Stating that the 2024 US elections are “the biggest event in the last four years” for Bitcoin, Saylor thinks that the victory of President-elect Donald Trump and the dominance of the Republican Party in the House of Representatives and Congress triggered Bitcoin’s bull run.

In an interview with CNBC on November 14, Saylor stated that the New Year’s party will be held at his home to celebrate Bitcoin reaching $ 100,000 and said that he is confident that BTC will not fall below the $ 60,000 level.

He responded strongly negatively to the question that Bitcoin could drop to the $30,000 level.

“I think it’s going to go up from here. I’m planning the $100,000 party and it’ll probably be at my house on New Year’s Eve,” Saylor said.

“It wouldn’t be surprising if Bitcoin surpassed $100,000 in November or December,” he said.

Finally, Bitcoin reached a new all-time high, rising above the $93,400 level following the US Consumer Price Index (CPI) report released on November 13.

However, with a 1.7% decline in the last 24 hours, Bitcoin is currently trading at $89,083.

Saylor attributed Bitcoin’s continued rise to the election results in the United States and the political power gained by the Republican Party. After Trump was elected president, Bitcoin climbed to $75,000.

According to Saylor, the rise of Bitcoin not only points to the potential of digital assets, but will also enable the implementation of more Bitcoin-friendly policies and pave the way for stronger growth of the crypto industry.

“This is an incredibly positive development for digital assets. It’s a very good thing for the crypto industry. We will see more Bitcoin-friendly policies. “A framework for digital assets will be created and the war against crypto will be ended,” he said.

Saylor’s statements show that most of the 272 pro-crypto candidates elected to the US House of Representatives are from the Republican Party. This is a very important sign for investors who expect more regulation and support in the cryptocurrency world.

According to data from Stand With Crypto, the Republican Party’s election victory could be an important turning point for the future of cryptocurrencies.

MicroStrategy’s Bitcoin investments also attract attention. Saylor announced on November 11 that MicroStrategy purchased an additional $2.03 billion worth of Bitcoin.

With this acquisition, MicroStrategy’s total Bitcoin reserve reached 279,420 BTC, making it the organization with the largest Bitcoin reserve currently owned by a company. While Saylor maintains his belief that Bitcoin will gain even more value in the future, he points out that his company made this strategic investment with the expectation of long-term profits.

The rise of Bitcoin is very important not only for investors but also for the future of the cryptocurrency industry.

Saylor expects broader acceptance of cryptocurrencies if Bitcoin reaches $100,000, which he believes will lead to greater adoption of digital assets around the world.

At this point, it becomes clear that the US elections will be one of the most important factors that will shape the future of cryptocurrencies.