Saylor: Bitcoin Bull Market Setup on Bloomberg Crypto
Michael Saylor joined Bloomberg Crypto to frame Bitcoin as raw financial energy that Strategy converts into Digital Credit while outlining bull market rotation, AI scarcity and investor time horizons across $STRC, $BTC and $MSTR.
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Michael Saylor joined @TimSteno and @CarolMassar on Bloomberg Crypto to describe Bitcoin as raw financial energy that Strategy converts into Digital Credit, highlighting the rotation of headwinds into tailwinds and the outperformance of structured finance built on scarce assets.
Price sits at $83065.75 inside the Bollinger Bands with the upper resistance at $84246.52 and lower support at $82253.66. The EMA50 at $83455.5 caps upside while the EMA200 at $82319.85 provides the deeper floor; RSI at 48.26 leaves room before overbought conditions while the MACD golden cross at -23.49 signals building momentum. With price testing upper Bollinger resistance while the 50-EMA sits just overhead, a healthy retracement toward that EMA50 support at $83455.5 appears probable before continuation.
Michael Saylor
@saylorMicroStrategy's founder and Bitcoin advocate, pioneering institutional crypto adoption while sharing free education through saylor.org.