BTC Market Rotation Preventing $150K Price Target, Says Saylor


Strategy founder Michael Saylor believes $BTC hasn't reached $150,000 because holders without long-term commitment are exiting while new investors enter the market.


"Lots of non-economically interested parties are rotating out of the asset," Saylor explained on the Coin Stories podcast on May 9.


He noted that Bitcoin held by governments, lawyers, and bankruptcy trustees without a "10-year investors mindset" is being sold as prices rise.

Meanwhile, spot Bitcoin #ETFs posted $564.7 million in inflows over five trading days, indicating strong institutional interest.


Saylor expressed surprise at the U.S. government's rapid shift to a positive #Bitcoin stance, saying: "I didn't expect all the Cabinet members to be so enthusiastic."

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May 11, 2025 at 11:54 PM
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