Odaily Planet Daily reports that Michael Saylor, founder of Bitcoin Treasury Company Strategy, recently stated in an interview that almost all successful tech investments must endure a 45% drawdown and “cross the valley of despair.” Bitcoin investors should compare the current market decline to 2013, when Apple’s stock price fell 45% from its peak, and it took seven years to fully recover its valuation. The current Bitcoin pullback has lasted 137 days and could continue for two to three years, or even seven years. “If it’s seven years, congratulations, just like Apple,” he said. However, this cycle’s volatility is relatively mild, related to changes in market structure. Derivatives trading is shifting from offshore platforms to regulated U.S. markets, compressing two-way volatility, which has narrowed the potential 80% decline to a 40%–50% range. (CoinDesk)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Trump's Negotiation Remarks Drive US Stock Rally, Bitcoin Returns to 70K, Oil Price Plunges 15% at Once
After U.S. President Trump announced progress in U.S.-Iran negotiations, global financial markets experienced significant volatility, with U.S. stocks rising over 1%, oil prices dropping 15% at one point before stabilizing, and Bitcoin rebounding to $70,000. Although initial optimism was impacted by reports of attacks on Iranian energy facilities, the overall trend still shows market responses to risk assets. Cryptocurrency ETF fund flows indicate strong inflows into Bitcoin, while Ethereum experienced outflows.
ChainNewsAbmedia38m ago
The RWA Yield Infrastructure Trade
The essay highlights challenges in direct RWA token exposure, emphasizes the potential in leverage opportunities amid settlement delays, critiques Morpho's governance token structure, and presents Fluid as a more effective token model with stablecoin links.
CoinDesk38m ago
Trump's Easing Signals Trigger $2 Trillion Market Revaluation, Bitcoin Surges in Sync
US President Trump announced online progress in US-Iran talks and postponed strikes against Iran. Following the announcement, the S&P 500 index surged, crude oil fell sharply, and Bitcoin rose in tandem. Market reaction demonstrated high correlation across asset classes. A $1.5 billion futures order drew attention, but there is no evidence of insider trading involvement. This incident revealed the rapid repricing of global markets in response to geopolitical news.
MarketWhisper1h ago
Pi Network Weekly Drop 6%, Bullish RSI Meets Billion-Token Unlock Pressure
Pi Network has recently faced price declines, but technical indicators such as RSI approaching oversold levels and community sentiment remaining positive. Despite bullish signals, increased exchange reserves and upcoming token unlocks present bearish risks, with potential selling pressure likely to suppress prices. Market conditions require close monitoring.
MarketWhisper2h ago
U.S.-Iran War Pause News Caught in Conflicting Reports! Bitcoin Surges Back to $70K, But Analysts Warn of Bull Trap
The United States announced a pause on military strikes against Iran, causing Bitcoin to briefly break through $70,000. Analysts warn that this rally could be a bull trap, predicting Bitcoin may retest $46,000. Market sentiment remains subdued due to geopolitical risks and persistent inflation. Trump faces challenges from Iran and dollar-denominated oil prices amid internal pressure.
CryptoCity2h ago