So Microstrategy sold 32 BTC, after Michael Saylor vowed that they'd never sell BTC, and a lot of people are beginning to lose their minds over this, infact people would usually associate that sale with the BTC dump we've had today, but 32 BTC is like dropping a pin in a ocean.
Of course there's also no other hidden sales. Their wallet is transparent and infact a lot of people are currently tracking their wallet with tracker bots and everything is transparent on the blockchain to see.
In reality I think people are also more concerned that he actually (Saylor) sold BTC even when he said he won't, but I just think people are being paranoid.
For example. If someone is throwing their hard earned money into a digital asset, and hoping that they could be part of a futuristic global revolution where they make billions in dollars of profit if BTC can hit 500k for example, does this mean I cannot sell in the short term and actually use the money?
I understand that $2.5 million in BTC is not a lot of money for Microstrategy and perhaps they're going to have to sell more BTC to raise more money, but I don't think this the "panic sell" that people are actually calling it.
I don't think Saylor is panic selling BTC, they're also not selling it to take profit, I also don't think they're selling it because of financial gains because they'd actually be in loss since they've once bought BTC at 100k.
This might just a blockchain experiment, something to show something, maybe selling to do something other than to actually make the money.
For a smart business venture, I don't think they'll be panic selling, and I don't think Microstrategy is in any financial mess at this point, even if they were they'll probably be waiting for 2028 when they know that BTC will be selling above 100 to 150k again to actually make profit.
While the people in charge are humans, I think these guys are far beyond the "panic selling" novices. I also don't think they're selling because they're predicting a dump to maybe the 45k range, Saylor is currently at loss, and I don't think he'll mind being at loss in the short term if it means being in massive gain in 2 to 5 years time.
A lot of people are currently not understanding that to win with BTC, you definitely need to be in, long-term.
BTC is not a life-changing asset if you're not putting in a lot of money or waiting for you investment to mature in 6 to 12 years, and this is probably why we/a lot others are sticking to alts, since that's where the money is, and that's where real things are being built, unfortunately we now have oversaturation and greedy founders.
However, this is a topic for another day. BTC is currently at 69k and I must say, I'm not surprised, but is this the dump to 45k that we've been predicting, probably not, but maybe a dump to 60 to 65k is possible, an even bigger dump to 50k range is possible and I think this is probably where it might bottom and this will probably happen before the end of the year and might possibly extend to early 2027.
However I think this cycle is going to see less of pain if we actually bottom out and some other alts that didn't do well in the last cycle might just do a little bit better this time (this is just me speculating) but I don't think anyone would be worked up with these dumps, anything till 50 to 55k is apparently expected and we just have to just watch and see how it all unfolds.
As for Saylor, the man didn't get rich by being emotional. Do you know why he actually tells people to buy BTC at all time?
It's not the love for the tech, he's simply shilling his bags and definitely leading by example, he's been recognized as a public BTC figure and a lead investor, and he'll do everything to shill his bag, this sell is just an investor doing something random, and people are merely just reading meaning into it.
