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Sven Henrich, CEO of NorthmanTrader, is the latest to become a Bitcoin supporter after speaking with Michael Saylor.
There is still room for humility and humor amid a gloomy January for Bitcoin (BTC). A former outspoken Bitcoin critic has flipped bullish on Bitcoin after conversations with Michael Saylor, CEO of MicroStrategy.
Whatâs more, Sven Henrich, CEO of market analysis firm NorthmanTrader, made light of his change of heart, retweeting a jibe from Twitter account Documenting Bitcoin.
Excellent https://t.co/tAIwLWJfKv
â Sven Henrich (@NorthmanTrader) January 24, 2022
Despite his previous comments that Bitcoin âfixes nothing,â Henrich has been following the crypto markets for three years. He tweeted regularly about Bitcoin price action, offering market analysis as reported by Cointelegraph.Â
However, he had no intentions of buying. In 2022, he is now a âsupporter of Bitcoin.â That means we can expect Heinrich to have an âexposure into Bitcoin this coming year,â write pro-Bitcoin articles such as the detailed and well-researched piece entitled (R)evolution, and even add laser eyes on his Twitter profile picture.
But how did that happen? How do staunch anti-Bitcoin critics cross the void and commit to supporting Satoshi Nakomotoâs innovation?
It appears to have kicked off when one of the biggest Bitcoin bulls, Michael Saylor, gave his two sats during a Twitter conversation between the pair. In July 2021, Saylor extended an olive branch to the CEO, demonstrating to Henrich that he should investigate BTC in more depth.
Shortly after, they hosted a YouTube discussion in which Saylor does his best to orange pill the trader and investment pundit.
Fast-forward seven months and Henrich is writing detailed pieces evaluating the âalternative to an imposed monetary system,â coming to the conclusion that âBitcoin is such an alternative.â
Henrich explained his current allegiance:
âSo to fans of Bitcoin I say this: One of you. To those that are not: Donât hate, appreciate ;-). Thatâs what makes a market.â
The article called â(R)evolution, why I am becoming a supporter of #Bitcoinâ explains the macroeconomic backdrop, musings around regulation and the asset bubble. It is now pinned to the top of Henrichâs Twitter account.Â
Related: JPMorgan CEO says Bitcoin price could rise 10x but still wonât buy it
Saylor and Henrich recorded another in-depth discussion together on Wednesday called âwarming to Bitcoinâ in which Henrich affirmed that he is âlooking to buy.â During the chat, Saylor urged Henrich and viewers to invest more time in studying BTC.
While weâll have to wait for his announcement of his BTC purchase, itâs another win for Saylor. Undeterred by recent price action as he sets out to orange-pill the world, Saylor said, âWe are going to convince everybody.â
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