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JUST IN: Michael Saylor asserted that Bitcoin has likely bottomed out near $60,000 and maintained that the next bull run will depend not only on institutional buying but also on the development of bank lending and digital lending markets built on BTC.
Saylor stated that Bitcoin's bottom was likely formed in early February, when forced sellers exited the market.
The Strategy executive believes the next major rally will come from integrating BTC into lending, banking, and capital markets.