicPoopCannon, a well-known Bitcoin and crypto analyst, has predicted that BTC is likely to face some hardships shortly. Bitcoin will most likely bottom between $13,500 and $21,000, according to his calculations.The post MicroStrategy CEO: Inflation Has Not Peaked, And Neither Has Bitcoin appeare...