Michael Saylor Calls Bitcoin as “The Balance of Power” While Market Is Swinging

Billionaire Michael Saylor Explains Why Bitcoin Is a Tool to Help Level the Playing Field of Finance

Cryptocurrency market is still figuring out its next move as earlier volatility comes to light; meanwhile, Michael Saylor, co-founder chairman of MicroStrategy has stated something significant about Bitcoin that has aroused interest in the cryptocurrency community. On his Tweeter account, Saylor declared that: “Bitcoin is the Rest of Power.”

Of course, such an audacious statement makes it clear that, in Saylor’s vision, such cryptocurrencies are set to be the equalizers that will turn the tables in the financial world, decentralizing it.

Thus, with people turning to Bitcoin, the balance of power might be changing in the financial world. There are more businesses approaching Bitcoin as an asset within a diversified investment portfolio which thus supports Bitcoin as a realignment to the current financial system.

Saylor was tweetering this at a time when there is a lot of instability in the market. After a period of fluctuations, the overwhelming amount of cryptocurrencies starts demonstrating tendencies towards stabilization.

Bitcoin being the largest and the first cryptocurrency in terms of market cap, is heading towards a crucial resistance level. As known, the market is expecting its move next. As at the time of writing this paper, Bitcoin has risen by 0. It fluctuated to $57,630 as it rose by 72% in the last 24 hours.

Saylor’s very bullish stance on Bitcoin has brought balance to something as complicated as modern finance does further complicate things as the crypto market sails through these uncharted waters.