Max Keiser Calls Bottom as Saylor Signals Bitcoin Strength | US Crypto News
Max Keiser believes Bitcoin's October sell-off is over, citing a stablecoin misprint as the cause, while Michael Saylor signals institutional strength.Summary
Crypto pioneer Max Keiser asserts that Bitcoin's recent October drawdown is finished, attributing the dip to a stablecoin misprint that triggered a selling cascade, which is now being covered by surging buying interest. This aligns with data showing a rebound in BTC volume following the October 10 crash. The sell-off was exacerbated by an MSCI consultation note suggesting companies with over 50% of assets in digital holdings could be excluded from global indices, putting MicroStrategy at risk of forced selling. Michael Saylor publicly clarified that MicroStrategy is an operating company, not a fund, reinforcing confidence by highlighting the growth of its BTC-backed credit instruments, which saw weekly volumes jump over 1,000%. Keiser concluded that demand for BTC is at an all-time high, suggesting a new all-time high in 2025 is possible, viewing the recent panic as a technical event rather than a fundamental breakdown.
(Source：BeInCrypto)