- Michael Saylor encouraged Scottie Pippen to invest in Bitcoin.
- Bitcoin rose 4% to $66,993, reflecting strong bullish sentiment despite potential volatility.
Michael Saylor, the co-founder of Microstrategy and a well-known Bitcoin [BTC] advocate, consistently seizes opportunities to discuss the king coin.
Recently, he sparked a conversation on X (formerly Twitter) with former NBA star Scottie Pippen.
Crypto community reacts to Pippen’s tweet
Scottie Pippen’s tweet appeared to be a mix of irony and self-promotion aimed at the rapidly expanding cryptocurrency community.
He made a remark that resonated with many crypto enthusiasts, further fueling the conversation. He said,
“There was Satoshi Nakamoto and then there is Scottie Pippen.”
The tweet received a variety of responses, but one of the most notable came from Michael Saylor. He encouraged Pippen to invest in BTC, invoking the name of Satoshi Nakamoto to emphasize his point.
“Satoshi would tell you to buy #Bitcoin Scottie.”
Trader Bob Lukas, adding to the fray, commented,
“Who is the 18yr degen feeding you this bs?”
This interaction highlights the crypto community’s reverence for the creator of Bitcoin and their strong optimism about the cryptocurrency’s future.
The protective stance towards Satoshi Nakamoto and the bullish sentiment on BTC is evident in the passionate responses from community members.
Impact on Bitcoin
Meanwhile, BTC saw a rise of over 4% in the past 24 hours, reaching a trading price of $66,993 as per CoinMarketCap. The Relative Strength Index (RSI) stood at 61, above the neutral level, indicating a strong bullish sentiment.
Source: TradingView
However, the expanding Bollinger Bands suggested increased volatility, hinting at the possibility that bearish forces might soon dominate.
Despite short-term fluctuations, the crypto community remained focused on Bitcoin’s long-term potential. They seem unfazed by temporary volatility, maintaining a strong belief in the enduring value of BTC.
Commenting on the situation, Borovik noted,
“Bitcoin is so back!!!”
![Bitcoin [BTC], Gold, S&P 500 and a case of the widening correlation](https://www.blocpress.com/wp-content/uploads/2023/03/chart-1905225_1920-1000x600-120x86.jpg)
