Michael Dell, the CEO of Dell Technologies, recently published a thought-provoking poll on X (formerly Twitter).
The survey asked the community to determine the most significant factor among the following options: AI, Bitcoin, or love and relationships. This straightforward yet profound inquiry caught the attention of the crypto community, with a greater number of respondents opting for Bitcoin.
The survey, which appeared to be a casual inquiry, piqued the interest of Michael Saylor, the cofounder and CEO of MicroStrategy. He responded to the survey with a heart emoji. Saylor would subsequently respond to the Dell CEO’s message with an epic post.
Saylor unequivocally declared, “Bitcoin is the most significant thing,” in response to Dell’s remark. This concise statement encapsulated his unwavering conviction in the transformative potential of Bitcoin as a reservoir of value.
Saylor’s statement functions as a call to action for the increased adoption and acknowledgment of Bitcoin’s influence on the transformation of global financial systems.
BTC was down 0.24% in the last 24 hours to $62,632 at the time of writing. Despite the fact that Bitcoin’s price has fluctuated between $59,000 and $74,000 since April, historical trends suggest that July could be a bullish month.
Ali, a crypto analyst, has observed that Bitcoin has historically experienced a significant rebound in July following a negative June. BTC has demonstrated a median return of 9.60% and an average return of 7.98% in July.
On the first day of July, U.S.-listed ETFs experienced inflows of approximately $130 million, their highest level since early June. This follows a period of outflows of over $900 million in recent weeks.
According to its price action, $65,795 is one of the most critical resistance levels for Bitcoin. The subsequent significant objective is $78,700, provided that Bitcoin is able to surpass this threshold.
Currently, Ali said that Bitcoin is ensnared in a parallel channel with a lower barrier at $62,500. If this is the case, BTC could rebound to $63,200 or $63,800.
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