Michael Saylor called the decline in Bitcoin volatility a natural stage
Strategy Executive Chairman Michael Saylor stated that Bitcoin's declining volatility is a normal development. According to the entrepreneur, predictability is important for large institutional participants, and it paves the way for a massive influx of capital into the market. However, for retail investors, this could mean BTC will become “less exciting.”
Saylor noted that many have become accustomed to perceiving Bitcoin as an asset with sharp price fluctuations and high volatility. Now that the price is stabilizing, the adrenaline levels among participants are also waning. He called this a “conundrum,” in which the growth of institutional interest goes “hand in hand with the loss of the previous emotional engagement of retailers.”
Saylor's comments come amid stagnation in Bitcoin prices after reaching a record high of $124,100 in August. At press time, the price is around $115,900, almost matching the levels of a month ago. Analysts believe the market has already priced in the Fed's recent rate cut and are awaiting signs of further movement.
The crypto community is divided on the price's future. BitMEX co-founder Arthur Hayes expects it to rise to $250,000 by the end of the year, while other experts cite a target of around $150,000. Meanwhile, analyst PlanC doesn't predict a peak this year, and Benjamin Cowen even warns of a possible correction of up to 70% from the new high.
Saylor is confident that the period 2025–2035 will be a “digital gold rush.” He predicts the emergence of numerous business models and financial products around BTC. He says there will be mistakes along the way, but also a huge number of new “fortunes.” According to BitcoinTreasuries.NET, public companies hold approximately $117.91 billion in Bitcoin.
Source: cryptonews.net
