Bitcoin
‘Bitcoin Prize’ Tweet Issued by Michael Saylor, Here’s His Price Tip
Yuri Molchan
Prominent Bitcoin proponent Saylor has suggested that the next Bitcoin price high will be reached soon
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Michael Saylorfounder and chairman of business intelligence giant MicroStrategy and vocal Bitcoin advocate, took to his account on social media platform X (formerly known as Twitter) to leave another sign of his support for BTC to his followers.
The Bitcoin image he published this time contains what could be a hint about the next Bitcoin rally expected by Saylor soon.
Saylor’s new “Bitcoin premium” message as BTC recaptures $67,200
On Sunday, Michael Saylor posted a tweet with an AI-generated image that shows a portion of a human face with a close-up photo of the right eye. The text of the tweet reads: “Keep your eye on the prize. #Bitcoin”
However, in the image, there are several digits clearly visible: 69, 98 and 89 – these could be indications of how high Bitcoin could soon reach, according to Michael Saylor’s expectations.
At the time of this writing, the world’s leading cryptocurrency by market capitalization value it is changing hands at $67,240. This price level was successfully recaptured by Bitcoin on Friday and since then BTC has been deviating from its slightly downward movement but always recovering it again.
In the last 24 hours, Bitcoin demonstrated an increase of 1.89%, rising from $66,000 to the above-mentioned level.
Saylor and MicroStrategy’s bet on BTC has been huge and considered risky by many, as it only began in August 2020. So far, however, the company has acquired 214,400 BTC in steady purchases. This amount of crypto is valued at over $7.5 billion in fiat currency.
Analyst Expects Bitcoin to Jump to New Gains Later
Popular cryptocurrency trader and App X analyst Ali Martinez published a tweet, saying that Bitcoin could demonstrate “strong potential for further gains” if a certain scenario comes to fruition.
Martinez highlighted that Bitcoin now has a crucial support level of $66,250 – this is where a staggering 530,000 Bitcoins were transacted. If this support holds, Bitcoin could start rising again.
About the author
Yuri Molchan
Yuri is interested in technology and technical innovations. He has been writing about DLT and cryptography since 2017. He believes that blockchain and cryptocurrencies have the potential to transform the world in the future in many of its aspects. He has written for several crypto media outlets. Articles of his have been cited by crypto influencers like Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.