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Bitcoin's bull market driven by bank custody, credit growth, and tokenization, says Michael Saylor.

Market News
17 Oct 2026
Tokenpost
View Source
Bullish
Bitcoin's bull market driven by bank custody, credit growth, and tokenization, says Michael Saylor.

Bitcoin has entered a bull market after rebounding from its 200-week moving average, with key growth drivers including expanding bank custody, credit creation, and securities tokenization, according to Michael Saylor. He highlights that bank adoption of Bitcoin as collateral could significantly boost supply and demand dynamics over the next 12 to 24 months. Despite challenges from restrictive trade policies, geopolitical tensions, and competition for capital from AI investments, Saylor sees Bitcoin's scarcity and growing institutional support as strong positives. Regulatory clarity on stablecoins and tokenized securities in the U.S. also supports a favorable outlook for Bitcoin's price trajectory.

Michael Saylor's view on Bitcoin entering a bull market is provided here with Pluang's market data for context. For readers following cryptocurrency markets, as of Oct 18, 2026 07:21 WIB, out of 50 major cryptocurrencies on Pluang, 6 rose and 43 fell. Notable movers include KSM at Rp76.693 with a 1-day change of -4.21% and a Pluang order activity split of 57% Sell / 43% Buy, NEO at Rp40.288 down 4.16% with 63% Sell / 37% Buy, and ONE at Rp26 down 3.71% with 57% Sell / 43% Buy. The typical hold time on Pluang ranges from 80 to 152 days among these assets.

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