Strategy: Saylor Addresses Bitcoin Sale Backlash | Flash News Detail | Blockchain.News
Latest Update
7/2/2026 12:00:00 PM

Strategy: Saylor Addresses Bitcoin Sale Backlash

Strategy: Saylor Addresses Bitcoin Sale Backlash

Strategy bought 175000 BTC and sold 32 while Saylor defends against hypocrisy claims as BTC trades at $61331.52 amid AI industry impact.

Source

Analysis

Strategy Executive Chairman Michael Saylor directly confronted X criticism over the firm's 32-BTC sale after publicly urging holders not to sell, framing the move as two basis points against 175000 BTC accumulated this year and stressing that visibility, even negative, beats irrelevance.

With BTC price prediction models now factoring the massive AI industry impact draining liquidity from crypto, Saylor compared current institutional adoption to the Apple and Amazon curve while dismissing the 32-coin transaction as irrelevant noise. On the 4h chart BTC holds a bullish structure above the EMA50 support at $60496.76 with MACD confirming a golden cross at 174.65, yet price tests the upper Bollinger Band resistance at $61557.84 while RSI sits neutral at 59.65, suggesting a measured pullback toward the $60496.76 level before continuation rather than any crypto market crash scenario.


Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast