Bitcoin Retests $97,000, Michael Saylor Reacts: ‘Bitcoin Is Forever’
By: bitcoin ethereum news|2025/05/03 01:00:13
0
Share
“Tulip season ends, Bitcoin is forever” Peter Brandt predicts Bitcoin to $125,000 in September Michael Saylor, a renowned Bitcoin advocate and the executive chairman of BTC-focused company Strategy, has taken to his official social media account to make a bullish Bitcoin statement while the world’s flagship cryptocurrency is striving to recapture the $97,000 price mark. This time, in his tweet, Strategy’s boss and cofounder, Saylor, metaphorically likened Bitcoin to other assets on the market, stressing BTC’s dominance and resilience compared to other investment tools. Meanwhile, Bitcoin rose to surpass the $97,200 level today, but a rebound pushed it back below $97,000 after that. On Thursday, it also attempted to regain this important price level. Now, BTC is changing hands at $96,898. You Might Also Like “Tulip season ends, Bitcoin is forever” Traditionally, Saylor has published images of himself, surrounded Bitcoin symbolism, generated by AI. In today’s image, the Bitcoin bull is referring to the Tulip Mania in the Netherlands in the 1630s. Back then, the price of tulips surged as high as 1,000 guilders per bulb before collapsing in 1637. In the picture, Saylor is dressed like a Dutch merchant with a tulip field in the background and is holding a chest of Bitcoin (drawn as physical coins). The caption to the tweet highlights Bitcoin’s excellence over tulips and all other assets out there: “Tulip season ends. Bitcoin is forever.” Peter Brandt predicts Bitcoin to $125,000 in September Earlier this week, old-school commodity trader Peter Brandt published a tweet to share a bullish Bitcoin price prediction. The expert trader believes that, by the end of this year, the world’s leading cryptocurrency may reach $125,000-$150,000. You Might Also Like On the chart published by Brandt, Bitcoin is in the parabolic arc pattern, which often indicates rapid price changes followed by large-scale corrections. Brandt said that BTC needs to regain the broken parabolic slope. In that case, it may skyrocket to the range between $125,000 and $150,000 by August or September. But that surge is to be followed by a 50% correction, he added. The chart he shared shows that this pattern has played out several times in the past – in 2017 and 2021, when Bitcoin reached new historic price peaks but then went down in a massive correction every time. Source: https://u.today/btc-retests-97000-saylor-says-bitcoin-is-forever-while-bubbles-season-ends
You may also like
After 18 years, blockchain has finally started to head towards the main channel
When AI becomes the new center of gravity in the capital market, the response of crypto VCs is not to stick to "Crypto-only," but to repackage crypto as the financial track, ownership layer, and autonomous system infrastructure of the AI era.
Paul Graham: How to Make a Billion Dollars
Silicon Valley guru Paul Graham reveals the underlying logic of billion-dollar wealth: no need to cheat, just create products that users love intensely, allowing exponential growth to create wealth miracles.
If the AI bubble has already burst, who will truly remain?
What remains after the AI bubble bursts? The plummeting cost of computing power is driving AI to accelerate the reshaping of various industries. What will be left after the major reshuffle is an irreversible revolution in real productivity.
Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...
Overview of Important Market Events on June 15
What is the connection between Huang Zheng of Pinduoduo and blockchain?
From Pinduoduo's "reverse insurance" to blockchain's smart contracts, this article explains how Huang Zheng's underlying logic uses "certainty" rules to reshape the flow of wealth for ordinary people.
The other side of Musk's trillion-dollar fortune: 85% cannot be sold
SpaceX's IPO is a math problem, and the answer is not on the pricing day, but in the first quarter after the lock-up period ends.
The U.S. government prohibits foreigners from using Fable 5, Anthropic issues a rebuttal
The sudden removal of the two models has caused widespread shock in the tech industry and the AI community.
Citibank releases "2030 Asset Tokenization Market Outlook": 6 major trends may create a $8.2 trillion market
The tokenization of financial assets is moving from pilot projects to large-scale implementation, but this is a gradual evolution rather than a fierce revolution.
The trillion-dollar valuation test: Are the three major super IPOs a celebration for tech stocks or a nightmare for the crypto market?
Tech giants like SpaceX and OpenAI have sparked a $35 trillion super IPO wave. The "suction effect" is not enough to crash the stock and crypto markets, but the test of high valuations is just beginning.
Morning Report | Digital Asset completes $355 million financing led by a16z Crypto; Meta completes operational separation from Manus
Overview of Important Market Events on June 11
a16z Crypto Partner: Cash flow is the moat
Most companies spend years creating network effects on traditional infrastructure. Crypto founders inherit them as starting conditions.
Cryptocurrency market makers collectively seek change as it becomes increasingly difficult to make money
There is more and more to do.
How TradeXYZ, xStocks, and Alpaca break down the SpaceX IPO into three different strategies
The value of tokenized products ultimately depends on whether the underlying structure is sound, rather than just the price displayed on the interface.
$75 billion in risk asset redistribution: How will SpaceX's IPO affect U.S. stocks and Bitcoin?
The SpaceX IPO is short-term "capital competition" for the cryptocurrency market, while in the medium to long term, it leans towards "narrative endorsement" for Bitcoin.
Why Is BlackRock Investing $5 Billion in the SpaceX IPO?
What is driving the massive demand for the SpaceX IPO, and why did BlackRock place a $5 billion order? Learn how the historic listing could impact SpaceX stock, Bitcoin, SPCX, and crypto markets.
Morning News | CME Group launches Nasdaq Cryptocurrency Index futures; Asset management giant Janus Henderson strategically invests in Ethena
Overview of Important Market Events on June 10
Bitcoin Layer 2 Network Botanix: Why Did We Choose to Dissolve?
The Bitcoin L2 star project Botanix announced a gradual shutdown, with the team admitting to facing severe challenges from the failure of its business model and the prevailing trends. Users are urged to withdraw all assets before July 9, 2026.
Why did Oracle deliver the strongest financial report in history, yet its stock price fell?
Oracle's revenue for fiscal year 2026 set a record, with AI cloud orders soaring to $638 billion, but massive capital expenditures on computing power led to negative free cash flow, causing a 5% drop in after-hours stock prices.
After 18 years, blockchain has finally started to head towards the main channel
When AI becomes the new center of gravity in the capital market, the response of crypto VCs is not to stick to "Crypto-only," but to repackage crypto as the financial track, ownership layer, and autonomous system infrastructure of the AI era.
Paul Graham: How to Make a Billion Dollars
Silicon Valley guru Paul Graham reveals the underlying logic of billion-dollar wealth: no need to cheat, just create products that users love intensely, allowing exponential growth to create wealth miracles.
If the AI bubble has already burst, who will truly remain?
What remains after the AI bubble bursts? The plummeting cost of computing power is driving AI to accelerate the reshaping of various industries. What will be left after the major reshuffle is an irreversible revolution in real productivity.
Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...
Overview of Important Market Events on June 15
What is the connection between Huang Zheng of Pinduoduo and blockchain?
From Pinduoduo's "reverse insurance" to blockchain's smart contracts, this article explains how Huang Zheng's underlying logic uses "certainty" rules to reshape the flow of wealth for ordinary people.
The other side of Musk's trillion-dollar fortune: 85% cannot be sold
SpaceX's IPO is a math problem, and the answer is not on the pricing day, but in the first quarter after the lock-up period ends.
Popular coins
Latest Crypto News
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
