Michael Saylor says the bitcoin winter is over. Some experts agree, with caveats.
Summary
Michael Saylor, executive chairman of MicroStrategy, recently declared that the crypto winter is over as Bitcoin prices stabilized above $78,000. While some industry experts agree that Bitcoin has hit its bottom, others, such as Mati Greenspan, argue that the market experienced a standard pullback rather than a true "winter." Analysts suggest the current market environment is shifting toward a cycle defined by institutional purchases and potential future nation-state adoption, noting that entities like the U.S. and El Salvador are already integrating Bitcoin into government reserves.
(Source:CoinDesk)