Saylor calls bitcoin winter over — experts see nation-state adoption as the next major catalyst!

Michael Saylor declared &#x27;Winter&#x27;s over&#x27; for bitcoin as the asset traded above $78,000, framing the recent downturn as a turning point. His firm, Strategy, recently added 13,927 <a class="ticker-mention" href="/en-US/token/btc">BTC</a>, bringing its total treasury to 780,897 bitcoin — the largest publicly traded corporate BTC position in existence.

Mati Greenspan of Quantum Economics largely agrees on direction but reframes the narrative: what markets just experienced was &#x27;more of a large pullback within a broader bull market,&#x27; not a true crypto winter. He believes bitcoin has already bottomed. AdLunam co-founder Jason Fernandes offered a caveat — even if bitcoin&#x27;s winter is over, &#x27;it is still very cold for altcoins.&#x27;

Greenspan argues the next leg will be driven not by institutions alone but by nation-state adoption — what he calls the fourth and final major adoption cycle. Central banks adding bitcoin to reserves alongside gold is the…