Saylor published a 15-second clip with a bear Ursus Bitcoinius wandering through a sunny forest on social media. Thus, the author of the video wanted to depict traders waiting for a crash in the bitcoin price.
The voiceover says that the crypto market has finally awakened, and the prolonged periods of crypto winter are over. It is better to stay calm and ignore crypto skeptics who sow fear, uncertainty, and doubt (FUD) regarding bitcoin. One should not succumb to bearish sentiments even during periods of high market volatility.
Saylor stated that the long period of bear market in the crypto market is behind us and advised investors not to "feed the Bitcoin bear."
Saylor's call came a few days after a sharp correction in the crypto market, during which the price of Bitcoin plummeted to $102,000. The decline was provoked by tense trade relations between the U.S. and China. However, Bitcoin soon recovered and is now trading at 111,000.
Saylor is considered a staunch supporter of Bitcoin. At the beginning of the week, Strategy acquired 220 BTC for $27.2 million, increasing its assets to 640,250 BTC. Currently, these Bitcoins are valued at approximately $71.40 billion. Recently, Saylor stated that soon the value of Bitcoin will stop fluctuating in fiat currencies due to supply shortages.
