Analysis: The Bitcoin winter is over, and this cycle is more like a sharp correction within a bull market.

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ME News: April 24 (UTC+8), Strategy Executive Chairman Michael Saylor pointed out that the Bitcoin winter has passed, and Bitcoin prices are now stable above $78,000. Market analyst Mati Greenspan stated that the recent market downturn should not be viewed as a crypto winter, but rather a significant correction within a broader bull market, predicting that Bitcoin has bottomed out and future gains may be driven by institutional and sovereign adoption. According to reports, Strategy recently added 13,927 Bitcoins, bringing its total holdings to 780,897 Bitcoins. Greenspan added that a key future market driver could be sovereign state adoption, suggesting that global central banks may include Bitcoin as a reserve asset. (Source: MLion)
BTC1.06%
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