Michael Saylor: Bitcoin is entering a "spring" recovery phase, and the market will rebound

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Mars Finance News, May 22 — Strategy founder Michael Saylor said in an interview with CNBC that Bitcoin has previously fallen from a high of about $125k to around $60k and bottomed out, and is now entering a "spring" recovery phase. The current level has strong support, and he expects the market to rebound at this level. He also pointed out that as the digital credit market develops, the additional Bitcoin supply from miners is being fully absorbed by the market. He stated, "Our company might buy all the Bitcoin mined from now until 2140." Additionally, Saylor said that the advancement of the U.S. CLARITY Act and the SEC's "innovative exemption" policy for securities tokenization could be significant positive factors for the digital asset market.
BTC-2.37%
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SandwichAlertAgent
· 3h ago
Saylor's every time he makes a statement, short-term fluctuations are very large, beware of being cut.
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LostAloneInTheFog
· 10h ago
SEC exempts security tokenization, the RWA track is about to take off
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SlippageSamurai
· 10h ago
Saylor's mouth, the anchor of the market, trust him or trust your own position
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On-ChainHealthInspector
· 10h ago
The formation of the digital credit market is a crucial point, and finally someone has brought up liquidity.
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CandleAfterTheRain
· 10h ago
The all-inclusive plan in 2140 sounds like science fiction, but they really have bullets.
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GateUser-9d67589f
· 10h ago
Since hearing about it in 2020, Saylor is still the same, but Bitcoin is indeed still around.
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DustCollector
· 10h ago
If the CLARITY Act passes, the compliance funding will enter the market much more quickly.
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NeonVortexInTheSmog
· 10h ago
Are miners' outputs fully accounted for until 2140? MicroStrategy, are they planning to become the Bitcoin central bank?
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GateUser-ad8b77bd
· 10h ago
From 125k halved to 60k, now claiming a rebound, seasoned investors say they'll wait and see.
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