Coinbry

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  • BTC Dominance: 50.27%
Saylor asserts, "You can never have too much Bitcoin," despite cooling off of BTC price.

Saylor asserts, “You can never have too much Bitcoin,” despite cooling off of BTC price.

Bitcoin price experienced a correction after a 30% monthly gain, but MicroStrategy CEO Michael Saylor remains bullish on BTC. Despite the recent price action, analysts expect another “gamma squeeze” if BTC breaks through the $36,300 level. Saylor believes that the upcoming Bitcoin halving will reduce selling and increase demand, making the next 12 months favorable for Bitcoin. He also stated that the industry needs to move towards “adult supervision” to attract institutional investors. Saylor sees the current price as an ideal entry point for long-term investors. However, it is important to note that this article does not provide investment advice and readers should conduct their own research.

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