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Michael Saylor: "Bitcoin did not reach $150,000 because short-term investors sold early"
While the cryptocurrency market is experiencing significant movements, Michael Saylor, the founder of MicroStrategy, believes that Bitcoin could have surpassed the $150,000 mark were it not for the selling by investors who lack a long-term vision.
In an interview on the Coin Stories podcast with Natalie Brunell on May 9, Saylor said:
"We are currently witnessing a market rotation, where non-committed long-term investors are exiting, and new players are entering through ETF funds and treasury companies."
In an interview on the Coin Stories podcast with Natalie Brunell on May 9, Saylor said:
"We are currently witnessing a market rotation, where non-committed long-term investors are exiting, and new players are entering through ETF funds and treasury companies."
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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