I noticed that Michael Saylor returned two days ago with a new statement on X saying that Friday is a good time to buy Bitcoin. The funny thing here is that the Bitcoin price in dollars has sharply fallen from $126,000 to about $77,800 right now—that means a loss of around 38% from the peak. And people are wondering: is this a real opportunity or just Saylor’s usual talk?

Honestly, the situation is more complicated than that. Bitcoin didn’t crash for just one reason—it was a full-on storm of factors. The Federal Reserve started signaling a more tightening monetary policy, so liquidity began to dry up from risk assets. At the same time, big investment funds began selling their Bitcoin holdings—some to lock in profits, and the second group to cover losses in ordinary stocks. The result? Bitcoin started falling from $90,000 and reached $77,000, where it’s now trying to stabilize itself.

Technically, the picture is clear. Bitcoin’s dollar price is now testing extremely critical support levels. If it doesn’t hold at $65,000–$67,000, the next target is $58,000. But to see a real rebound, Bitcoin needs to return above at least $72,000 to break this chain of lower highs.

Recent data says hedge funds have pulled about a third of their positions. This is the real reason the price didn’t rise the way people expected. This institutional exit was the real blow.

Now, should you buy? Historically, buying Bitcoin during dips of 35–40% from the peak has been a successful long-term strategy. But the current case is a bit different because the broader negative factors are still there. The US dollar is strong, and traditional markets are tense—so Bitcoin’s dollar price could drop further before it rises.

If you decide to follow Saylor’s advice, I recommend DCA—meaning you spread your purchases over several weeks instead of putting all your money in at once. Store your assets in your own wallet and don’t leave them on exchanges. And watch the US dollar—when the dollar rises, cryptocurrencies usually drop more.

So what’s the takeaway? Bitcoin’s dollar price right now reflects the reality that the market is still in a correction phase. It could be an opportunity for long-term investors, but don’t expect an immediate surge. Patience and caution are the key right now.