Bitcoin: Weak hands still saboty dazzling climb

Bitcoin is still trying to achieve a symbolic goal of $ 150,000, despite the recent reflection of $ 104,000 recorded 8 May. Michael Saylor, founder of the microstratega and the growing defender of bitcoin, clearly identified those who are responsible for this brake: the opportunist investors describing as as as tourist or weak hands, who leave the market with the smallest mark of rapid profit.

A busy course in 2025

The recent Bitcoin journey perfectly illustrates this volatility with deteriorated speculative movements. On January 20, 2025, however, the crypto reached a historic summit of $ 109,000, just hours before the presidential nomination of Donald Trump.

This moment seemed to meant a decisive step towards an even higher peak. However, the dynamics reversed quickly and on April 9, it caused a slow descent to $ 76,273.

Bitcoin renewed the colors until the beginning of May after the new tax designs of President Trump favorable to the market, and exceeded the symbolic bar of $ 100,000 to stabilize around $ 104,000.

In the podcast “Coin Stories” led by Natalie Brunell 9. May Michael Saylor immediately spoke about the reasons for this chaotic dynamics. He claims that current stagnation comes mainly from the rotation of investors:

I think we are currently going through rotation. Many people without real long -term perspectives leave the market to collect their earnings, while the new cohort of stronger investors attracting bitcoin ETFs and money companies begins to enter.

This observation directly points to those that Saylor considers to be responsible as a slowdown: investors without a real obligation, motivated only by searching for quick and easy profit.

Bitcoin: In weak hands and institutional investors

Michael Saylor also emphasizes an unlikely problem: an important part of Bitcoin is today in the hands of actors, such as governments, lawyers or bankruptcy administrators who do not necessarily have a long -term investment horizon.

These institutional holders, without the “state of the investor’s mind after 10 years”, used the recent peaks to liquidate their positions and gain liquidity.

It is exactly this type of massive sales, which according to him slows the natural development of BTC to higher levels.

In addition, Saylor expresses a real surprise in the face of the magnificent conversion of the American administration to Bitcoin.

Decree signed by Donald Trump on 7 March 2025, which created a strategic reserve composed of bitcoins seized in legal proceedings, according to him the main change:

I was surprised that the United States had accepted bitcoins in such a radical way in the last six months. I didn’t expect such enthusiasm in the American cabinet.

This government support is perceived as a strong positive signal for the future of the crypt, despite the current absence of direct bitcoin by the state.

For Michael Saylor Microstratega perfectly embodies this long -term strategy. With $ 555,450 bitcoins in wallets, worth approximately $ 57.23 billion at the current price, the company has an impressive capital profit of 50.27 % compared to an average purchase price of $ 68,569. In the end, Saylor is categorical: Bitcoin rewards those who see far, those who hold well despite turbulence.

Evans S.

Evariste, fascinated by Bitcoin since 2017, has not stopped documenting on this topic. If his first interest focused on trading, he now tries to actively understand all cryptocurrency progress. As an editor, he tries to permanently provide high quality work that reflects the condition of the sector as a whole.

Renunciation

The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.