Michael Dell’s poll on X has created a buzz within the crypto community; participants were more inclined to choose Bitcoin than AI, love, and relationships.
This poll was interesting for Michael Saylor and made him react with a heart emoji, which eventually turned into his reaction to the tweet of the Dell CEO.
This comment from Saylor is a call to the global community to increase the use and recognition of Bitcoin as the asset that has the potential to revolutionise the world’s financial systems.
July Bull Run Ahead?
Currently, BTC stands at $62,632 with a Bitcoin has fallen by 24% over the last 24 hours; however, historical trends indicate that it could be set for a bullish July, although it has been bouncing between $59,000 and $74,000 since April.
In their view, historical data shows that a negative June has led to a strong July for Bitcoin due to average returns of 7.98% or higher and a median return of 9.60%.
American ETFs were up in the market with around $130 million inflows on the first trading session of July which was the highest since early June after witnessing more than $900 million outflow in the last few weeks.
Thus, the important resistance level for Bitcoin price is $65,795; its breakthrough opens the door towards the next level, $78,700.
According to Ali, Bitcoin remains trading in a parallel channel with a support level at $62,500, and any bounces from this level could target $63,200 or $63,800.
