Michael Sailor, CEO and Chairman of Microstrategy (MSTR), has published an encrypted publication on X (Twitter (formerly), which caused a stir in the encrypted currency industry. He said in his latest post: “We are going to Mars.”
Michael Sailor’s mysterious participation on x
this mail On X to more than half a million of its fans, who see it as a sign of the bullish trend of BTC. However, this publication comes before the Senator supporting the encrypted currencies, Senteya Lomes, head of the Senate Business Services Committee on the Senate concerned with digital assets, partially confirms bitcoin reserves.
Political developments and adoption of bitcoin
However, at a later time, he published another post, as a video of Donald Trump, supporting the encrypted currencies, in which Trump stated that the United States will be the global capital of encrypted currencies.
Looking at these recent updates and strong words of industry giants, Bitcoin’s currency appears to be rising soon. However, it appears to be currently struggling.
Silor is not the only one who looks optimistic about bitcoin. Earlier, on January 22, 2024, Larry Fink, CEO of Black Rock Giant Asset Management Company, said in an interview that Bitcoin could reach 500 thousand dollars, 600 thousand dollars, or even 700 thousand dollars in the future. Aside from these individuals from major companies, it seems that countries around the world are currently showing interest in bitcoin reserves.
419 million dollars of bitcoin flows (BTC) abroad
This upward outlook began to attract investors and shareholders in the long run, according to the Coinglass series. The data from the immediate internal and external flow revealed that the exchanges have witnessed a large external flow worth 419.50 million dollars from Bitcoin during the past 48 hours.
Such a large flow of stock exchanges indicates a possible accumulation, which may create purchase pressures and lead to more bullish momentum.
Bitcoin is currently trading near $ 105,260 and has witnessed an upward momentum of more than 1.5 % over the past 24 hours. During the same period, the trading volume increased by 50%, indicating a strong and increasing participation of investors and traders.
