Michael Saylor: A 45% drop in Bitcoin is like Apple's "low point," a necessary step for successful investing

ZkProver · 2026-02-24T13:32:31+00:00

Michael Saylor compared the current approximately 45% drop in Bitcoin to Apple's lows in 2013, believing that technological investments need to go through adjustments. He pointed out that Bitcoin has been in a correction for 137 days and may take years to recover, while also stating that the migration of the derivatives market is reducing volatility. He dismissed concerns about the threat of quantum computing and related controversies.

ZkProver

2026-02-24 13:32:31

Abstract generation in progress

ChainCatcher reports that, according to CoinDesk, Strategy company’s founder Michael Saylor compared Bitcoin’s approximately 45% decline from its peak to Apple’s “low period” in 2013, emphasizing that every successful technological investment must go through similar adjustments.

He pointed out that the current Bitcoin correction has lasted 137 days, but it may take years to fully recover, just as Apple took seven years to regain market confidence. Saylor believes that structural changes, such as the migration of derivatives markets to U.S. regulatory markets, are compressing volatility, limiting what could have been an 80% drop to a 40%-50% range. He also dismissed threats from quantum computing and Epstein-related controversies, stating these are just evolving panic narratives that do not pose a substantial threat to the Bitcoin network.

BTC2,19%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.