Bitcoin price has skyrocketed, surpassing the 72,000 mark
This good news excited investors, especially Michael Saylor, Chairman of MicroStrategy. Mr. Saylor, a strong advocate of Bitcoin, has called for “buying” amid rising prices.
After a period of slight decline, #Bitcoin has regained its form and grown steadily. Since April 3, the price has increased from a low of $64,500 to over $72,000 – a sign of market confidence in the cryptocurrency.
According to broker Benchmark, MicroStrategy, which owns a huge amount of Bitcoin, could benefit greatly from the halving. They predict MicroStrategy's stock price will soar and the company will hold even larger amounts of Bitcoin by the end of 2025.
Bitcoin is on a strong growth trajectory, and the upcoming halving event could push the price even higher. Michael Saylor's advice to "buy" is a suggestion worth considering for investors who want to participate in this potential market.
However, please note that the final decision is still yours and I have no intention of 'leading' or 'chasing' anything. I even want to warn you about the big risks when following temporary trends like this. Be a calm and thoughtful investor before making a decision.
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