**‘Black Friday’ Comes Early as Saylor Says Bitcoin Is ‘On Sale’**
Former MicroStrategy CEO Michael Saylor remains unfazed by the recent Bitcoin price drop. In his latest social media post, the entrepreneur stated that the leading cryptocurrency is currently “on sale.”
Earlier this week, Bitcoin’s price fell below the crucial $100,000 level for the first time in roughly four months, sending market sentiment into “extreme fear” territory. Despite this, Bitcoin is currently trading around $103,003 after recovering some losses.
The last time Saylor called Bitcoin “on sale” was in August, after which the cryptocurrency experienced substantial gains and eventually reached a new all-time high in early October.
### $150,000 by Year-End?
In an interview with Schwab Network earlier this year, Saylor predicted that Bitcoin’s price could hit $150,000 by the end of 2023. However, recent developments suggest this target might be out of reach. According to Polymarket bettors, there is only a 9% chance of BTC hitting $150,000 during the remainder of the year, a sharp decline from a 51% chance recorded in June.
This shift in sentiment reflects growing bearishness following months of sluggish price action. Even Alex Thorn, Head of Research at Galaxy Digital, has lowered his year-end forecast to $120,000, effectively lowering expectations for Bitcoin’s near-term performance.
Currently, Bitcoin is down approximately 19% from its all-time high of $126,080 reached back in October.
*Source: [U.Today](https://u.today/black-friday-comes-early-as-saylor-says-bitcoin-is-on-sale)*
https://bitcoinethereumnews.com/bitcoin/black-friday-comes-early-as-saylor-says-bitcoin-is-on-sale/
