🚨🐳 DID SAYLOR JUST CHECKMATE THE MARKET? ♟️🔥💰
👀 Heads up, folks, because there's a theory making the rounds in
#crypto follow me
A lot of people are saying:
👉
#Saylor sold 32
#BTC near 77k
👉 BTC dropped almost 20%
👉 Then
#strategy bought 1.550
$BTC for $101 million
👉 Plus, they increased their cash reserve from $100 million to $1 billion
😳 Sounds like a master move...
But to be 100% honest, the sale of 32 BTC is insignificant compared to the over 845,000 BTC that Strategy holds.
🐳 32 BTC can't cause a 20% drop in Bitcoin by itself.
Neither
#blackRock , nor Saylor, nor any single entity caused that whole plunge alone.
What really happened was a combination of:
🩸 Massive liquidations
🩸 Excessive leverage
🩸 Market panic
🩸 Spot sales
🩸 Fear surrounding Strategy
Now, here's the thing...
🔥 What does seem real is that Strategy took advantage of the fear.
While the crowd was shouting:
😭 "Bitcoin is done"
😭 "We're heading to 40k"
😭 "Bear market"
Saylor showed up buying another 1.550 BTC
Very similar to what he’s been doing for years 😅
Regarding the candlestick that shot up to 64,100, it's unlikely that this individual purchase was the direct cause.
📊 A purchase of 1.550 BTC is about $100 million.
BTC moves tens of billions daily.
Most likely, that spike was related to:
🔥 Short liquidations
🔥 Spot buying
🔥 Technical reaction after sweeping liquidity
🔥 Market makers closing short positions
🐳 But there's something that catches my attention...
Strategy now has around $1 billion in cash reserves.
And that means if BTC keeps dropping, they have a lot of ammo to keep buying 💣💰
👀 Do you think that $1 billion reserve is to defend buys around 60k or are they waiting for a much bigger drop towards 50k? 🚀🔥🐳💰