Many experts believe that Bitcoin is currently at about the same level as it was 3-4 years ago. Therefore, it is not surprising that it will continue to rise in the near future. And when these predictions are made by people who have made predictions in the past, the situation becomes a bit more heartwarming.
Bitcoin Is In a Rapid Upward Phase
Bitcoin has risen very quickly to $23,000 after falling to $15,000. When this rapid rise raised the question, “Is the bull market coming soon?” one lightning statement after another came from billionaire investor Michael Saylor, who is known for his support of Bitcoin.
Bitcoin’s sale at $23,000 drew attention back to the cryptocurrency market. The Russia-Ukraine war, rising inflation in the U.S., and FTX activity all contributed to a dramatic drop in the value of cryptocurrencies in 2022. While the rise in digital assets resembled a “bull run,” billionaire investor Michael Saylor signaled new buying
What Does Digital Energy Mean?
Michael Saylor, president and co-founder of MicroStrategy, is known for his defense of Bitcoin. A tireless advocate of Bitcoin, Saylor recently stated that “Bitcoin is digital energy.” Initially, this statement was associated with the fact that he was only referring to one process. However, it later became clear that the markets quickly recovered with Binance’s commitment to act under U.S. law in their U.S. cases.
In the medium and long term, it appears that Michael Saylor will continue to collect Bitcoin. However, there needs to be clearer information on this issue. Even during the time of the attacks on Elon Musk and Dogecoin, it was reported that Michael Saylor and his companies bought Dogecoin.
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