Saylor returns to buy: Are we nearing a price explosion? Michael Saylor, the founder of MicroStrategy and one of the most prominent supporters of Bitcoin, is back in the spotlight after his company announced the purchase of an additional 122 Bitcoins worth over $10.2 million, at an average price of $83,000 each. This move, although it seems small compared to the company's holdings of over 214,000 BTC, carries a strong message: Trust continues... and more is coming. Saylor does not treat Bitcoin merely as a speculative asset, but as "digital gold" and a tool to hedge against inflation and the collapse of fiat currencies. Every purchase he makes is considered a public vote on Bitcoin's future. The hashtag #SaylorBTCPurchase quickly topped social media, amidst significant interaction from investors, as some viewed this signal as a precursor to a new rise, especially with Bitcoin nearing resistance levels at $90,000. While others hesitate to buy at these prices, Saylor accumulates. And the real question is: Are we repeating the 2021 scenario? Or are we facing a completely new phase? In any case, the smart investor knows well: When the big players move... the market listens.
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#ETHBreaks2k (ETH) has broken through the $2,000 level, but not in the way you might expect. Instead of surging past this milestone, ETH has actually fallen to this level, testing its 16-month lows from November 2023
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