Bitcoin's 'Winter Is Over,' Says Michael Saylor as Institutional and National Adoption Drive Next Rally

Gate News message, April 26 — Michael Saylor, co-founder of MicroStrategy, declared "winter's over" as Bitcoin traded around $78,000. Analyst Mati Greenspan characterized recent price movements as a correction within a broader bull market rather than a new bear phase, noting that Bitcoin's bottom has formed.

Greenspan predicted the next phase of gains will be driven by national-level adoption, including central banks incorporating Bitcoin alongside gold in their reserves. The analyst highlighted that institutional and governmental interest in Bitcoin as a strategic asset has intensified globally.

The U.S. government currently holds approximately 300,000 BTC and has discussed establishing a strategic Bitcoin reserve. El Salvador continues daily purchases, while the U.K. government and several U.S. state pension funds have added Bitcoin to their asset allocations.