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There’s so many major catalysts on the horizon for Bitcoin.
– FASB accounting changes, effective EOY 2024
– Bitcoin halving, April 17, 2024
– Bitcoin ETF final deadlines, Q1 2024
Yet Bitcoin has been trading in a range between 25,000 and 30,000 for months now. Which begs the question, with all these positive catalysts… who on earth is selling? 🤔
In his latest interview, Michael Saylor believes he knows the answer. He argues the majority of sellers at the moment are the Bitcoin miners.
They can’t just HODL their Bitcoin, they’re businesses with bills they need to pay.
They need to sell the bitcoin they mine to pay for electricity, computer costs and operating expenses.
The good news? That selling pressure is going to be cut in half just a few months from now. ✂️ In fact we even know the specific day. April 17 2024.
The Bitcoin halving.
Make sure to stick around to the end of the video where Saylor breaks down his personal Bitcoin strategy for Microstrategy and he lays out his prediction.
About Michael Saylor:
Michael J. Saylor is an American entrepreneur and business executive, who co-founded and leads MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services.
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Twitter: https://twitter.com/JaminTree
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#Ethereum #Bitcoin #MichaelSaylor
“Why You NEED To Own Just 0.1 Bitcoin (BTC)” | Michael Saylor 2024 Prediction
21 Comments
As a newbie about to invest, you must have these three things in mind
1. Have a long term mindset.
2. Be willing to take risk.
3. Be careful on money usage, if you're not spending to earn back, then stop spending.
4. Never claim to know – Ask questions and it's best you work with a financial advisor. I want to thank you Marcia Ann Bice For being my source of crypto education, As I am comfortably making 15.7 BTC.
Bull. So much FUD and hype that doesn't hold water. Past is no guarantee of the future. It may rhyme at times but you must do your research. Knowledge is the best and easiest way to reduce risk. Try a Google search ( Bitcoin Energy Consumption Index) an updated daily study by UCL. It is easier to believe something pleasant but untrue than the reverse. Ask one quitting. Where does BTC get its value? and can that be disputed.
I lost over $70K when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I find one source to recover my money, at least $9k profits weekly. Thanks so much Mrs. Caitlyn potter
Cost is not going to be cut in half. You either burn the same energy for half a coin or you earn a whole coin for twice the energy. Think it over people. Right now the returns are eaten up by 64.55 in energy cost because it takes 632.08 kWh per transaction. That will only increase over time when energy costs go up. When it halves you will earn a half a coin for the same amount and that would mean your energy cost will not justify you returns. Search ( Bitcoin Energy Consumption Index)
Thanks bud for keepin us financially Educated! Regardless of how bad it gets on the economy, I still make over $13,000 every single week…
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs. Catherine Gauthier.
Mr and Mrs Aliwepa help me for €100 per hour! Now my profits are €12000 per month. So happy with those grazy bastards!!!!!
His name is Michael
Are cryptocurrency and business incompatible? I think youre not keeping up with the news. While you thought it was impossible, some enthusiasts from Cannafarm Ltd integrated cryptocurrency into the production of medical cannabis. What do you say now?
I dont get the point of discussing ICOs or cryptocurrency arbitrage when theres an opportunity to invest in the medical cannabus industry with Cannafarm Ltd! It skyrocketed after the pandemic!
Learn from the mistakes of others who have lost money in cryptocurrencies. Invest in a tangible and growing business like Cannafarm Ltd!
In times of uncertainty, investing in stable industries is key. Explore the ever-growing medical cannabis market with Cannafarm Ltd!
Here we go again, market analysis in circles. Finally, Bitcoin moved, but nothing grows like the plants in Cannafarm Ltd, they can bring profit, thats the real deal.
Forget about all the cryptocurrency hype. If you want real profits, consider investing in the booming medical cannabis industry with Cannafarm Ltd!
Ditch the volatile crypto market and focus on real-world investments. Discover the potential of Cannafarm Ltd in the medical cannabis sector!
So many smartasses here, I see everyone knows about crypto, but nobody made money on it like I did – thanks to Cannafarm Ltd.
Not all investment platforms offer the level of security that Cannafarm Ltd does. Experience their rigorous standards and enjoy peace of mind.
More and more companies are integrating cryptocurrency into their operations. Its actually interesting because it opens the door to investments. I would say its the new financial future. I recently started collaborating with Cannafarm Ltd, and it seems
Wait, do you think cryptocurrency will crash? I dont think so. More and more companies are integrating cryptocurrency into their operations: Amazon, Cannafarm Ltd, Burger King, even Starbucks, dude!
0:01 In SHIB we trust! Money is an issue that everyone has for a better and luxurious life,the basics was hard for me until I started trading Shiba Inu and am now earning $20,000 per week.
Right now the DEX has a huge glitch
If you are swapping you are getting like x 7 I done a vldeo