Michael Saylor Strategy Stop Buying?


Author

David shakes his head

Author

David shakes his headIt has been confirmed

Team Part Starting

June 2023

About the Author

David is a financial journalist and contributor to Cryptonews.com with a passion for publishing clear, accurate, and reliable blockchain news.


Facts Checked by

CryptoNews Editorial Team

Author

CryptoNews Editorial TeamIt has been confirmed

Team Part Starting

September 2018

About the Author

The editorial team of CryptoNews is made up of writers with experience in cryptocurrency and blockchain technology. Their technology ensures complete, accurate, and intelligent…

Last updated:

The price of Bitcoin is trading at $ 67,500, up 1.5% in the last 24 hours, a soft jump that, by itself, does not mean a little, especially for those who believe in the prediction of 200K. But combine it with the radio silence from Michael Saylor’s Strategy and suddenly the question writes itself.

Is the most aggressive buyer in crypto history over?

No new buy strategy announcements have come out in the last 48 hours, unusual silence from a market monitoring company that expects BTC to be revealed almost every week. Profitability issues have grown alongside it.

However, with the number of US economic releases coming and reports on ETF movements, the next 72 hours will weigh heavily. Latest BTC price analysis it shows that the market is rounded, not broken.

Note: The best crypto to change your profile

Bitcoin Price Prediction: Can BTC USD Challenge $72,000 This Week?

Bitcoin’s current technical picture is a research based on problems. The price is above $67,000, sandwiched between initial support at $65,000 (the latest low) and immediate resistance at $72,000 as the “now” ceiling.

The annual trend remains at 17% drop, and the 30-day base has held without a major test. March opened at $65,000 level; before the game, which was canceled last week.

The price of BTC shares
BTC USD, TradingView

Three things need to be looked at at the same time:

  • Returning to the volume, the Strategy resumes buying (or another name of the organization enters), and BTC removes $ 72,000 daily, opening the way to the area of ​​$ 75,000.
  • Consolidation continues between $65,000 and $72,000 until early April as markets digest more US; no damage, no explosion, no accumulation.
  • The guaranteed close below $65,000, however, may change, with $63,000 below the best.

Saylor’s silence is worth watching. GameStop’s latest 4,710 BTC Treasury move indicates that the company’s interests have not changed; maybe they just cycle to new buyers. If the ETF’s performance this week confirms the continuation of the institutions, testing resistance at $72,000 seems easier than not.

Note: The best deals before the sale starts

Bitcoin Hyper Speeds Up Early Bitcoin Tests Key Stages

Here’s an unpleasant truth for late-stage BTC buyers: at $67K, the matching side that the adopters captured no longer exists. Bitcoin’s risk reward at current levels requires patience, perhaps years. For traders who want the transparency of the Bitcoin-ecosystem and the possibility of early returns, the calculation looks different.

Bitcoin Hyper ($HYPER) they are making a credible case for attention. It is at the forefront of Bitcoin Layer 2 with the integration of Solana Virtual Machine (SVM), a virtual reality architecture that runs faster than Solana itself and maintains the security of Bitcoin.

Sales have skyrocketed $32 million at the current price of $0.0136with the highest APY has already been for participants.

Search Bitcoin Hyper here.

This article is not financial advice. Crypto currencies carry a high level of risk. Always do your research before investing.






Source link

Leave a Reply

Your email address will not be published. Required fields are marked *