Similarly to that painting, Saylor is wearing a suit, dark coat and bowler hat, but instead of an apple, his face is obscured by the Bitcoin sign. “We are The Sons of #Bitcoin,” Michael Saylor tweeted.
The Bitcoin community responded with a wave of enthusiastic comments, supporting Saylor and his bullish BTC stance.
Over the past 24 hours, the world’s largest cryptocurrency in terms of market capitalization, Bitcoin, has managed to recover by roughly 4.65% and is now changing hands at $98,650 after falling to $94,200 on Tuesday.
However, on-chain data aggregator Santiment believes that prices often go contrary to the crowd’s expectations. Therefore, “fear is generally necessary for prices to rebound.”
In the meantime, according to data revealed by cryptocurrency analyst and trader Ali Martinez, whales have been actively buying the recent Bitcoin dip. While the price slumped from $104,000 to the $90,000 zone briefly, 342 new wallets holding at least 100 Bitcoins were set up.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
