Saylor is signaling again.
I just saw that Strategy founder Michael Saylor posted another Bitcoin Tracker update, with the caption: “There‘s always room for more orange.” The orange dots represent purchases, and as usual, there’s a good chance he’ll disclose the latest buying figures tomorrow.
The last time he added to his holdings was October 5, when he bought 334 BTC at an average price of $85,839. His total holdings stand at 848,000 BTC.
BTC is now hovering around $83,000, below the average price he paid last time. If he really does announce another purchase tomorrow, it would mean Saylor is continuing to buy below $83,000—a meaningful vote of confidence in the market.
Key technical levels:
Resistance above: $82,900–$83,900. We’ll need to hold above this range to have a chance at $86,500.
Support below: $82,000 and $80,000. $80,000 is the structural floor; a break below it could mean a deeper correction.
My take: I’m not trying to guess what tomorrow’s announcement will say, but Saylor signaling at this level suggests he doesn’t think $83,000 is overvalued. I’m holding my spot position and will wait for a confirmed retest before considering futures.
How much do you think Saylor will announce buying tomorrow? Drop a number in the comments and let’s see who guesses right. $BTC
I just saw that Strategy founder Michael Saylor posted another Bitcoin Tracker update, with the caption: “There‘s always room for more orange.” The orange dots represent purchases, and as usual, there’s a good chance he’ll disclose the latest buying figures tomorrow.
The last time he added to his holdings was October 5, when he bought 334 BTC at an average price of $85,839. His total holdings stand at 848,000 BTC.
BTC is now hovering around $83,000, below the average price he paid last time. If he really does announce another purchase tomorrow, it would mean Saylor is continuing to buy below $83,000—a meaningful vote of confidence in the market.
Key technical levels:
Resistance above: $82,900–$83,900. We’ll need to hold above this range to have a chance at $86,500.
Support below: $82,000 and $80,000. $80,000 is the structural floor; a break below it could mean a deeper correction.
My take: I’m not trying to guess what tomorrow’s announcement will say, but Saylor signaling at this level suggests he doesn’t think $83,000 is overvalued. I’m holding my spot position and will wait for a confirmed retest before considering futures.
How much do you think Saylor will announce buying tomorrow? Drop a number in the comments and let’s see who guesses right. $BTC