Sven Henrich, CEO of market intelligence firm NorthManTrader, a former Bitcoin critic became bullish about Bitcoin after talking to Michael Saylor, CEO of Microstrategy. Despite his initial statement that Bitcoin “can’t fix anything”, Henrich has been tracking the cryptocurrency market for three years. According to Cointelegraph, he regularly tweeted about Bitcoin price movements while providing market analysis. But he had no intentions of buying. In 2022, he is now a “supporter of Bitcoin.”
In July 2021, Saylor suggested to Henrich that he should investigate BTC in more depth. They also hosted a Youtube discussion in which Saylor does his best to orange pill the trader and investment pundit. Fast Forward seven months, Henrich is writing detailed pieces evaluating the “alternative to an imposed monetary system,” coming to the conclusion that “Bitcoin is such an alternative.”
Henrich explains his current allegiance: “So to fans of Bitcoin I say this: One of you. To those that are not: Don`t hate, appreciate. That’s what makes a market.” The article called “(R)evolution, why I am becoming a supporter of #Bitcoin” explains the macroeconomic backdrop, musings around regulation and the asset bubble.
It’s currently pinned to the top of Henrich’s Twitter account.
