The former Twitter CEO has long been one of Bitcoin’s most vocal supporters, arguing that it could evolve into the internet’s native currency over time.
Some believe growing distrust in fiat systems and rising global debt make that thesis plausible. Others argue the U.S. dollar’s dominance is far too entrenched to be displaced anytime soon.
In past cycles, prices sometimes dropped further before a real recovery began. If this cycle followed a similar path, levels near $35,000 would not be out of the question.
At the same time, many believe this cycle is different because of ETFs, larger institutions, and changing liquidity conditions.
History gives clues. It does not give guarantees.$BTC
#StrategyBTCPurchase At $70,000, only a few believed. At $250,000, everyone wants in.
That’s how markets work.
When prices are low, uncertainty feels loud. Headlines are bearish. Doubt is everywhere. Buying feels uncomfortable. You question the narrative. You question yourself.
But when prices are high, confidence feels contagious. Media turns optimistic. Analysts raise targets. Risk feels smaller, even though it’s objectively larger.
The asset didn’t change. The technology didn’t change. The supply schedule didn’t change.
What changed was perception.
Conviction is built in silence, during drawdowns, when timelines stretch and sentiment fades. By the time the crowd arrives, the asymmetric opportunity is already gone.
The biggest returns rarely reward comfort. They reward patience, clarity, and the ability to act when consensus disagrees.
In crypto, especially with $BTC, the cycle repeats. Price tests belief. Belief determines position. Position determines outcome.
At $70,000, you needed conviction. At $250,000, you need discipline.
Michael Saylor reiterated a bullish view on Bitcoin, saying “spring is coming” even if the market is in a “crypto winter,” and adding that “Bitcoin is winning.”
#StrategyBTCPurchase 📢 Belarus central bank: self-employed may receive payments in crypto via regulated “cryptobank” model
Belarus’ National Bank says self-employed individuals will be able to receive payment in cryptocurrency under a regulated “cryptobank” framework, according to state media.
Full details on how it will work in practice, including compliance and rollout, are still emerging.