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Why are people telling Saylor to stop buying BTC?
$BTC
During yesterday’s stock market sell-off, Bitcoin barely reacted and held around $62.5K.
On one hand, that is a good sign. On the other, there is still not much real buying pressure. Every time BTC moves toward seller liquidity, it gets pushed back down. ETF outflows are also still continuing, so for now the market remains stuck in the $60K-$65K range.
And just when one Strategy FUD seemed to calm down, a new one appeared. 😁
Now the market is worried about the decline in MSTR shares. More people are arguing that Saylor should pause BTC purchases, rebuild cash reserves, and return to buying later.
The argument is simple: right now, Strategy is effectively absorbing seller pressure and preventing the market from entering a deeper correction. But at the same time, MSTR keeps making new lows, while cash reserves are being used.
That is why some believe it would be more logical to let the market flush out weak hands, rebuild liquidity, and only then start aggressively buying BTC again.
What Saylor actually does next - time will tell.