Looks like whales are gearing up for another dump. Can't say for sure where rock bottom will be, but my bet is that Michael Saylor's next move will trigger a major sell-off of billions in Bitcoin!
Could Michael Saylor's Moves Mark the Bottom of This Bear Market?
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Man, I'm shocked by how many puts are set below $60K. Just goes to show how nervous everyone is since we broke that level. Bears are clearly expecting more drops from here.
shard_2013Full Member
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#3Jun 10, 2024, 04:22 PM
Yeah, strategy talk is important. Let’s hope Free Market Capitalist doesn’t come after us for this convo! Even if Saylor isn't the main reason for a dip, markets can dip anytime.
For sure, we’re already in a bear market. Prices can drop or rise suddenly, and lately it feels like more drops than gains. We gotta stay sharp and watch what's happening.
I can't argue with that. The mood has turned really sour after some of Saylor's recent moves. Remember when he said he used AI for STRC? Weird.
Absolutely. The strategy talks hint at him possibly selling some Bitcoin to keep his cash flow moving for dividends. How long can he ride the MSTR wave before dipping into his BTC stash?
wallet_oracleMember
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#7Jun 15, 2024, 10:42 AM
+1, totally. Some folks still can’t get it through their heads that Saylor could drag this market lower. If it happens, they're gonna be shocked.
As for STRC, I think he's trying to spin it to connection with AI to pump it up. But with STRC sitting at $88 right now, I don’t see that happening.
There’s a definite shift happening with Saylor's statements. I feel he's hiding something, but I doubt he'd offload enough to really cause a big market dip.
AtomicForkFull Member
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#10Jun 15, 2024, 10:50 PM
I’ve seen similar predictions on Spanish forums about Strategy triggering the market bottom. If things go south for them, Bitcoin’s gonna feel it too.
shard_2013Full Member
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#11Jun 16, 2024, 03:01 AM
Still, predicting that $52K bottom is all speculation. Best not to get too worked up over headlines, seriously. The market's unpredictable.
AtomicForkFull Member
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#12Jun 17, 2024, 04:38 AM
Love the perspective in this thread. It dives deeper into Saylor and Strategy than most other talks around here! Time will tell if the OP's right.
I open threads when new companies buy BTC. Saylor’s just too repetitive. I opened this one to discuss how that last Bitcoin sell-off caused panic. Not my fault he keeps buying.
SilentBearFull Member
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#14Jun 17, 2024, 07:32 AM
Fair enough, though the last sell-off was expected. Let’s keep the focus on how Strategy’s troubles could lead to a 2026 market bottom.
Saylor’s kinda got the Satoshi vibe now holding a lot of Bitcoin, creating sell-off fears. But he’s got a different game plan, and the volatility is still nuts.
I think we've yet to see the Bitcoin bottom. That said, I doubt Saylor's the one who’ll push prices lower this round.
HyperBlockMember
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#17Jun 17, 2024, 03:11 PM
But remember how people predicted doomsday with Do Kwon and SBF? A lot of folks thought they wouldn't make major waves. And look where we are.
Instead of connecting STRC with AI, Saylor’s just sparked fear in his investors. Made it hard to regain that $100 peg.
wallet_2018Member
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#19Jun 18, 2024, 05:25 AM
Last year, I said Bitcoin might bottom at above $50K. Just feels like market dips always have a trigger. Not sure if it's always Saylor, though.
Interesting to think about how Saylor plans to fund that 13% yield he promised. Selling Microstrategy stock? Sounds risky.