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'Bitcoin Prize' Tweet Issued by Michael Saylor, Here's His Price Hint

source-logo  u.today 20 May 2024 12:57, UTC
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Michael Saylor, founder and chairman of the MicroStrategy business intelligence behemoth and a vocal Bitcoin advocate, has taken to his account on the X social media platform (formerly known as Twitter) to leave another sign of his $BTC support to his followers.

The image of Bitcoin he published this time contains what may be a hint at the next Bitcoin high expected by Saylor, soon.

Saylor's new "Bitcoin prize" message as $BTC recaptures $67,200

On Sunday, Michael Saylor published a tweet with an AI-generated image that shows a part of a human face with a close shot on the right eye. The text of the tweet says: “Keep your eye on the prize. #Bitcoin”

However, on the image, there are several digits clearly visible: 69, 98 and 89 – these may be hints at how high Bitcoin may go soon, according to Michael Saylor’s expectations.

Keep your eye on the prize. #Bitcoin pic.twitter.com/kx65znuSmA

— Michael Saylor⚡️ (@saylor) May 19, 2024

At the time of this writing, the world’s leading cryptocurrency by market capitalization value is changing hands at $67,240. This price level was successfully recaptured by Bitcoin on Friday, and since then, $BTC has been digressing from its slightly downward movement, but always regaining it again.

Over the past 24 hours, Bitcoin demonstrated a rise of 1.89%, soaring to the above-mentioned level from $66,000.

The bet by Saylor and MicroStrategy on $BTC has been enormous, and it was considered risky by many, as they only started in August of 2020. By now, however, the company has acquired 214,400 $BTC in stable purchases. This amount of crypto is evaluated at more than $7.5 billion in fiat.

Analyst expects Bitcoin to jump for new gains later

Popular cryptocurrency trader and analyst on the X app Ali Martinez has published a tweet, saying that Bitcoin may demonstrate “strong potential for further gains” if a certain scenario plays out for it.

With over 530,000 $BTC transacted at $66,250, this is a crucial support level! If it holds, #Bitcoin has strong potential for further gains. pic.twitter.com/9e9Y939Hn3

— Ali (@ali_charts) May 20, 2024

Martinez pointed out that Bitcoin now has a crucial support level at $66,250 – this is where a staggering 530,000 Bitcoins were transacted. If this support holds, then Bitcoin may start climbing upward again.

u.today