Michael Saylor defends bitcoin's plunge by comparing it to Apple's 'valley of despair,' which preceded a huge rebound

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• Bitcoin bull Michael Saylor says the crypto is going to bounce back from its deep slump.
• He compared its current decline to that of Apple stock in 2013, which preceded a huge comeback.
• Saylor sees the history of Big Tech stocks being underestimated as highly bullish for bitcoin.

Bitcoin is still falling, but Strategy founder Michael Saylor thinks a rebound is coming, and the crypto is following the path of a tech industry icon.

Saylor recently compared bitcoin to Apple...