Strategy's Michael Saylor Sees Bitcoin (BTC) Bull Run Lasting Four Years

Strategy's Saylor Calls a Four-Year Bull Run

Strategy chairman Michael Saylor says Bitcoin (BTC) has entered a fresh bull market that could keep running for four years, and he is keeping a $100,000 target for the next 12 months. He made the case in an interview with Schwab Network published on October 21, as the Bitcoin price traded near $83,700. Reaching $100,000 from there takes a gain of roughly 19.4%, and Saylor did not guarantee the coin gets there before the end of 2026. The destination also sits below the all-time high of about $126,198 set in October 2025, so the move he sketches is a strong recovery rather than a new record. A $100,000 print would therefore mark a rebound of scale, not a milestone into fresh territory. Saylor, long among the most prominent voices of Bitcoin Maximalism, tied the recent pressure on the market to tight monetary policy, foreign trade policy and the competition artificial intelligence now poses for investor capital. None of those forces, in his reading, damages the asset's core investment case, which rests on capped supply and the issuance cuts written into the Bitcoin Halving schedule. He put the timing claim plainly: a new bull run has started, and it could stretch across four years. The 12-month window keeps direction firm and timing soft, a distinction he drew himself when he declined to promise the level inside 2026. For holders, the call is less about a date than about a regime. Saylor is arguing that the drawdown phase is over and the expansion has begun, a claim the market now has to test on its own tape rather than take from a single interview.

848,517 BTC and the October 28 Vote

Strategy's own balance sheet sits behind the optimism. The company, formerly known as MicroStrategy, holds 848,517 Bitcoin (BTC) along with roughly $5.2 billion in cash reserves, a treasury that has made it the most prominent corporate strategic Bitcoin reserve and leaves its fortunes tied to the recovery its chairman describes. Shareholders vote on October 28 on a proposal to move dividend payments on some of the company's credit instruments onto a daily schedule. Saylor said the structure is meant to fit digital markets, which trade every day of the week, rather than a banking calendar. The arrangement extends a posture the company already embodies at corporate scale, one closer to the HODL end of the market than to active trading. Regulation figured in the interview as well. Saylor criticized the CLARITY Act, the draft legal framework for digital assets under discussion in the United States, saying it leans on restrictions instead of offering an open rights framework for innovation. A strong economy, in his argument, needs a rights framework more than a restrictions bill. He saw more constructive ground in steps coming from the Securities and Exchange Commission, the Commodity Futures Trading Commission and the Treasury Department. The chart gave the interview a more cautious backdrop. The overall technical assessment for the coin leaned buy, with moving averages generating strong buy signals and oscillators staying neutral. Bitcoin (BTC) traded above its 10, 20, 50 and 200 period exponential moving averages, the Relative Strength Index stood at 54 and the Average Directional Index, a gauge of trend strength, measured about 19. That mix shows no overbought condition and only limited trend strength behind the advance. Support sits at $82,000 to $83,000, while the $84,700 to $89,000 band marks the main zone above the market; a sustained break through it could decide whether the recovery gains force. Readers can follow the levels on our Bitcoin technical analysis page and the wider story in our Bitcoin coverage.

The Weight Behind the $100,000 Call

The weight behind the forecast rests less on the charts than on the balance sheet of the man making it. With 848,517 BTC on its books, Strategy gains directly from the recovery Saylor describes, and readers weighing the call should weigh that alignment with it. The October 28 vote adds an operational tell: a company preparing daily dividend mechanics is building for a market that never closes. Institutional demand is the other variable the outlook itself leans on, and our coverage of Bitcoin ETF inflows tracks that side of the flow. The undervaluation case pressed by Samson Mow, who calls treasury firms like Strategy massively undervalued, gives the same book a second lens. Confirmation is the missing piece: $100,000 sits above the $84,700 to $89,000 band, so the path has to clear that zone first. Until it does, the four-year bull market stands as Saylor's argument, not the market's record.