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$GT
Michael Saylor says the market already has enough data to understand Bitcoin’s trajectory -- just like Amazon and Apple years before consensus formed.
His point is about timing.
In his view, the Buffett- and Icahn-type capital won’t be early. They’ll arrive after the thesis is obvious, capturing solid but not life-changing upside. The asymmetric phase happens before universal agreement.
From a macro lens, the pattern is familiar: volatility first, institutional validation later.
The debate around Bitcoin is slowly shifting from survival... to positioning.
And that transition is where cycles usually evolve.