According to ChainCatcher, Strategy Executive Chairman Michael Saylor stated on the Coin Stories podcast on YouTube that lower Bitcoin volatility benefits "large institutions" but disappoints those who rely on price fluctuations for excitement. "You want lower volatility so that large institutional investors can feel comfortable entering the space and making large investments. The problem is, if volatility decreases and large institutional investors enter, the market becomes boring for a while, and because the market becomes boring for a while, people's adrenaline rush also decreases, and they start to become a little bearish."
Michael Saylor said this is Bitcoin’s “growth phase” and a natural part of its life cycle, and that volatility “gradually subsiding” is a good sign.
