Bitcoin

Max Keiser Says Saylor’s MicroStrategy Could Trigger Huge Bitcoin Price Gap | US Crypto News

Welcome to the morning briefing of the US Crypto News – your essential overview of the most important developments in the crypto for the coming day.

Take a coffee because this is the kind of moment when subtle movements by major players could wave in something much bigger. With whispers of supply shocks, strategic purchases and sudden liquidity pressures that already circulate, Bitcoin growth can happen more quickly than expected.

Crypto News of the Day: Keizer says Saylor could trigger a Bitcoin supply shock

Michael Saylor’s strategy, now Microstrategy, recently bought 21,000 BTC for $ 2.4 billion. The purchase brought Total Bitcoin Holdings of the strategy to 628,791 BTC, with an unable profit of $ 28.18 billion.

The Bitcoin pioneer, Max Keizer, commented on the purchase, indicating that Saylor’s decision could see other BTC vouchers fight to find bitcoin to buy.

In this context, Beincrypto contacted Max Keizer for information on how Saylor and Strategy, inadvertent supply shocks, works in practice.

According to Keizer, the purchase of $ 2.4 billion is a step, among many to come, which could lead to a huge price difference.

“The recent purchase of Saylor dollars is a step in the right direction. If it can design a purchase of $ 20 billion or more, it will have designed a supply shock and we will see a huge higher price difference,” Keizer in Beincryptto told.

A price difference is a liquidity vacuum that appears after the price moves strongly and quickly when an asset is suddenly exaggerated.

In a recent publication US Crypto News, Max Keizer said that Bitcoin became the Default Credit Swap (CDS) on a collapsed Fiat system.

He said Bitcoin has always been the equivalent of a CDS on the Ponzi program of $ 400 billions of world dollars, imploding as a request for titles such as US Treasury bills are radically shrinking.

In his latest comment, Bitcoin Maxi echoes the same feeling when asked if the markets looked at the defect taking place in real time.

“Bitcoin is a CDS proxy on global fiduciary money since the day-1. This is why the price has increased so much and why it will go to millions by Bitcoin,” he said.

Meanwhile, the price of Bitcoin is stuck between a rock and a hard place, consolidating in a triangle of pennants. The following directional bias depends on how the break occurs.

Graphic of the day

Max Keiser Says Saylor’s MicroStrategy Could Trigger Huge Bitcoin Price Gap | US Crypto News
Bitcoin (BTC) Price performance. Source: tradingView

The BTC / USDT graph for one day shows that the price of Bitcoin is consolidated in a pennant. Although it benefits from strong decreasing support, lowering hands (black volume profiles) seem to be overwhelming bulls (green volume profiles) at current price levels.

If the Bulls have their way, Bitcoin could break above the upper limit of the pennant. A decisive candlestick at nearly $ 120,000 could see BTC recover its summit of all time (ATH) of $ 123,218.

In a very optimistic case, the crypto pioneer could erase this barricade to establish a new peak price.

The RSI position (relative force index) to 62 takes care of these perspectives, showing that the BTC has not been excessive. However, its lower inferior indicates a discolving impulse, threatening the potential for short -term increase in Bitcoin.

Conversely, if the bears have their way, the price of Bitcoin slippery under the lower limit of the pennant could exacerbate the sale pressure.

However, if the price is greater than the lower limit of the difference of fair value (FVG) at $ 112,060, or more closely, the SMA of 50 days (simple mobile average) at $ 111,673, BTC could bounce.

Ideally, the FVG between $ 112,060 and $ 115,221 would be used as a downward traction for the price of the BTC until the imbalance is completed.

However, on July 25, the price fell to test this level, balancing ineffectiveness, effectively eliminating the FVG in the context of the pressure downwards.

Alpha the size of an byte

Here is a summary of more news from crypto in the United States to follow today:

  • How the hyperliquid is quietly beating Robinhood to his own game.
  • Hoskinson de Cardano rents the new Stablecoin, which is presented as “more advanced” than the USDC.
  • The Coindcx employee is linked to $ 44 million in cryptography flight. Everything you need to know.
  • The Ethereum strategic reserve exceeds $ 10 billion, in the midst of an increase in institutional interests.
  • Dry opens the door to more than FNB Crypto – but there is a catch.
  • The US dollar index (DXY) reaches a 2 -month peak because the Fed maintains stable rates.
  • The FOMC report causes Bitcoin dip: do the sales drag prices in the sale drop?
  • Kraken and Robinhood after gains in annual shift despite the T2 recharge time in cryptographic activity.
  • The pump rises to 15% while the buyout portfolio fills with 12,000 soil.

Presentation of the actions of the crypto-actions

Business At the end of July 30 Preview before the market
Strategy (MSTR) $ 395.04 $ 402.60 (+ 1.91%)
Coinbase Global (Coin) $ 377.48 $ 387.98 (+ 2.78%)
Galaxy Digital Holdings (GLXY) $ 28.90 $ 30.11 (+ 4.19%)
Mara Holdings (Mara) $ 16.55 $ 16.76 (+ 1.27%)
Riot platforms (riot) $ 13.52 $ 13.71 (+ 1.41%)
Core Scientific (Corz) $ 13.06 $ 13.50 (+ 3.41%)
Crypto Equities Market Open Race: Google Finance

The post Max Keizer says that Saylor’s microstrate could trigger a huge Bitcoin price difference | Us Crypto News appeared first on Beincrypto.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button