Bitcoin's $66,000 support line collapses... Michael Seiler says, "You need to learn to think in BTC."

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▲ Source: Michael Sailor


Michael Saylor, a Bitcoin advocate and co-founder of Bitcoin (BTC)-focused giant MicroStrategy, has important advice for those who are still holding on to Bitcoin despite its recent plunge below $67,000. I posted a post on a social media network (formerly Twitter) to spread the word.

Bitcoin evangelist Michael Saylor advised x on the 16th (local time) that "Learn to think in Bitcoin" is very important in the current volatile Bitcoin market situation.

According to UToday, MicroStrategy has developed a long-term Bitcoin strategy since it began buying Bitcoin in August 2020 and continues to accumulate the world's leading digital currency, which is currently backed by Wall Street and spot ETFs.

Last week, the business intelligence company announced the issuance of convertible senior notes maturing in 2032. MicroStrategy plans to add Bitcoin to its balance sheet and cover operating expenses with $700 million in funding.

As of 6:01 p.m. on the 17th (Korean time), the price of BTC, the No. 1 cryptocurrency by market cap based on CoinMarketCap, is recording $65,781, down 1.06% from 24 hours ago.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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