in

Michael Saylor Intrigues Community With Simpsons Bullish Bitcoin Tweet

His tweet also intrigued the community because it had an image of Homer Simpson, who is “bullish on Bitcoin.”

Michael Saylor issued his tweet while Bitcoin continues trading in the $64,200 zone after dropping there from the $65,800 level in a 3.53% decline.

Prior to that, the world’s flagship digital currency demonstrated an amazing price increase of close to 16% between July 12 and July 17 as it surged from $56,880 to the $65,910 zone.

With slightly more than 460 people who participated in that survey, 260 Redditors do not to plan to sell any of their Bitcoin. Sixty-eight people plan to send 1%-25% to exchanges for selling. Eighty-eight investors will dispose of 100% of their BTC recovered from Mt. Gox.

Bitcoin maximalist and CEO of Jan3 Samson Mow believes that no more than 20% of the $6 billion in Bitcoin sent by Mt. Gox for compensation is going to hit the market. The rest, he believes, will be locked in cold wallets for long-term storage.

This article was originally published on U.Today


Source: Cryptocurrency - investing.com

Legendary Trader Peter Brandt Reveals Real Concern for Bitcoin

Global tech outage hits financial services companies, including Charles Schwab