That's right, many people may not remember now, but over a decade ago, Apple was a company on the brink of bankruptcy with no hope.

Michael Saylor: Bitcoin is experiencing a "Valley of Despair" similar to Apple in 2013
February 24 News, according to CoinDesk, Strategy founder Michael Saylor compared Bitcoin's current 45% retracement to Apple's decline in 2013 during a podcast interview. At that time, Apple's stock price fell 45% from its peak, its P/E ratio dropped below 10, and market confidence in its future waned. However, it took seven years, supported by Carl Icahn and Warren Buffett, for its valuation to fully recover. Saylor believes that any successful tech investment must go through a 45% retracement and a "Valley of Despair." Bitcoin's retracement has now lasted 137 days, but it could continue for two, three, or even seven years.
Saylor attributes the weakening of this cycle's volatility to structural changes: derivative activities have shifted from offshore platforms to regulated U.S. markets, suppressing two-way volatility and compressing what could have been an 80% retracement to 40-50%. Traditional banks still refuse to provide meaningful credit against Bitcoin holdings, forcing some investors into shadow banking or re-mortgage structures, which could create artificial selling pressure during market stress. Regarding the threat of quantum computing, Saylor believes this is not a short-term risk; the actual threat is at least ten years away. By then, governments, financial, consumer, and defense systems will transition to post-quantum cryptography, and Bitcoin software will be upgraded through global consensus. $GOOGLon