Founder of MicroStrategy: “Bitcoin Is a Shining City in Cyberspace”

Michael Saylor, the founder and executive chairman of MicroStrategy, stated on Twitter that Bitcoin is a glimmering city in cyberspace.

Saylor, a BTC supporter, has previously expressed optimism about BTC and its capacity to regain its lost value, so this is not the first time.

Notably, Saylor previously asserted that if Bitcoin was on a bull run, nothing on earth could stop it from increasing in value and price.

In addition, Saylor shared a statistics report from Hootsuite, a social media management platform. The report included internet users aged 16 to 64 who used any type of cryptocurrency.

Meanwhile, BTC has shaken off the dust and resumed its bull run following the collapse of the FTX exchange. Bitcoin is currently trading at $17,317.06, up 1.69% in the last 24 hours.

In the last two weeks, BTC displayed a bullish flag (1st Bullish Flag) in the graph during week three of November.

As shown in the chart below, the fourth week of November was also followed by a bullish flag (2nd Bullish Flag).