Michael Saylor has stated that Bitcoin most likely reached its price floor near $60,000 in early February, a point at which forced sellers were cleared from the market. He made the remarks at an event hosted by Mizuho, offering his outlook on where the leading cryptocurrency stands today. The exit of those compelled sellers, in his view, marked a turning point for the asset’s price trajectory.
Looking ahead, Saylor identified the emergence of banking infrastructure and digital credit markets built on Bitcoin as the key driver of the next significant price rally. He suggested that the development of these financial systems around BTC could unlock a new wave of demand and adoption. This represents a shift in focus from retail speculation toward more structured, institutional financial products tied to the cryptocurrency.
On the subject of quantum computing and its potential threat to Bitcoin’s cryptographic security, Saylor took a measured stance. He characterized the risk as theoretical in nature and argued that any realistic danger remains likely decades away. His comments suggest he does not view quantum computing as a near-term concern for investors or the broader Bitcoin network.
Originally reported by CoinDesk.
