Michael Saylor Mystifies BTC Community With 'Sons of Bitcoin' Message

investing.com 11/12/2024 - 14:23 PM

U.Today – Michael Saylor

Michael Saylor, co-creator and executive chairman of MicroStrategy, shared a mysterious Bitcoin message on social media.

"Sons of Bitcoin"

Bitcoin evangelist Saylor published an AI-generated image resembling René Magritte's artwork "The Son of Man," with the Bitcoin symbol covering his face. Saylor tweeted, "We are The Sons of #Bitcoin." The Bitcoin community enthusiastically responded, supporting his positive BTC outlook.

In the past 24 hours, Bitcoin has recovered approximately 4.65%, trading at $98,650 after a dip to $94,200 on Tuesday.

Whales Rushing to Buy Bitcoin

Despite fear in the market predicting a drop to $89,000 or $80,000, on-chain data from Santiment suggests that such fear is often necessary for price rebounds. Recently, whales have taken advantage of the price dip; 342 new wallets holding at least 100 Bitcoins were established as prices fell from $104,000 to around $90,000.

This article was originally published on U.Today.




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