Michael Saylor Refutes Speculations on Bitcoin's Creator
- Identity Controversy: Michael Saylor rebuffs the New York Times' claim linking Adam Back to Bitcoin's creator Satoshi Nakamoto, arguing that the stylometric analysis lacks conclusive evidence and emphasizing historical communications that indicate their distinct identities.
- Limitations of Stylometry: Although stylometry was used to explore authorship, researchers acknowledged that the results are merely suggestive rather than definitive, further highlighting skepticism regarding Satoshi's identity.
- Bitcoin Reserves: Under Saylor's leadership, Strategy holds 766,970 Bitcoins valued at over $54 billion, demonstrating trust in a decentralized network and asserting that Satoshi's absence enhances Bitcoin's authenticity.
- Market Reaction: Recent speculative reports about Satoshi's identity have impacted Bitcoin's market value, with Saylor asserting that such narratives have little effect on Bitcoin's intrinsic function and market resilience, emphasizing that the decentralized strength is the focal point for supporters.
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Technical Analysis for SATS
Technical Sentiment Analysis for SATS (Ordinals) (SATS). As of , SATS (Ordinals) (SATS) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 2 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SATS stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, SATS is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
SATS (Ordinals) (SATS) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000000911 | 0.00000000968 | 0.0000000103 | 0.0000000109 | 0.0000000115 | 0.000000012 | 0.0000000126 |
| Fibonacci | 0.00000000968 | 0.0000000101 | 0.0000000104 | 0.0000000109 | 0.0000000113 | 0.0000000116 | 0.000000012 |
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