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Strategy is selling coins! Is Bitcoin about to crash?
Unintentionally, Bitcoin has dropped back to around 67k, and my heart is in my throat! Let's see what exactly is happening.
1. Why is Strategy selling coins?
On June 1st, they announced that they sold 32 BTC at the end of May, for 2.5 million USD. This is the first public sale in over four years! Mainly to pay high dividends on preferred shares. The company still holds over 840k coins, and these 32 are only 0.0038%, just a drop in the bucket. Saylor remains a hardcore Bitcoin fan, but he's being more realistic—using the small profits to cover fixed expenses and also proving that Bitcoin can be liquid and flexible. It’s not a massive sell-off, don’t scare yourself!
2. Does selling coins have a big impact on the market?
It has almost no direct impact; 2.5 million USD in a market with daily trading volume of tens of billions is negligible. But the psychological shock is intense! The panic that “even Strategy is selling” spreads quickly, and combined with leveraged liquidations, the price drops sharply. Short-term sentiment is flying wildly, and everyone is panicking and running away. But in the long run, this actually makes Bitcoin look more mature and more like a normal asset.
3. How low could this drop go?
Currently, around 67k feels uncomfortable, with strong support at 65k-68k, possibly continuing to probe down to 60k-63k for a bottom. Extreme black swan events (low probability) are even less likely. The bull market cycle is still ongoing; institutions and ETFs won’t easily run away. Deep dips are opportunities for big gains; every major correction in history has been followed by a strong rebound!
4. If you want to trade, what’s the most reasonable way to buy?
Start with a first position around 62k, and buy more every time it drops by 2,000 USD (60k → 58k → 56k → 54k → 52k), stopping at 50k.
Advantages: Lower your average cost, avoiding being caught in a sudden plunge; stopping at 50k leaves a safety cushion, preventing a total loss.
A small tip: With current prices around 67k, try a small position below 65k first; for a full position, start from 62k-60k. Limit each buy to about 10% of your total funds. Keep a steady mindset, and when trading volume increases or clear rebound signals appear, don’t rush to buy everything at once—leave some cash for emergencies.
For those who believe in Bitcoin long-term, this is a golden opportunity to pick up bargains! Strategy’s small sell-off is just noise; the big bull market logic (institutional adoption + reserve assets) remains unchanged. Stay calm, buy in batches, and if we hold through this wave, we’ll be laughing last!