Michael Saylor, co-founder of MicroStrategy and a renowned Bitcoin evangelist, caught the attention of the crypto community with his recent tweet about Bitcoin amid a 2.7% decline of the flagship cryptocurrency, falling below the $64,000 price level.
Michael Saylor and Bitcoin Rules
Vocal Bitcoiner Michael Saylor shared a tweet explaining the 'rules of Bitcoin'. According to his message, Bitcoin rules are about having no rulers: '#Bitcoin is Rules Without Rulers,' Saylor tweeted in his typical manner of publishing short aphorism-like statements.
Bitcoin Falls After Rise
In the last 24 hours, the largest cryptocurrency printed a substantial decline of almost 3%, plunging from the $64,500 zone to $62,720 and is currently trading at $62,860. This decline occurred after an 11.14% growth seen last week when BTC surpassed $64,000 for the first time in a while. BTC continued trading in the $64,000 zone from Friday to Monday before the price took a hit, pushed down by bears.
Bitcoin Price Predictions
Renowned investor and author of the book 'Rich Dad Poor Dad', Robert Kiyosaki, predicted earlier this year that Bitcoin could skyrocket to $350,000 by mid-August. Kiyosaki clarified that it was more of his wish and hope rather than a precise prediction. Overall, influencers such as Kiyosaki, Max Keiser (El Salvador Bitcoin advisor) and Samson Mow (CEO of JAN3) expect Bitcoin to surge above the $100,000 level in the near future. Mow believes that BTC could reach an astonishing price level of $1 million.
Michael Saylor continues to support Bitcoin despite its price fluctuations. His statements and predictions by other influential figures continue to impact the crypto community, shaping expectations and the potential for Bitcoin's future price growth.
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