Michael Saylor "Bitcoin builds a strong support... additional buying underway"

Source
Minseung Kang

Summary

  • CEO Michael Saylor said the current Bitcoin price range is a very strong support zone.
  • Saylor said he expects Bitcoin to rebound further in this range.
  • He said Strategy is continuing to buy Bitcoin in significant amounts, and that the purchase details will be disclosed on Monday.
Photo=Michael Saylor X
Photo=Michael Saylor X

Amid continued Bitcoin (BTC) correction, Michael Saylor, CEO of Strategy (formerly MicroStrategy), evaluated the current point as a strong support zone and mentioned the possibility of further gains.

On the 14th (local time), according to the Walter Bloomberg overseas economic news alert channel, Saylor said in a CNBC interview, "We've put in a very strong base around here". He projected, "Bitcoin will rebound again in this range."

Saylor also said, "Strategy is continuing to buy Bitcoin in significant amounts," and "The latest purchase details will be released on Monday."

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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