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Saylor Predicts $21M Bitcoin Future
Gold Could Hit $4,000 Soon, Oil Prices Eye $100 Mark and Amazon, Microsoft Cut Jobs for AI
CRYPTO
Saylor Predicts $21M Bitcoin Future
Bitcoin advocate and Strategy founder Michael Saylor made headlines again at BTC Prague 2025, projecting Bitcoin’s price could reach $21 million within 21 years. This bold forecast is a dramatic jump from his previous $13 million prediction in 2045. Saylor cited major political and regulatory shifts as reasons for his renewed optimism, including the U.S. government’s growing support for Bitcoin and Donald Trump’s return to power, which he called a “sea change in politics.”
He also referenced the rise of pro-crypto legislation, such as the Bitcoin Act and Genius Act, and the increasing number of U.S. states embracing digital assets. Despite backlash in 2024 for dismissing self-custody, Saylor has since revised his stance, supporting it for capable users.
Meanwhile, Strategy continues its aggressive Bitcoin accumulation, now holding over 592,000 BTC. At the BTC Prague event, themes of decentralization and self-custody were front and center, drawing over 5,000 engaged attendees.
ECONOMY
Gold Could Hit $4,000 Soon
Gold prices could reach $4,000 per ounce in the next year, according to Bank of America analysts, but not because of war. While geopolitical tensions—like the Israel-Iran conflict—typically trigger short-term gold surges, BofA says they don’t sustain long-term growth. Instead, it’s the growing U.S. budget deficit and market volatility that could drive prices higher.
Since Israel's strikes began, gold has dipped 2%, and analysts argue that fears about U.S. fiscal health are now a bigger factor. As Trump’s proposed tax-and-spending bill advances in Congress, deficits are expected to rise significantly—raising doubts about the demand for U.S. Treasuries.
Central banks have already sold $48 billion in Treasuries and continue to increase their gold reserves. A recent survey shows emerging economies especially are shifting toward gold amid rising global uncertainty.
With only 3.5% of investor portfolios currently in gold, analysts see room for further upside. A weaker dollar could also boost gold demand.
ECONOMY
Oil Prices Eye $100 Mark
Oil prices are bracing for a potential surge after U.S. jets struck Iran’s three major nuclear facilities—Fordow, Natanz, and Isfahan—joining Israel’s offensive and escalating tensions in the Middle East. Brent crude has already climbed 11% this week, and analysts warn prices could soon reach $100 if Iran retaliates by targeting U.S. assets or obstructing the Strait of Hormuz—a vital oil chokepoint.
Energy markets are highly volatile, with freight rates, diesel costs, and call option premiums spiking. Traders have exited futures positions at record speed, signaling stress and uncertainty. The U.S. Navy may now need to ensure the Strait remains open, adding more geopolitical risk.
While oil supply hasn’t yet been disrupted, market participants fear a broader conflict could change that rapidly. A diplomatic path remains uncertain, and Iran’s next move is key. Until then, risk premiums are expected to stay elevated, with traders closely watching volatility and open interest levels.
TECH
Amazon, Microsoft Cut Jobs for AI
Amazon and Microsoft are preparing for major workforce reductions, with artificial intelligence playing a central role. Amazon CEO Andy Jassy told employees that generative AI will streamline operations, reducing the need for certain jobs while creating new roles. He expects overall headcount to decline in the coming years as AI increases efficiency, particularly in areas like inventory and forecasting.
Meanwhile, Microsoft is reportedly planning thousands of layoffs, primarily in its sales division, though the company has not confirmed specifics. The tech giants are both investing heavily in AI, with Amazon projected to spend $105 billion in 2025—mostly on AI infrastructure for AWS—and Microsoft expected to invest $80 billion in AI data centers.
While aiming for innovation, both companies have faced criticism from employees, especially amid relocation mandates at Amazon. Across the industry, AI is driving sweeping changes—over 20,000 tech jobs have been cut in 2025 so far, according to Challenger, Gray & Christmas.
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.