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‘Thinking Bitcoin’: Michael Saylor Speaks as BTC Maintains $98,000 Price
In a recent conversation, Michael Saylor, the co-founder and CEO of MicroStrategy, shared his thoughts on the current state of the cryptocurrency market. As Bitcoin maintains its strong hold above $98,000, Saylor’s insights provide valuable context for investors.
According to Saylor, the crypto market has hit a turning point, with potential for significant consolidation in the short term. He suggests that if investors push the price beyond $100,000, Bitcoin is likely to retest its all-time high of $108,353. On the other hand, a break and close below $90,000 would pave the way for a drop to the support at $85,000.
Saylor’s remarks are crucial in today’s market, where uncertainty prevails. The recent price surge has sparked speculation about Bitcoin’s potential trajectory going forward. However, Saylor’s expert analysis offers guidance on how investors should approach this critical juncture.
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Source: u.today
