Bitcoin has dropped below $USDT 75,000, slipping under Strategy’s average purchase price of roughly $76,000 per BTC. With that key level broken, Michael Saylor’s massive Bitcoin position has moved firmly into the red.
Strategy now holds 712,647 BTC accumulated over several years with unwavering conviction. At current prices, those holdings represent more than $USDT 900 million in unrealized losses—and every further dip only deepens that figure.
This is where psychological pressure begins to build.
Saylor’s approach has always been simple: buy, hold, and never sell. But markets don’t operate on belief alone. When Bitcoin trades below the cost basis of the world’s largest corporate holder, it hits sentiment hard—not because selling has started, but because confidence is being tested in real time.
Every dollar below $76,000 adds strain. Traders begin asking difficult questions. How long can price stay below cost? How much pressure can the market absorb? What happens if the decline continues?
These losses remain unrealized. No Bitcoin has been sold. Nothing is locked in. But markets react to stress long before action occurs. Seeing the most vocal Bitcoin bull sitting nearly a billion dollars underwater fuels fear across the entire market.
This isn’t panic because something broke.
It’s panic because conviction is being challenged.
Moments like this don’t destroy narratives.
They expose who can endure them.
#Bitcoin #BTC #CryptoMarket #WhenWillBTCRebound #MarketCorrection
