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Cryptocurrency News Articles
Bitcoin (BTC) Recaptured the $65,000 Level and Briefly Touched $66,000, Reacted Vocal Bitcoin Evangelist and MicroStrategy Behemoth Michael Saylor
Sep 27, 2024 at 11:40 pm
During the past 24 hours, the world's largest cryptocurrency, Bitcoin, printed a rise of roughly 4.4% as it surged from slightly under $63,000 to touch the $66,000 price level.
Pro Bitcoin advocate and cofounder of software giant MicroStrategy has reacted to BTC hitting the $65,000 level and then briefly touching $66,000.
Saylor makes bullish Bitcoin X post
Over the past 24 hours, the world’s top cryptocurrency, Bitcoin, has seen an increase of around 4.4% as it moved from just under $63,000 to touch the $66,000 price point. At the time of writing, BTC has extended the move higher, rising past the $63,300 level with a large green candle on the hourly chart.
To celebrate another price milestone being reached, Saylor tweeted: “#Bitcoin is Storm-Proof.”
#Bitcoin is Storm-Proof. pic.twitter.com/6oIjO8Az67
Earlier today, the MicroStrategy cofounder reacted to a tweet by top investor Raoul Pal, who stated that some of his core crypto plays were solana (SOL) and dogecoin (DOGE) coins, despite Pal also being a well-known Bitcoin advocate.
Michael Saylor commented in the thread that “Bitcoin misses” Raoul Pal. To which, the latter replied that he still believes in Bitcoin and its bright future 1,000%. However, he added that his role now is about “optimal capital allocation,” which involves “aggressive risk taking.”
“I'm not a rich as you…” he continued, suggesting that he is now looking for assets that can yield maximum profits with minimal investment. While Bitcoin is slowly becoming an asset for Wall Street, altcoins, like solana, dogecoin and others, are still accessible for people with less capital than those on Wall Street.
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