Michael Saylor, the CEO of MicroStrategy, has responded to a recent tweet by Dell CEO Michael Dell, with an epic statement about Bitcoin’s importance. Dell had posted a poll on X (formerly Twitter), asking which was the most important thing between AI, Bitcoin, or love and relationships. Saylor reacted with a heart emoji and later replied directly to Dell’s tweet, stating, “Bitcoin is the most important thing.” Saylor’s declaration reflects his strong belief in Bitcoin’s transformative potential as a store of value and calls for greater adoption and recognition of its role in reshaping global financial systems.
In terms of Bitcoin’s price, it was down 0.24% in the last 24 hours at $62,632. However, historical trends suggest a potentially bullish July, with Bitcoin having shown an average return of 7.98% and a median return of 9.60% in previous Julys. U.S.-listed ETFs also saw significant inflows on the first day of July, indicating a renewed interest in the cryptocurrency. Technically, Bitcoin faces resistance at $65,795, but if it can break through this level, the next major target is $78,700. Currently, Bitcoin appears to be trapped in a parallel channel with a lower barrier at $62,500.
The interaction between Michael Saylor and Michael Dell highlights the growing recognition and discussion around Bitcoin’s significance in the world of technology and finance.