Bitcoin Is Going Up Forever, Saylor Says
2025-07-14 06:00:58
Main Idea
Michael Saylor, CEO of MicroStrategy, asserts that Bitcoin's value will continue to rise indefinitely, highlighting its strong performance compared to gold and significant market activity.
Key Points
1. Bitcoin has surpassed the $123,000 level with a 31% year-to-date gain, outperforming gold's 29% increase in 2025.
2. Michael Saylor views Bitcoin as a perpetual buying opportunity, with MicroStrategy's holdings valued at approximately $73.06 billion.
3. Short liquidations in Bitcoin have reached around $600 million in 24 hours, affecting over 120,000 traders.
4. Bitcoin's price surge includes a 1,724% increase in abnormal liquidation imbalance, indicating high market volatility.
Description
Saylor has encouraged those traders who "hate money" to short Bitcoin amid a relentless rally
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