Exaggeration is probably to manipulate the market down, these villains!


Michael Saylor: Bitcoin may have already bottomed out, quantum risk is exaggerated
On April 9, according to CoinDesk, Strategy founder Michael Saylor stated that Bitcoin likely hit bottom near $60k in early February, when traders forced to sell had been wiped out of the market. The bottom is more determined by seller exhaustion rather than valuation. He believes current selling pressure is limited, ETF capital inflows are absorbing daily supply, and corporate asset allocations to Bitcoin also bring sustained demand.
Michael Saylor predicts that the next bull market catalyst will be the formation of bank credit and digital credit systems built on Bitcoin, transforming Bitcoin from a non-yielding asset into a driver of the capital markets. Regarding the recent hot topic of quantum computing threats, he believes the risk is exaggerated, and quantum threats remain at the theoretical level and are likely to emerge only decades later. There will also be solutions by then. Mizuho maintains its outperform rating on Strategy and a target price of $320, which is about 150% higher than the current stock price of $127. $BTC
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