Bitcoin's rise to $60K excites, but Saylor's optimism clashes with ongoing skepticism from experts like Peter Schiff.
“The future of custodial money.”y should not be viewed as a drawback but rather as an inherent feature of digital assets.“Bitcoin’s volatility is a feature, not a bug.”, Saylor disclosed that he personally holds 17,732 BTC and stressed that he hasn’t parted with a single one of these digital assets.
“I continue to acquire more. I think it’s a great capital investment asset for an individual, family, institutional corporation or country. I can’t see a better place to put my money.”Beyond Saylor’s personal BTC holdings, MicroStrategy, the company he leads, has also made a significant mark in the crypto space.an impressive 226,500 BTC, making it the largest public corporate holder of Bitcoin.
With current market conditions, this massive reserve is valued at approximately $12.7 billion, underscoring the company’s deep commitment to the digital asset.Peter Schiff disregards Bitcoin’s worth, a well-known financial expert, remains skeptical about Bitcoin’s value.“I’m open-minded but I’m also smart and honest.”
He emphasized that despite numerous efforts by Bitcoin enthusiasts, he has yet to hear a compelling argument that convinces him to embrace the cryptocurrency.On top of that, with the RSI still below the neutral level, it’s uncertain whether BTC will break past the $60K mark or continue to face resistance before a potential bull run.
However, the widening Bollinger Bands suggest increasing volatility, which could signal a bullish shift in the near future.
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