MicroStrategy’s Michael Saylor: Market Crash Could Mean Something Big For Bitcoin

There’s been a new prediction about the crash of the crypto market that we have all witnessed lately. Check out what Bitcoin maximalist Michael Saylor says about the whole thing.

Accor9idng to the latest reports coming from the online publication the Daily Hodl notes that MicroStrategy CEO Michael Saylor is weighing in on the future of crypto a week after one stablecoin collapsed and sent ripples through the industry.

During an interview with Fox Business host Charles Payne, Saylor says digital assets can be broken down into three distinct categories.

“The crypto crashes illustrated that the entire crypto world consists of three things: one perfect thing, which is Bitcoin, and it is digital property.”

Saylor continued and said the following:

“A few imperfect things, they’re stablecoins. The world wants digital dollars. It’s just hard to find them. They’re looking like opaque money market funds.”

He also explained:

“Then there’s a multitude, a whole host of dangerous things. Altcoins are unregistered securities, and what we saw this week was an altcoin blow-up. The world wants stablecoins they can trust.”

The entire crypto world consists of one perfect thing, a few imperfect things, and a host of dangerous things. My discussion with @cvpayne on #bitcoin, stablecoins, altcoins, and how the crypto crash this week will accelerate education, regulation, and institutional adoption. pic.twitter.com/CqzR5XftWi

— Michael Saylor⚡️ (@saylor) May 13, 2022

It’s been just revealed that the important macro analyst Lyn Alden says that Bitcoin (BTC) is likely approaching a “deep value” range as certain metrics start to signal a bottom is in.

In a new interview with Blockware Intelligence, Alden says Bitcoin’s current price range is presenting opportunities for market participants who have a long-term investment thesis on BTC.

Check out our previous article in order to learn more details about all this.