Michael Saylor Declares Early-Stage Bitcoin Bull Run as Price Reclaims 200-Week Moving Average by 25%

MicroStrategy Executive Chairman Michael Saylor has signaled the onset of a new macro expansion cycle for Bitcoin ($BTC), stating that the benchmark digital asset has definitively transitioned into the opening phase of a secular bull market.
Saylor highlighted a critical structural recovery: Bitcoin has completely rebounded from sub-200-week moving average territory and is now trading at roughly a 25% premium above the baseline. The 200-week moving average historically serves as the ultimate multi-year cyclical floor and institutional accumulation boundary across major four-year halving regimes. Reclaiming the indicator with a decisive double-digit margin reflects substantial supply absorption and structural bottoming behavior across spot order books.
The commentary reinforces MicroStrategy’s ongoing balance-sheet accumulation strategy, which views dips beneath long-term moving averages as generational liquidity discounts. With spot market pricing expanding comfortably above multi-year cost-basis models, Saylor framed the current setup as an asymmetric inflection point heading into broader institutional adoption and corporate treasury balance-sheet expansion.