Bitcoin Price Stagnation: Short-Term Sellers Cited as Culprit

Michael Saylor, founder of MicroStrategy, has attributed Bitcoin’s current price stagnation to the actions of short-term sellers. He believes these traders are capitalizing on market rallies for quick liquidity gains rather than committing to long-term Bitcoin investments. Saylor argues that non-economically focused entities like bankruptcy trustees and governments are exacerbating this situation by selling during price surges, creating a temporary barrier to growth.