The poll, which seemed to be a casual inquiry, caught the eye of Michael Saylor, MicroStrategy cofounder and CEO who reacted to the survey with a heart emoji. Saylor would later post an epic response to the Dell CEO’s tweet.
In a direct reply to Dell’s tweet, Saylor unequivocally stated, “Bitcoin is the most important thing.” This succinct declaration encapsulated his staunch belief in the transformative potential of Bitcoin as a store of value.
Saylor’s statement serves as a rallying cry for greater adoption and recognition of Bitcoin’s role in reshaping global financial systems.
According to Ali a crypto analyst, historically, when Bitcoin has had a negative June, it tends to bounce back strongly in July. BTC has shown an average return of 7.98% and a median return of 9.60% in July.
U.S.-listed ETFs saw about $130 million in inflows on the first day of July, their highest level since early June, following more than $900 million in outflows in previous weeks.
Going by its price action, one of the most important resistance levels for Bitcoin is $65,795. If Bitcoin can break through this level, the next major target is $78,700.
Currently, Ali stated that Bitcoin appears trapped in a parallel channel with a lower barrier at $62,500; if this holds, BTC might bounce to $63,200 or $63,800.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
