Michael Dell, CEO of Dell Technologies, recently posted a thought-provoking poll on X (formerly Twitter), asking the community to weigh in on what they considered most important among the options: AI, Bitcoin, or love and relationships. This simple yet profound question piqued the interest of the cryptocurrency community, with a larger proportion of respondents leaning towards Bitcoin.
The poll, which seemed like a casual question, caught the attention of Michael Saylor, co-founder and CEO of MicroStrategy, who reacted to the poll with a heart emoji. Saylor would later post an epic response to the Dell CEO’s tweet.
In a direct response to Dell’s tweet, Saylor He stated unequivocally that “bitcoin is the most important thing.” This succinct statement sums up his firm belief in the transformative potential of bitcoin as a store of value.
Saylor’s statement serves as a rallying cry for greater adoption and recognition of Bitcoin’s role in reshaping global financial systems.
Bullish July?
At the time of writing, BTC was down 0.24% over the past 24 hours to $62,632. Since April, Bitcoin’s price has fluctuated between $59,000 and $74,000, but historical trends point to a potentially bullish July.
According to cryptocurrency analyst Ali, historically, when Bitcoin has had a negative June, it tends to bounce back strongly in July. BTC has shown an average return of 7.98% and a median return of 9.60% in July.
Tomiwabold OlajideU.S.-listed ETFs saw inflows of about $130 million on the first day of July, their highest level since early June, after more than $900 million in outflows in the preceding weeks.
Based on its price action, one of the most important resistance levels for Bitcoin is $65,795. If Bitcoin manages to overcome this level, the next main target is $78,700.
Currently, Ali stated that Bitcoin seems trapped in a parallel channel with a lower barrier at $62,500; if this holds, BTC could bounce to $63,200 or $63,800.
