Michael Saylor: Bitcoin Digital Capital at Xapo Conference
Michael Saylor details Bitcoin as Digital Capital, $STRC credit layers and $64-65B inflows at Xapo Bank conference while BTC trades at $62641.7.
SourceAnalysis
Michael Saylor joined @kornelijalaura at the @xapobankapp Conference in London on July 1 to outline Bitcoin as the dominant Digital Capital network, the rise of Digital Credit and the route to Bitcoin-backed Digital Money, declaring “Fix the money, fix the world.”
With BTC price at $62641.7, price sits just above the EMA50 support at $62397.89 yet remains below the EMA200 resistance at $64012.78; the neutral RSI(14) at 49.54 paired with a MACD death cross at -3.15 signals momentum has stalled inside the Bollinger Bands, where the upper resistance at $64284.55 caps near-term upside while the lower support at $61658.18 defines the next volatility exhaustion zone, making a measured retracement to the 50-EMA the highest-probability path before any continuation higher. Bitcoin dominance near 69-70% has ended the flippening debate, positioning $STRC bitcoin-backed preferred equity as the institutional gateway that has already pulled $64-65B across equity, derivatives and credit markets.
Michael Saylor
@saylorMicroStrategy's founder and Bitcoin advocate, pioneering institutional crypto adoption while sharing free education through saylor.org.