‘Headwinds rotating into tailwinds’ — Why Michael Saylor is positive about Bitcoin’s bull market
Photo: AMBCrypto
Bitcoin is holding onto part of its +40% gains in the summer, and Strategy founder Michael Saylor is confident the bull market run is still on. In an interview with Bloomberg, Saylor noted that prior bearish catalysts might now be turning into tailwinds. We’re at the beginning of the bull market. The headwinds were restrictive trade, foreign, and monetary policies. Now, we’re rotating to some tailwinds. We’ve got a favorable regulatory environment, banking adoption, tokenized securities, and digital credit networks are accelerating. Bitcoin's price surged by 51% from July's lows of $57.8K to over $87K.
Source: AMBCrypto
