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Michael Saylor’s Latest Tease Has Crypto Buzzing: Will BTC Surge?
Michael Saylor Hints at Major Bitcoin Buy: Is MicroStrategy Planning Another Purchase?
Michael Saylor, the Executive Chairman of MicroStrategy, has sparked rumors of another massive BTC purchase. On Sunday, Michael posted the company’s portfolio tracker on X, along with a cryptic message: “No tariffs on orange dots.” This has investors buzzing. In the past, he has shared similar posts just before big buys. Now, many believe another major purchase is coming.
MicroStrategy currently holds 528,185 BTC, worth about $44.7 billion. Since early April, the company has paused further purchases. This led to a dip in the company’s stock price (MSTR). Rumors even began that the firm might need to sell the coins if prices dropped further. But now, Saylor’s post hints that the buying could resume soon.
Source:X
Bitcoin Holds $84K Despite Market Worries
The coin is trading around $84,000 at the time of writing. It recently dipped below $80,000, but quickly rebounded. Saylor’s hint has already triggered a small bump in price. However, a confirmed purchase could push BTC even higher, possibly above $85,000.
Still, some analysts remain cautious. Crypto expert warned that it could drop to $65,000. Pointed to key metrics like the True Market Mean Price and Alpha Price, which show strong support around $64,700.
BTC price is floating at $84,595.35 with a slide drop of 0.15%, from the last 24 hours, it is floating near 84k. Its market cap is $1.67 trillion with a slide drop of 0.15% in the last 24 hours. Its trade volume had a rise of 4.96% in the last 24 hours and went to $30.79 billion.
Source: CoinMarketCap
Could MicroStrategy Spark Another BTC Rally?
If MicroStrategy confirms a new Bitcoin purchase, it could trigger a fresh rally in the market. In the past, the company’s big buys have often pushed Bitcoin’s price higher. Each time Michael Saylor announced a new purchase, BTC saw a strong upward move.
Investors are now watching closely. Many believe that another buy could come any day. Some experts agree that a confirmed buy will boost the market. It could help Bitcoin break above the $85,000 level and move toward new highs. But not everyone is convinced. A few analysts say the industry may have already reacted to the hint. According to them, the current price may already reflect the news.
Others believe a surprise announcement could still shake the market. If Michael buys a large amount of BTC again, it could send a strong message. It may bring in new investors and increase confidence in Bitcoin as a store of value.
Conclusion
Michael Saylor’s post has reignited interest in MicroStrategy’s Bitcoin strategy. While the company has paused buying recently, the “orange dots” post suggests they may be back in action soon. If confirmed, it could be a game-changer for Bitcoin, especially as it holds firm amid global economic stress.
