As a seasoned crypto investor and follower of Bitcoin’s price movements, I’ve seen my fair share of volatility in the market. However, Michael Saylor’s recent tweet about “not missing the Bitcoin flight” struck a chord with me, especially given his reputation as a leading Bitcoin influencer and the current upward trend in BTC‘s price.
As a researcher studying the cryptocurrency market, I’ve noticed an intriguing development: Michael Saylor, a prominent figure in the Bitcoin community and co-founder/executive chairman of MicroStrategy, has taken to his X platform account (commonly known as Twitter in earlier days) to express his reactions to the recent surge in Bitcoin price that began on Sunday. This upward trend temporarily brought the world’s leading cryptocurrency back up to the $63,000 level.
Saylor frequently shares motivational content related to Bitcoin with the Bitcoins community on X, excluding Sundays.
Saylor reacts to Bitcoin price surge
Michael Saylor shared a picture of a sleek black aircraft with a door opened and stairs deployed, inviting passengers to board, although they aren’t visible in the image. The plane boasts an eye-catching design with golden lettering along its side that reads “Bitcoin.”
The post advises against missing the opportunity to invest in Bitcoin, implying that the current prices are still reasonable. #Bitcoin
Don’t miss the flight. #Bitcoin
— Michael Saylor⚡️ (@saylor) July 15, 2024
Over the past day, I’ve observed Bitcoin making a turnaround and climbing back up, gaining around 5% and reaching the $63,000 mark. However, following this rise, there was a slight dip that brought BTC down slightly. At present, it continues its efforts to breach the $63,000 resistance price.
During the past weekend, Bitcoin experienced a gain of 8.58%, raising its price from $57,955. Notably, Samson Mow, CEO of Jan3, expressed his belief in a Twitter post today that Bitcoin will not drop below the $60,000 mark again. According to his earlier tweets this year, he anticipates Bitcoin reaching $1 million by next year. However, if it doesn’t reach that figure next year, he believes it will still accomplish this goal very soon.
“The crypto market about to turn”: Lark Davis
Expert: Lark Davis, a renowned figure in the crypto community, recently took to Twitter to express his belief that the cryptocurrency market is about to reverse its downturn and head northwards. He provided several compelling arguments to support this prediction.
The significant reasons behind this include the conclusion of large-scale Bitcoin sales by the Germans, amounting to 50,000 BTC in total. Furthermore, Davis expressed his belief that the uncertainty surrounding Mt Gox Bitcoin payouts has been put to rest. In addition, spot Bitcoin ETFs have recently seen substantial investments, with over $1 billion pouring in last week alone. Lastly, he hinted that Ethereum-based ETFs could be imminently launched.
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2024-07-15 17:15