Saylor Calls Bitcoin Bottom at $60k, Says Mizuho — Market Talk
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Strategy head Michael Saylor thinks that the bottom for bitcoin prices is already in, analysts at Mizuho Securities say in a note. The analysts say that Saylor thinks bitcoin already bottomed out when it traded at around $60,000 in early February. "Saylor reiterated his long-held view that crypto bottoms are driven less by valuation frameworks and more by seller exhaustion," the analysts say, with Saylor characterizing remaining selling pressure on bitcoin as limited while demand is "structurally growing." Cryptocurrency is up across the board in a risk-on trading day for investors following an agreement for a two-week ceasefire in the conflict with Iran. Bitcoin is up 2.6% to $71,100, according to data from LSEG.
source: https://www.tradingview.com/news/DJN_DN20260408005809:0/
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