🧠 In a recent podcast, Bitcoin bull and MicroStrategy Chairman Michael Saylor shed light on why BTC hasn’t yet blasted past the $150,000 mark. According to him, the rally was stalled by “outsiders ghosting” — short-term holders like government agencies, bankruptcy trustees, and legal custodians who sold their BTC as soon as prices surged. These participants weren’t in it for the long haul, and their exit created downward pressure just as momentum was building.
📈 But Saylor is far from bearish. In fact, he believes this sell-off was a healthy market rotation. Now, institutional giants like BlackRock are stepping in with consistent inflows — BlackRock’s IBIT ETF alone has seen 19 consecutive days of fresh capital totaling over $5 billion! These new players are in for the long run, replacing “tourists” with true believers and setting the stage for a stronger, more resilient Bitcoin market.
🏛️ Perhaps the biggest surprise? The U.S. government is warming up to Bitcoin faster than expected. Saylor noted the recent establishment of a Strategic Bitcoin Reserve, stocked with BTC seized from legal actions. This move, combined with growing corporate adoption and ETF inflows, signals that Bitcoin’s next leg up could be bigger — and more sustainable — than ever before. Will $150K be the next stop? Time will t
ell!