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Michael Saylor says bitcoin has likely bottomed, quantum risk overblown

CoinDesk
Michael Saylor suggests Bitcoin has hit its bottom and asserts that banking and digital credit will drive the next bull market.

Summary

Michael Saylor, executive chairman of MicroStrategy, believes Bitcoin likely bottomed in February at $60,000, driven by seller exhaustion rather than mere valuation. He argues that the next major bull market will be catalyzed by the integration of banking and digital credit, transforming Bitcoin into a functional capital markets engine. Furthermore, Saylor dismissed concerns regarding quantum computing threats, characterizing them as theoretical risks that are decades away and ultimately solvable.

(Source:CoinDesk)