Michael Saylor says $BTC Bitcoin is at the beginning of a bull market.

He’s said BTC likely bottomed in early February near $60K, arguing that bottoms come from seller exhaustion rather than valuation, with ETF inflows soaking up daily supply.

His catalyst for the next bull phase isn’t hype. He points to bank credit and digital credit forming on top of bitcoin, such as Strategy’s STRC preferred shares.

Bitwise’s CIO has made a similar call, expecting a new bull market to take shape this fall.

Bottom confirmed, or too early to call? 👀

$GNS $BAT
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