Michael Saylor: entropy is the source of strength of Bitcoin

Michael Saylor, CEO of Strategy, has once again asserted his strong stance on Bitcoin through a bold statement on platform X on Thursday. In this post, Saylor pointed out that "chaos" is the driving force behind the development of Bitcoin.

This statement was made in the context of Bitcoin experiencing a strong upward trend, having recovered to the $80,000 level after trading around $75,000 for a while. Although the price of Bitcoin has slightly decreased below the $80,000 mark, with a drop of 3.74% in the last 24 hours, its value still stands at $79,890 at the time of writing. Despite the price adjustment, investor sentiment towards Bitcoin remains very optimistic.

Bitcoin thrives amid trade crisis

Saylor's recent statement about the strength of Bitcoin comes amidst a global market in turmoil due to trade tensions caused by tariffs. This perspective aligns with predictions that Bitcoin is a safe-haven asset, capable of thriving when the traditional financial system faces difficulties or weaknesses.

Although Bitcoin initially reacted negatively to the trade war, it subsequently made a strong recovery, leading the cryptocurrency market in a significant bull run with an increase of over 8% by the end of April 9.

Saylor's statement that "Bitcoin is driven by Chaos" not only showcases Bitcoin's superior strength and resilience against traditional pressures but also reflects the viewpoint of an increasing number of investors who see Bitcoin as a hedge against the instability of traditional markets.

Although Bitcoin has demonstrated resilience and an upward trend during times of economic instability, the recent price increase further reinforces Saylor's viewpoint. This recovery shows that chaos can indeed be a powerful driving force for Bitcoin's bullish trend.

Despite the instability, reports have noted an increase in the activity of "whales" in the Bitcoin ecosystem, as large investors continue to transfer large amounts of tokens mysteriously.

Disclaimer: This article is for informational purposes only and is not investment advice. Investors should do thorough research before making decisions. We are not responsible for your investment decisions

• The Renminbi hits a 18-year low: A bullish signal for Bitcoin amid the trade war?
• Charles Hoskinson: Bitcoin could reach 250,000 USD as early as this year.

Mr. Teacher

@media only screen and (min-width: 0px) and (min-height: 0px) { div[id^="wrapper-sevio-d89f58f5-7b63-40be-98c0-6b1fd62584fb"] { width:320px; height: 100px; } } @media only screen and (min-width: 728px) and (min-height: 0px) { div[id^="wrapper-sevio-d89f58f5-7b63-40be-98c0-6b1fd62584fb"] { width: 728px; height: 90px; } }