- “Milder” and “shorter”
- Pro-Bitcoin White House
- Defending the Strategy
Speaking live on Fox Business, MicroStrategy Executive Chairman Michael Saylor confirmed on Tuesday that the digital asset market has entered a “crypto winter.”
This will be the fifth major drawdown for Bitcoin since Saylor entered the space five years ago.
“Milder” and “shorter”
When asked if the market was in the early stages of an extended bear cycle, Saylor was direct.
HOT Stories
Saylor: ‘We Are in Crypto Winter’
Crypto Market Review: XRP at Make-or-Break $1.50, Shiba Inu (SHIB) Enters Oversold Range, Is BTC Triangle Breakout Incoming?
“We are in a crypto winter,” Saylor admitted. “This is the fifth major drawdown of Bitcoin in the five years since I’ve been in the marketplace.”
However, he emphasized that this downturn differs significantly from previous cycles, predicting a rapid recovery due to institutional and political support.
“This is a much milder winter than previous winters. It’ll be shorter than previous winters. It’s going to be followed by a spring and then a glorious summer. So don’t fear,” he said.
Pro-Bitcoin White House
Saylor attributed his confidence to a fundamentally different macro environment compared to four years ago
He cited the embrace of digital assets by the banking sector and the current U.S. administration as key stabilizers.
“We’ve got the support of the administration…We’ve got 12 cabinet members that are pro-digital assets and pro-innovation,” Saylor explained.
Defending the Strategy
Fox Business pressed Saylor on MicroStrategy’s financials, noting that the company’s average Bitcoin acquisition cost of approximately $76,000 is now “materially above current market levels.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Analyst: BTC $63k is the watershed between bulls and bears; multiple support levels form the entry range
Crypto analyst Ali Martinez says that current market volatility could provide cycle-level get on board opportunities, and has set multiple key price ranges based on on-chain data. The main support band is $63,111 to $70,685; if it breaks below, it could lead to a liquidity vacuum. In the long term, BTC is approaching its historical uptrend line, and it’s recommended to accumulate in batches.
GateNews2h ago
The U.S.-Iran negotiations have been inconsistent, and Bitcoin and gold both surged and then fell back.
After the Iran–Israel ceasefire, Bitcoin and gold both rose in sync before pulling back. From the perspective of geopolitical chess, we break down the deeper logic behind the price moves and the outlook that follows.
InstantTrends3h ago
Bitcoin Sits at a Crucial Support Level, Analyst Expects Break Above $79,000 or Below $64,000
Bitcoin sits at a crucial support level, big move could play out soon.
Analyst expects break above $79,000 for bullish reaction.
A bearish reaction and a drop below $64,000 could also play out.
This week was an exciting one for the
CryptoNewsLand4h ago
Solana Recovery Gains Pace While Derivatives Data Shows Split Sentiment
Key Insights
Solana records four consecutive days of gains as funding rates rise, signaling stronger retail interest while overall market conviction remains divided across participants.
Declining futures Open interest alongside rising funding rates highlights reduced trader exposure,
CryptoNewsLand5h ago
ATOM Eyes 15% Gain: Technical Indicators Point to Possible Upswing
ATOM broke a long bearish trend with a 5.25% price increase.
Price must close above $1.77 to confirm a potential 15% rally.
Top holders and rising Open Interest indicate growing bullish sentiment among traders.
Cosmos — ATOM, has started showing signs of breaking free from a long bearish
CryptoNewsLand5h ago
Bitcoin’s implied volatility drops to an intra-year low, and the market is reacting mildly to Friday’s CPI data
April 9, U.S. March CPI data will be released on April 11. The market expects the year-over-year rate to rise from 2.4% to 3.4%. The Bitcoin market has responded calmly, with the options market’s volatility range only at 2.5%. Attention has been drawn by the rise in gasoline prices. Analysts believe that CPI data coming in either too soft or too hot will have different impacts on the crypto market.
GateNews7h ago
