Bitcoin’s recent price stagnation below the $150,000 mark can be attributed to short-term holders exiting the market, according to Michael Saylor, founder of Strategy.

Speaking on the Coin Stories podcast with Natalie Brunell on May 9, Saylor explained that a market rotation is underway, with non-long-term holders cashing out and a new wave of committed investors entering.

“A lot of Bitcoin, for whatever reason, was left in the hands of governments, lawyers, and bankruptcy

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