Bitcoin yet to hit $150K because outsiders are ghosting — Michael Saylor

Strategy founder Michael Saylor says Bitcoin hasn’t reached $150,000 yet because holders without a long-term outlook have been selling off while a new cohort of investors are beginning to enter the market. “I think we’re going through a rotation right now,” Saylor said on the Coin Stories podcast with Natalie Brunell on May 9. The lack of “10-year investor mindset” led to Bitcoin sell-offSaylor said “lots of non-economically interested parties are rotating out of the asset. ” However, at the same time, “a new cohort of investors are entering source: https://cointelegraph.com/news/strategy-michael-saylor-bitcoin-price-lagging-rotation-new-investors?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound