Strategy's Michael Saylor posts BTC chart after one-week break
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Michael Saylor, CEO of MicroStrategy, has taken to Twitter to share a chart of Bitcoin's (BTC) price action over the past week.
The chart shows that BTC has been trading in a relatively tight range between $19,000 and $20,000 since last Monday. However, the price has been gradually trending upwards over the past few days, and it is now trading at around $19,500.
Saylor's tweet comes after a one-week break from posting about Bitcoin on Twitter. During this time, the price of BTC has remained relatively stable, suggesting that the market is still in a state of consolidation.
It is unclear what Saylor's intentions are with this tweet. However, it is possible that he is simply trying to gauge the market's sentiment towards Bitcoin. Alternatively, he may be trying to signal that he believes that BTC is undervalued at current prices.
Whatever Saylor's intentions, his tweet has sparked a lot of discussion on social media. Some people believe that BTC is on the verge of a breakout, while others believe that the market is still in a state of consolidation.
Only time will tell what the future holds for BTC. However, Saylor's tweet is a reminder that the market is constantly evolving, and that it is important to stay up-to-date on the latest news and developments.
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