Dec 19, · MicroStrategy CEO and Bitcoin bull Michael Saylor says buying Bitcoin could save Tesla and other Fortune companies billions of dollars. Saylor’s business intelligence firm, MicroStrategy, aims to own over $1 billion worth of Bitcoin and he suggests that other companies with billions in cash reserves follow their lead. In an interview with HyperChange, Saylor warns that . The page provides the exchange rate of Euro (EUR) to Bitcoin (BTC), sale and conversion rate. Moreover, we added the list of the most popular conversions for visualization and the history table with exchange rate diagram for Euro (EUR) to Bitcoin (BTC) from Saturday, 02/01/ till . EUR = BTC at the rate on € 1 = BTC + (+%) at the rate on The page provides data about today's value of five hundred euros in Bitcoins.
Michael 500 euro bitcoinBTC EUR – Bitcoin Euro Price Chart — TradingView
Fast forward to , and Saylor found himself reading up on bitcoin. He learned as much about crypto as fast as he could. Saylor said the firm soon realized it had far more cash on hand than it needed to operate in a newly streamlined virtual-first world. There was a lot of ground to cover, Saylor said.
It was a declaration so clouded in corporate vagueness that nobody really noticed the news. A week passed before Castle Island Ventures partner Matt Walsh resurfaced the earnings call transcript in a tweet. Gone was the month timeline and the promise to diversify across gold and other alternative assets.
All bitcoin, all the time. Other publicly traded tech firms — think Apple and Google — park billions of excess capital in cash and leave it there for years. MicroStrategy has settled on bitcoin as the treasury alternative. Bitcoin's current correlation. While gold has a stable VERY high correlation to currency, with very little price speculation.
No where near a bubble, as the speculation should decrease the correlation. Gold is money. Rising wedge shall go down. First can stop at the trendline. Second can stop at the trendline. Third can stop at the supportline. Click on my chart below. Don't forget to push the like bottum.
If this is similar rally like with parabolic grow, then it will end with similar parabolic crush with 18 Month Bear Market with prices as low as 10 and Hello Wonderful and beautiful person! Happy new year and will be indeed an interesting year for crypto, not just price, but: What are the response of different nations on BTC when their own currency is under threat. What will the nations do: protect their own currency control and stifle their own technology and financial progress?
As earlier the Bear market correcion will start as faster it will end. Parallel channel to ATH is broken. Parallel channel to ATH is close. But it is Then the bull market will start due to bankruptcy waves after the disastrous financial year will be show the hidden side of iceberg of financial crisis.
Similar to March there will be a one week window to sell before the parabolic crush will start, that will be worse than in March. In March it was just a psychological crush - fear from uncertainties Now there the real effects of lockdowns with millions of bankruptcies worlfwde will be visible. As well -no vacin till end of the year -new lock downs -oil war If we break the resistance line than we can go to We have also supportlines.
Hi, I'm just starting to understand technical analysis so note that I'm just an enthusiast. What do you think about this bearish divergence? I interpret this as an bearish divergence.