That is why I never blindly trust statements like, "I will never sell my Bitcoin."
Circumstances change. Markets change. Every large holder has a price, and every position can eventually be reduced or sold.
When everyone was calling for new all-time highs above $100K, I warned that Bitcoin could move significantly lower. Now, while many are expecting new all-time highs in stocks, I believe a major stock market correction could be closer than most people think.
One of the biggest factors I continue to watch is Michael Saylor and Strategy.
Reports of relatively small Bitcoin sales have previously triggered strong market reactions, while Strategy still holds approximately 840k BTC. Imagine the impact if the company were ever to begin reducing a meaningful portion of that position.
Such a move could create enormous selling pressure and rapidly shift market psychology.
My primary target remains below $50K, with the $40K region as the main area I'm watching. If panic selling accelerates, even lower levels cannot be completely ruled out.
The market is built on confidence. When confidence breaks, price can move much further than most participants expect.
