Michael Saylor believes that Bitcoin has reached its cyclical lows.


During a private dinner with Mizuho analysts in Miami this week, the CEO of Strategies told the attendees that Bitcoin likely hit its lows near $60,000 in early February 2026, and that the worst selling wave has passed in the market.
With Bitcoin now trading around $72,000, the market has already risen by approximately 15 to 20 percent from the level he indicated.

Why does Saylor think the bottom has been reached?
Saylor's analysis does not rely on chart patterns or valuation models. According to observations by Mizuho analysts Dan Dolev and Alexander Jenkins, who attended the dinner, Saylor interpreted the February low as a result of seller fatigue.
The forced sellers had liquidated their positions, over-indebted crypto miners surrendered their coins, and weak-handed holders handed their assets to stronger holders.
Saylor believes that bottoms form when selling stops, not when the price hits a specific target.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin