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COINTURK NEWS > Bitcoin (BTC) > Bitcoin Price Surge Hits Levels Not Seen Since 2021
Bitcoin (BTC)

Bitcoin Price Surge Hits Levels Not Seen Since 2021

In Brief

  • Bitcoin's price reached $64,000 before a sharp drop.

  • Michael Saylor shares his unwavering support for Bitcoin.

  • MicroStrategy continues to invest heavily in Bitcoin.

COINTURK NEWS
COINTURK NEWS 1 year ago
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While the world is once again gripped by Bitcoin and cryptocurrency mania, the price of BTC has reached levels not seen since 2021, driven by historic inflows into ETFs and increasing expectations of a halving event. The BTC price touched $64,000 last night before experiencing a sharp decline, but it has since recovered and returned to the $63,000 level. So, what does Michael Saylor currently think about Bitcoin?

Contents
Saylor’s View on BitcoinMicroStrategy’s Perspective on Bitcoin

Saylor’s View on Bitcoin

Last night, Bitcoin (BTC) saw a price movement up to $64,000, approaching its all-time high (ATH), and notable Bitcoin advocate Michael Saylor commented on BTC’s noteworthy value. Saylor stated that Bitcoin’s current price is nearing the incredible peak seen in November 2021:

You are not selling your Bitcoin.

Saylor’s statement coincided with a peak in BTC purchases by major ETFs, inviting BTC investors to remain strong amidst market fluctuations and emphasizing the long-term value of Bitcoin.

To support his statement, Saylor shared an animated GIF of himself with “laser eyes” once again, saying:

Laser Eyes Until Bitcoin Arrives.

This post highlighted Saylor’s unwavering commitment to the long-term success of Bitcoin.

MicroStrategy’s Perspective on Bitcoin

Since August 2020, MicroStrategy, led by Saylor, has been making headlines in the cryptocurrency world. The company has steadily continued its Bitcoin purchases. Recently, the company made a significant move by acquiring new BTC worth $155 million before the latest price fluctuation.

As the fourth Bitcoin halving, expected to occur in April, draws closer, interest among those in the cryptocurrency sector and its followers is growing. Adam Back, founder of Blockstream and known for his historical connections to Bitcoin’s anonymous creator Satoshi Nakamoto, also contributed to the conversation with a statement:

$100,000 by mid-day. People are starting to believe.

While all these statements are being made, looking at the Bitcoin (BTC) price, the cryptocurrency is trading just below the $63,000 level after a 3% increase in the last 24 hours.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 29 February, 2024 - 7:36 pm 29 February, 2024 - 7:36 pm
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