 ​
U.Today – Michael Dell, CEO of Dell Technologies (NYSE:DELL), recently posted a thought-provoking poll on X (formerly Twitter), asking the community to weigh in on what they considered the most important thing between the options: AI, Bitcoin, or love and relationships. This simple yet profound question piqued the interest of the crypto community, with a larger portion of respondents going for Bitcoin.
The poll, which seemed to be a casual inquiry, caught the eye of Michael Saylor, MicroStrategy cofounder and CEO who reacted to the survey with a heart emoji. Saylor would later post an epic response to the Dell CEO’s tweet.
In a direct reply to Dell’s tweet, Saylor unequivocally stated, “Bitcoin is the most important thing.” This succinct declaration encapsulated his staunch belief in the transformative potential of Bitcoin as a store of value.
Saylor’s statement serves as a rallying cry for greater adoption and recognition of Bitcoin’s role in reshaping global financial systems.
At the time of writing, BTC was down 0.24% in the last 24 hours to $62,632. Since April, Bitcoin’s price has fluctuated between $59,000 and $74,000, but historical trends point to a potentially bullish July.
According to Ali a crypto analyst, historically, when Bitcoin has had a negative June, it tends to bounce back strongly in July. BTC has shown an average return of 7.98% and a median return of 9.60% in July.
U.S.-listed ETFs saw about $130 million in inflows on the first day of July, their highest level since early June, following more than $900 million in outflows in previous weeks.
Going by its price action, one of the most important resistance levels for Bitcoin is $65,795. If Bitcoin can break through this level, the next major target is $78,700.
Currently, Ali stated that Bitcoin appears trapped in a parallel channel with a lower barrier at $62,500; if this holds, BTC might bounce to $63,200 or $63,800.
This article was originally published on U.Today
Â
Post Disclaimer
The information provided in our posts or blogs are for educational and informative purposes only. We do not guarantee the accuracy, completeness or suitability of the information. We do not provide financial or investment advice. Readers should always seek professional advice before making any financial or investment decisions based on the information provided in our content. We will not be held responsible for any losses, damages or consequences that may arise from relying on the information provided in our content.