Michael Saylor’s Tweet Fuels Optimism for Bitcoin Price Growth  

Michael Saylor’s tweet fuels optimism for Bitcoin price growth. Michael Saylor, Executive Chairman of MicroStrategy, has stirred excitement in the crypto world with his tweet. He wrote, “Things will be different on Inauguration Day,” sharing an image from SaylorTracker, which tracks MicroStrategy’s Bitcoin holdings. This statement comes just as President-elect Donald Trump is set to take office. Trump has recently shown support for cryptocurrency, attending the “Crypto Ball” on January 17.

At the event, he mingled with major players in the crypto industry, including MARA Holdings CEO Fred Thiel and Vice President of Investor Relations Robert Samuels. Given Saylor’s track record of leading MicroStrategy’s large BTC investments, many believe another major purchase could be imminent. Such a move would likely boost investor confidence in Bitcoin. As prominent figures back the digital currency, Bitcoin could gain renewed attention and upward price momentum, further solidifying its appeal as a long-term asset.

Resistance Levels: $100000, $115000, $125000

Support Levels: $85010, $66780, $53500

BTCUSD has shown a bullish breakout after reclaiming the $100,000 level and forming a BOS (Break of Structure). The MACD (Moving Average Convergence Divergence) indicator confirms bullish momentum with increasing histograms and a golden cross.

The price may retest the $100,000 level or the nearby order block (OB) before a potential rally towards $115,000 or $125,000. The overall structure remains bullish as higher highs and higher lows are intact.

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