U.Today - Vocal Bitcoiner and co-founder of MicroStrategy juggernaut Michael Saylor shares a crucial message with his millions of followers on social media. After Bitcoin's recent surge of over 5%, reaching $57,520, Saylor took to X social media platform to share his thoughts.
Epic "Matrix" and "Orange Pill" Message from Saylor
Saylor published an AI-generated image of himself inspired by the movie "The Matrix," with a twist. Instead of the red and blue pills, Saylor's message was to "Take the orange pill," a common reference to Bitcoin's original orange color.
Bitcoin to $13 million in 21 years: Saylor
Saylor made headlines by predicting that Bitcoin could skyrocket to $13 million per coin in 21 years. He believes that Bitcoin, currently holding 0.1% of all global money, could absorb 7% of this money mass, mostly from the market value of gold.
$850 million in Bitcoin offloaded on market
Popular crypto analyst Ali Martinez reports that short-term traders offloaded 14,816 BTC, valued at almost $850 million at the time of selling. This move could impact Bitcoin's price and market dynamics.
Analysis:
Michael Saylor's bullish outlook on Bitcoin's price and his "orange pill" message indicate a strong belief in the digital asset's potential. His predictions, if realized, could have significant implications for Bitcoin investors and the overall cryptocurrency market. The recent offloading of a large amount of Bitcoin by short-term traders also highlights the volatility and risks associated with investing in cryptocurrencies. It is essential for investors to carefully consider their investment decisions and stay informed about market developments to make informed choices.