According to BitcoinSistemi, Michael Saylor, co-founder of MicroStrategy, said Bitcoin's recent price decline is 'completely normal' and part of a long-term trend. He noted that Bitcoin has experienced 15 major declines in the past 15 years but has always recovered by reaching new record highs. Saylor also highlighted that Bitcoin's volatility has decreased over time, currently at around 50 vol, and expects it to continue dropping by 5 points every few years. He added that Bitcoin remains a strong store of value and outperforms the S&P 500 in the long term.
Bitcoin Bull Michael Saylor Calls Price Drop 'Completely Normal'
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