Michael Saylor: Bitcoin's Stability Seen as Strength Amid Market Consolidation

According to PANews, Strategy Executive Chairman Michael Saylor discussed the recent performance of Bitcoin in a podcast interview, highlighting its stable price movement as a sign of strength rather than weakness. Saylor noted that the market is currently in a consolidation phase, with long-term holders selling portions of their holdings while institutional investors prepare for larger allocations. He emphasized that the decreasing volatility is a positive indicator. Looking ahead, Saylor compared the rise of Bitcoin treasury companies to the early days of the petrochemical industry, which experienced a decade of chaos and transformation, leading to the emergence of various products, business models, and wealth source: https://www.binance.com/en/square/post/29981908443585?utm_source=BinanceNewsRSS