Strategy founder Michael Saylor says Bitcoin hasn’t reached $150,000 yet because holders without a long-term outlook have been selling off while a new cohort of investors are beginning to enter the market. “I think we’re going through a rotation right now,” Saylor said on the Coin Stories podcast with Natalie Brunell on May 9. The lack of “10-year investor mindset” led to Bitcoin sell-off Saylor said “lots of non-economically interested parties are rotating out of the asset.” However, at the same time, “a new cohort of investors are entering.” “A lot of Bitcoin, for whatever reason, was left in the