Michael Saylor says the bitcoin winter is over. Some experts agree, with caveats.
Market analyst Mati Greenspan said bitcoin has not gone through a “winter,” rather a pullback within a broader bull market, adding the next leg up for bitcoin will be driven by nation-state adoption.
AI Summary
Michael Saylor declared that the bitcoin "winter is over" after the cryptocurrency traded above $78,000, but market analysts are divided on this assessment. Market analyst Mati Greenspan disagreed with the characterization, arguing that bitcoin experienced a pullback within a broader bull market rather than a true winter, and believes nation-state adoption will drive the next price surge. While some experts agree the bottom may be in, others like Jason Fernandes noted that even if bitcoin's winter is over, "it is still very cold for altcoins."