Today – Michael Saylor, co-inventor and current executive chairman of business intelligence company MicroStrategy, uses his account on social media network X (formerly known as Twitter) to send mysterious messages to his millions of followers. Your message has been sent.
“Sons of Bitcoin”
Bitcoin evangelist Thaler shared an image of himself with an AI-generated orange and white Bitcoin symbol over his face. This painting is very similar to René Magritte's famous artwork “Son of Man”.
Similar to that painting, Saylor is wearing a suit, dark coat, and bowler hat, but his face is obscured by a Bitcoin symbol instead of an apple. “We are the sons of #Bitcoin,” Michael Saylor tweeted.
The Bitcoin community responded with a wave of enthusiastic comments supporting Saylor and his bullish stance on BTC.
Over the past 24 hours, Bitcoin, the world's largest cryptocurrency in terms of market capitalization, has recovered about 4.65% and is currently sitting at $98,650 after falling to $94,200 on Tuesday.
Whales rushing to buy Bitcoin
According to Santiment, Bitcoin fell to the $94,200 zone yesterday, but FUD (Fear, Uncertainty, and Doubt) started circulating in the market, and BTC soon fell to $89,000 and then $80,000. Some people predict that it will.
However, on-chain data aggregator Santiment believes that prices often go against crowd expectations. Therefore, “fear is generally necessary for prices to recover.”
Meanwhile, data revealed by cryptocurrency analyst and trader Ali Martinez shows that whales have been actively buying Bitcoin's recent dip. Although the price briefly fell to the $104,000 to $90,000 zone, 342 new wallets holding at least 100 Bitcoins were set up.
This article was originally published on U.Today
