🩸BITCOIN🩸

Bukele, Saylor and Mow react to the collapse of the markets. What do they see coming for bitcoin?

In the #Bitcoin community, they are taking the crisis in stride and many are calling to buy on the dip.

🔹Michael Saylor shows his unwavering faith in the main digital currency on the market.

🔸Mow believes that concerns are addressed by buying #btc

The markets began to plummet on Friday after a report from the US Bureau of Labor Statistics corroborated fears of an economic slowdown in the United States. Additionally, Japan's Nikkei 225 index today experienced a historic drop of more than 12%, amid global uncertainty that triggered a massive sell-off in stocks.

Michael Saylor, co-founder of #MicroStrategy , says it's time to believe in bitcoin. That's regardless of the fact that the first of the cryptocurrencies has fallen 22% in the last week, since at the time of writing this note, the price of BTC is around $53,000, with a slight recovery of 6.40% in the last hour.

“If you're worried about the collapse of the financial system, you want bitcoin. If you're worried about war, you want bitcoin. If you're worried about the future in any way, you want bitcoin, and if you don't want it, then you don't understand it or what's about to happen,” said Mow.

For Mow, the fall in the price of bitcoin is nothing more than a good time to buy more coins and accumulate, something that seems to be supported by the president of El Salvador Nayib Bukele, who reacted with a “BRRRRR”, which is understood as a way of referring to the monetary issuance of central banks, as well as the Federal Reserve (Fed) of the United States.

We will be very attentive these weeks to see if we finally enter a mini bear market or if on the contrary the market of #Criptomonedas rebounds again and we have the recovery of bitcoin and #Ethereum