Michael Saylor says bitcoin has likely bottomed, quantum risk overblown
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)