Bitcoin Winter End Signal: Institutional and National Adoption Becomes Core of Next Phase

BroadChain News, April 24, 19:16, Strategy co-founder Michael Saylor stated that "the winter is over" as Bitcoin's price touched approximately $78,000. Analyst Mati Greenspan believes that the recent "flash crash" is essentially a correction within a bull market, and Bitcoin has bottomed out. The next rally will be driven by "national adoption," including central banks incorporating Bitcoin into reserve assets alongside gold.

Currently, the U.S. government holds about 300,000 BTC and is discussing the establishment of a strategic Bitcoin reserve; El Salvador continues to purchase daily; the UK government and some U.S. state pension funds have also included Bitcoin in their asset allocations.