PANews reported on April 24th, citing CoinDesk, that Strategy co-founder Michael Saylor declared "winter is over" when Bitcoin reached approximately $78,000. Analyst Mati Greenspan pointed out that the previous "flash crash" was largely a correction within a bull market and believes Bitcoin has bottomed out. The next phase of the rally will be driven by "national adoption," including central banks including BTC in their reserves alongside gold. The report mentioned that the US government already holds approximately 300,000 BTC and is discussing establishing a strategic Bitcoin reserve; El Salvador continues daily purchases, and Bitcoin has also been included in the asset allocation of the UK government and some US state pension funds.