Michael Saylor, a prominent figure in the cryptocurrency space, elaborates on why Bitcoin has yet to hit the $150,000 milestone. According to him, the presence of short-term investors poses a significant barrier to this price point. However, a crucial transition is underway as long-term institutional investors are becoming more interested in Bitcoin.

Additionally, he points out that changing attitudes within the US government could play a pivotal role in this evolution. Saylor's insights highlight the complex factors that drive Bitcoin's market movements and future potential.