Michael Saylor Shares Analysis Saying Bitcoin Has Bottomed, Selling Pressure Has Eased
JH Kim
Summary
- Michael Saylor shared a market analysis saying Bitcoin has reached a bottom and selling pressure has eased.
- Alex Thorn said Bitcoin has already formed a bottom and that market selling pressure has declined from earlier levels.
- Saylor reposted the analysis but did not directly present a separate price outlook of his own.
Forecast Trend Report by Period
Strategy Chairman Michael Saylor shared a market analysis that said Bitcoin has bottomed and selling pressure has eased.
On Oct. 26, Saylor reposted Alex Thorn’s outlook for the Bitcoin market on his X account, formerly known as Twitter.
Thorn said Bitcoin had already formed a bottom and that selling pressure in the market had eased from earlier levels.
Saylor shared the analysis through the repost, but did not directly offer a separate price outlook of his own.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.