'Thinking About Buying More Bitcoin': Michael Saylor Reacts to Bitcoin Price Collapse With Bull Statement

'Thinking About Buying More Bitcoin': Michael Saylor Reacts to Bitcoin Price Collapse With Bull Statement

Source: UToday

Published:15:00 UTC

BTC Price:$89247

#Bitcoin #BTC #HODL

Analysis

Price Impact

Med

Michael saylor is a major bitcoin advocate and his company microstrategy is a significant holder. his statements often have a high impact, but in this instance, the market's immediate reaction was a brief recovery followed by another leg down, indicating a muted short-term impact due to broader market fear.

Trustworthiness

High

Saylor and microstrategy consistently accumulate bitcoin, especially during dips, reinforcing his long-term bullish conviction. their recent purchase just days prior validates his statement.

Price Direction

Bearish

Despite saylor's bullish statement, bitcoin failed to sustain a recovery and continued its downtrend shortly after, indicating that current market fear and liquidations are overshadowing individual bullish sentiment in the short term.

Time Effect

Long

Saylor's consistent accumulation and strong belief in bitcoin, especially during price declines, reinforce a long-term bullish thesis for the asset, regardless of immediate market reactions. his actions influence long-term holder sentiment.

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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Bitcoin supporters got a short-lived morale boost this Tuesday evening after Strategy Executive Chairman Michael Saylor broke his silence with a post , revealing that he thinks "about buying more bitcoin." Advertisement Amid all the chaos on the charts and social media, one thing is for sure: the timing of Saylor's post was not random, and the Bitcoin price managed to recover from a drop to $89,300. However, the evergreen post seemed to indicate that the market was hitting a minor bottom. HOT Stories 'Thinking About Buying More Bitcoin': Michael Saylor Reacts to Bitcoin Price Collapse With Bull Statement Morning Crypto Report: Ripple Legend Co-Signs Binance Twist, 'Digital Silver' Litecoin Raises Halving Alarm, XRP Price Enters 'Crocodile' Zone XRP Hits ‘Extreme Fear’ After 19% Drop U.Today Crypto Review: Ethereum (ETH) Loses 30-Day Progress, Shiba Inu's (SHIB) End of Bears; Bitcoin's (BTC) Last Recovery Chance BTC/USD by TradingView For a bit, it seemed like history might repeat itself — Saylor posted, and Bitcoin reversed. But this time, a few minutes later, BTC started dropping back under $89,200 and erased the short recovery and all the optimism with it. The chart now shows that Saylor's tweet was not followed by a rally, but by another leg down. Advertisement The situation is rough for buyers, to say the least. In just 24 hours, over $189 million in positions were liquidated, with a $28.5 million single order and $104.9 million worth of short-side liquidations leading the way. Interestingly, the peak wipeout hit between 11:00 p.m. and midnight on Jan. 21, showing that the pain was ongoing across both leverage camps. How much, though? Still, Saylor is not bothered. As of Jan. 20, he and Strategy hold 709,715 BTC, valued near $63.52 billion. On average, they are costing $75,974, which means a 17.8% unrealized profit — even after the recent dip. Advertisement The firm added 22,305 BTC just two days ago. You Might Also Like Thu, 01/22/2026 - 11:41 SBI Trade Giant Begins Lending out Users' Bitcoin and Bitcoin Cash: Details By Yuri Molchan It is hard to say if this latest post is just a soft front-run to another accumulation wave. But this time, the market did not respond to the message. Bitcoin is currently trading at around $89,100 . The bulls are struggling, the bounce did not work, and Saylor's everbull aura — while still in place — is not moving the chart like it used to. #Bitcoin News #Bitcoin #Michael Saylor