- Bitcoin will hit $420K and then $1 million five, claims Qiao Wang from Alliance DAO.
- Imran Khan and Wang also believe that this is the last Bitcoin cycle.
- If BTC hits $500K, Michael Saylor will become the world’s first trillionaire.
Michael Saylor, the former CEO and current executive chairman of MicroStrategy—the largest corporate holder of Bitcoin (BTC)—is on track to become the world’s first trillionaire within four years if a new BTC cycle begins. Meanwhile, the leading digital asset struggles to maintain its path above $100,000.
Qiao Wang and Imran Khan, partners at Alliance DAO, a leading Web3 accelerator and founder community, discussed Bitcoin and MicroStrategy on the Good Game Podcast . The entrepreneurs hope the cryptocurrency does not fall below $58,000 in the next four years because that figure marks MicroStrategy’s liquidation point.
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If BTC drops below $58,000, Wang and Khan expect the market to fall apart and trigger a crisis worse than the implosion of Sam Bankman-Fried’s FTX exchange and the Terra ecosystem collapse that wiped out billions in the crypto sector.
Separately, the core Alliance DAO contributors said the current market cycle is “very complicated” and suggested this might be the “last Bitcoin cycle.” They also believe the digital asset may be less volatile soon.
Bitcoin and MicroStrategy
Wang predicted that if the BTC-friendly Donald Trump administration implements Strategic Bitcoin Reserves, BTC will skyrocket to $420,000 and, once it reaches this milestone, the cryptocurrency will capture $1 million within five years. In that scenario, MicroStrategy’s BTC stash would be extremely valuable.
The best outcome for Bitcoin, MicroStrategy, and Saylor involves Bitcoin reaching the $500,000 level, which would make Saylor the richest person ever and the first trillionaire. According to saylortracker data , the business intelligence software provider purchased Bitcoin above $100K for the first time in December and now holds 439,000 BTC worth a massive $41.84 billion.
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