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Strategy Founder Michael Saylor Explains the Bitcoin Bull Market Has Only Just Begun

Strategy Founder Michael Saylor Explains the Bitcoin Bull Market Has Only Just Begun

Photo: Bitcoin Sistemi

Strategy founder Michael Saylor stated that a new bull run has begun in the Bitcoin (BTC) market, adding that the current bull market is still in its early stages. Saylor expressed his expectation that the Bitcoin price will rise above the $100,000 level again. In an interview with Bloomberg, Saylor noted that Bitcoin had recovered and risen by 25% after falling slightly below its 200-week moving average. He argued that this movement indicated Bitcoin had exited a downtrend and entered a new uptrend phase.

Source: Bitcoin Sistemi

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