Michael Saylor Shares Impressive BTC Reply to Dell CEO’s Bitcoin Tweet

Michael Dell, the CEO of Dell Technologies, recently conducted an intriguing poll on X (formerly Twitter) that asked users to choose their top priority among three options: AI, Bitcoin, or love and relationships. This engaging question captured the attention of the crypto community, with many respondents selecting Bitcoin as their top choice.

The poll drew a response from Michael Saylor, the co-founder and CEO of MicroStrategy, who reacted with a heart emoji. Saylor later articulated his views in a compelling reply to Dell’s tweet, asserting, “Bitcoin is the most important thing.” This clear and direct statement reflected his strong belief in Bitcoin’s potential as a transformative store of value.

Saylor’s emphasis on Bitcoin serves as a call to action for increased adoption and acknowledgment of its impact on global financial systems.

### Bullish July?

At the moment, Bitcoin (BTC) was down 0.24% in the last 24 hours, trading at $62,632. Since April, the price of Bitcoin has varied between $59,000 and $74,000, but historical data suggests a potentially bullish July ahead. According to a crypto analyst, past trends indicate that after a negative June, Bitcoin typically experiences a strong rebound in July, with average returns of about 7.98% and a median return of 9.60%.

On the first day of July, U.S.-listed exchange-traded funds (ETFs) saw approximately $130 million in inflows, marking the highest level since early June after a previous outflow of over $900 million in recent weeks.

Currently, one crucial resistance level for Bitcoin sits at $65,795. If Bitcoin can surpass this threshold, the next major target will be $78,700. Presently, the cryptocurrency appears to be confined within a parallel channel, setting a lower boundary at $62,500. If this level holds, there’s potential for Bitcoin to bounce back to around $63,200 or $63,800.