#TradingTools101 #TradingTypes101 Michael Saylor shared on Bloomberg that the period of Bitcoin's severe collapse, also known as the 'crypto winter,' has ended. He believes that Bitcoin is no longer at risk of returning to zero and is on a long-term journey towards a price of 1 million USD each. Saylor points out that support from financial institutions and political figures is increasing, including President Trump, his cabinet, as well as officials like Scott Bessent and Paul Atkins, along with the participation of banks and several countries.

He emphasizes that the new Bitcoin supply from mining activities is now only about 450 BTC per day (equivalent to 50 million USD), and this entire amount is being fully absorbed by companies holding Bitcoin reserves and ETFs like BlackRock. With more and more large businesses showing interest, such as Trump Media recently raising 2.5 billion USD and GameStop raising 500 million USD, Saylor believes that demand will continue to far exceed supply.

Therefore, he believes that the price of Bitcoin will continue to be under upward pressure, and if there is a correction, it will only occur when the price has reached extremely high levels, such as dropping from 1 million USD to 800 thousand USD, rather than from 60 thousand to 15 thousand like in previous cycles.