🧠 Michael Saylor stated that the four-year bitcoin cycle $BTC "is dead" and that the price now depends on capital flows.

📊 According to his vision, the role of halving loses significance compared to the influx of institutional capital and the expansion of credit.

⚠️ Furthermore, he warned that the biggest risk for bitcoin is changes in the protocol that could undermine its fundamentals.

And how do you see it? Leave your comment...

#BTC