$Bitcoin (BTC.CC)$ you can thank Michael Saylor for saving B...

Markets rally as recession fears ease: Take action or stay patient?

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10baggerbamm joined discussion · Aug 8, 2024 06:29

$Bitcoin (BTC.CC)$ you can thank Michael Saylor for saving Bitcoin from another major gap down. the second that that story broke last night about him stepping up buying more and never have sold a single share he is the Roaring Kitty of Bitcoin.

he has 100% conviction and confidence and his betting his entire net worth that he is right.

just look at some facts Warren Buffett holds more us treasuries than the Federal reserve themselves what does that say about the confidence that the Federal reserve has on owning treasuries? and I know they're under winding their position I get that.

we had a shit auction in the treasury market yesterday nobody wants them yield spiked to try to entice buyers laws of supply and demand if you don't know how treasuries work prices on one side yields is on another.

Michael Saylor is not buying treasuries. he's buying Bitcoin for a reason.

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