Bitcoin Traitor Saylor Sells $216 Million in Bitcoin, Will This Trigger a Capitulation Event to BTC Bottom?
Bitcoin traitor Saylor sells $216 million in Bitcoin.
Will this trigger a capitulation event to BTC bottom?
At what price will Saylor swoop in to buy BTC again?
The crypto community is in a state of disbelief as the greatest Bitcoin advocate steps back on his word of never selling BTC today. In detail, Michael Saylor of Strategy went on to sell 3,588 BTC at an average of $60,000. As Bitcoin traitor Saylor sells $216 million in Bitcoin, some market experts expect this move to trigger what could be the final capitulation event that could push the price of BTC to finally set the bear market bottom.
Bitcoin Traitor Saylor Sells $216 Million in Bitcoin
Ever since BTC set its ATH in the $126,000 price range in October 2025, only a handful of market experts went on to call for the bear market to follow. Soon after, the $20 billion liquidation event shook the crypto market in the largest single-day liquidation in crypto history. This led the price of BTC to fall to the 5-digit price range once again and the asset has been dipping to lower prices since.
So far, bear market experts have been calling for the price of BTC to go on to set the bear market bottom price, and according to the traditional 4-year bull cycle blueprint, the pioneer crypto asset will likely go on to set its bear market price bottom in October 2026. One reputed crypto analyst, Doctor Profit, known for his many accurate predictions is now calling for the bear market bottom price to be set in the $40,000 price range.
According to him, this bottom would be met once a major capitulation event would trigger the final fall in the price of BTC, and this fall in price, he predicted, would come from Michael Saylor, being forced to sell his BTC holdings to keep his company strategy dividend payouts supported, and it seems that once again, Doctor Profit’s prediction has come true, as Saylor announces BTC selling.
Will This Trigger a Capitulation Event to BTC Bottom?
Anyone in the crypto space would recognize the name Michael Saylor, not long ago, Saylor pivoted the whole business strategy behind his company to make it BTC-focused. He then went on to aggressively buy BTC at a myriad of price levels. While some were bought in the $40,000 price range, others were bought in the $70,000 price range and much higher. Now, with BTC trading in the $60,000 price range, Saylor, the man who said he would never sell BTC, has gone back on his word.
https://twitter.com/philarekt/status/2074143416829501607
As we can see from the post above, Michael Saylor went on to sell 3,588 BTC sold at $60,000 average, when he had acquired them for $75,000, marking a loss of $15,000 per coin. While Strategy still holds over $800,000 BTC, this decision to sell was necessary to keep Strategy and its dividend payout standing, but was a slap in the face for BTC advocates and crypto enthusiasts across the world.
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