Michael Saylor Stressed Bitcoin (BTC) Dominance Over Every Other Asset Class In Terms Of Price Growth
- 王林Original
- 2024-06-23 22:40:50782browse
Michael Saylor is the former CEO & chairman at the American publicly trading business intelligence firm Microstrategy.
Michael Saylor, the former CEO and chairman of MicroStrategy, has highlighted Bitcoin’s remarkable price growth dominance over other asset classes.
Taking to Twitter on Sunday, Saylor shared a table showcasing the average annual returns of various assets from 2011 to 2024. Among the listed assets, Bitcoin (BTC) stood out with an average 148.5% return.
“Nothing beats #Bitcoin,” Saylor captioned the post.
The table also includes traditional assets like the S&P 500, gold, and the US dollar index (DXY), all of which posted positive but significantly lower returns compared to Bitcoin.
notable mentions:
As highlighted by the data, Bitcoin’s price reached a new peak of $73,737 in March 2024 following the launch of Bitcoin spot ETF products in the United States.
Due to the large volume of資金流入Triggered by the BTC ETF, Bitcoin’s price briefly surpassed its previous high set before the last halving, making this bull run unique.
At the time of writing, Bitcoin’s price is down -12.73% from its peak, and there are no clear positive triggers for it to rise back soon.
Bitcoin is currently trading at $64,417, down 4.2% over the last 30 days. Notably, Bitcoin’s price has been hovering around the $65k level for the last 90 days.
Commenting on the current scenario, popular crypto analyst TitanOfCrypto shared his observation, noting that Bitcoin is still following the Bitcoin bull pattern.
“#Bitcoin Bullish Continuation Pattern.
#BTC is forming an ascending triangle on the daily timeframe.”
News source：https://www.kdj.com/cryptocurrencies-news/articles/michael-saylor-stressed-bitcoin-btc-dominance-asset-class-terms-price-growth.html
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