{"id":52622,"date":"2025-03-18T09:35:31","date_gmt":"2025-03-18T09:35:31","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=52622"},"modified":"2025-03-18T09:35:31","modified_gmt":"2025-03-18T09:35:31","slug":"is-this-the-bottom-michael-saylor-says-yes-but-when-will-bitcoin-and-crypto-recover","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=52622","title":{"rendered":"Is This The Bottom? Michael Saylor Says Yes \u2013 But When Will Bitcoin and Crypto Recover?"},"content":{"rendered":"

Bitcoin is down nearly 25% from all-time highs of around $109,000, registered in January 2025. With prices now below not only $100,000\u2014a key psychological price line\u2014and $90,000\u2014a multi-week reaction line and former support\u2014but also inching closer to $80,000, traders are cautious yet optimistic. Historically, drops pushing the coin to the 20% to 30% levels are often followed by sharp price recoveries.<\/span><\/p>\n

The problem is <\/span>that,<\/span> even though history can serve as a reference point, no one knows how prices will act in the <\/span>next<\/span> few trading sessions. For this reason, there is a lot of speculation, with many saying Bitcoin\u2014and <\/span>by<\/span> extension, some of the best altcoins to buy in 2025<\/a>\u2014could <\/span>be stabilizing<\/span>, bottoming out as buyers prepare for the next phase of growth.<\/span><\/p>\n\n

Are There Signs?<\/span><\/strong><\/h2>\n

As mentioned earlier, it is not unusual for Bitcoin to drop by between 20% and 40% after sharp price gains. If anything, losses can be more severe, as seen during the bull runs of 2017 and <\/span>2021,<\/span> and what followed in 2018 and 2022.<\/span><\/p>\n

The same script might play out in 2025 after the rally of 2024, which saw Bitcoin and top altcoins\u2014some considered the <\/span>next<\/span> breakout tokens that could explode in 2025\u2014registering new all-time highs.<\/span><\/p>\n

For this reason, there is caution and anxiety, especially now that prices are stagnant and the total market cap is struggling below $3 trillion<\/a>. Bitcoin is continuously trending toward the lower band of the $80,000s, increasing the probability of a possible close below the $75,000 support in a bear trend continuation formation.<\/span><\/p>\n

The good news is that sentiment is improving<\/span>, <\/span>and <\/span>it<\/span> may not be all doom and gloom.<\/span> Open interest in Bitcoin futures is waning, indicating that speculators have <\/span>been flushed out<\/span>, leaving behind HODLers and organic demand.<\/span><\/p>\n

This<\/span> is happening as sentiment improves. According to the <\/span>Crypto Fear and Greed Index<\/span><\/a>, the reading has risen from<\/span> \u201c<\/span>extreme fear<\/span>\u201d <\/span>to<\/span> \u201c<\/span>fear,<\/span>\u201d <\/span>a move that<\/span> strengthens the possibility of a price bottom.<\/span><\/p>\n

Explore<\/strong>:\u00a0Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/a><\/p>\n\n

Michael Saylor Bullish, MicroStrategy Buys More Bitcoin<\/span><\/strong><\/h2>\n

Amid this, institutions remain committed.<\/span><\/p>\n

According to <\/span>Soso Value<\/span><\/a>, over $274 million of BTC-backed shares <\/span>were bought<\/span> by institutions by the close of March 17. <\/span>This<\/span> was the <\/span>largest<\/span> inflow since February 4.<\/span><\/p>\n\n

Additionally, MicroStrategy is not giving up and is aggressively accumulating Bitcoin. They recently bought $10.7 million worth of BTC at an average price of $82,981.<\/span><\/p>\n

Strategy has acquired 130 BTC for ~$10.7M at ~$82,981 per bitcoin and has achieved BTC Yield of 6.9% YTD 2025. As of 3\/16\/2025, we hodl 499,226 $BTC<\/a> acquired for ~$33.1 billion at ~$66,360 per bitcoin. $MSTR<\/a> $STRK<\/a> https:\/\/t.co\/8xRmR8vlIt<\/a><\/p>\n

\u2014 Michael Saylor (@saylor) March 17, 2025<\/a><\/p>\n\n

They now hold nearly 500,000 BTC, worth over $33 billion.<\/span><\/p>\n

In a recent interview, the founder, Michael Saylor, said that despite current economic uncertainty\u2014<\/span>especially<\/span> due to President Donald <\/span>Trump\u2019s<\/span> tariffs\u2014he remains bullish on Bitcoin.<\/span><\/p>\n

The Strategic Bitcoin Reserve represents a strategy for U.S. digital supremacy in the 21st century. In this presentation, I discuss why Bitcoin is critical to our nation’s prosperity and how America can become the global Bitcoin superpower. pic.twitter.com\/5e6PpxSgzM<\/a><\/p>\n

\u2014 Michael Saylor (@saylor) March 12, 2025<\/a><\/p>\n\n

He believes changes in United States monetary policy could drive demand for risk-on assets like BTC and even some of the best presale projects in 2025<\/a>. <\/span>Bitcoin,<\/span> in his view, is also a perfect store of value and a hedge against inflation.<\/span><\/p>\n

This preview comes as the trading community looks forward to the FOMC meeting <\/span>on March 19<\/span>.<\/span><\/p>\n

On Polymarket, the market expects a 100% probability that QT will end before May.<\/p>\n

If the Fed ends QT, it could signal a shift toward a more accommodative monetary policy, which would support the stock market and Bitcoin, lower government bond yields, and weaken the dollar. pic.twitter.com\/3PNPKWyTyF<\/a><\/p>\n

\u2014 Axel Adler Jr (@AxelAdlerJr) March 18, 2025<\/a><\/p>\n\n

On Polymarket, punters believe the Federal Reserve will end quantitative tightening before May. Once this happens, crypto prices will likely rip higher.<\/span><\/p>\n

Explore<\/strong>:\u00a0Best Meme Coin ICOs to Invest in March 2025<\/a><\/p>\n

\n

Is Bitcoin Bottoming? Strategy Stacks As Institutions Bet Big<\/h3>\n

Bitcoin is down 25% from $109,000 and inching closer to the $75,000 to $80,000 support<\/span>\u00a0<\/span> <\/p>\n

Strategy adds 130 BTC for $10.7 million, pushing holdings to nearly 500,000 BTC<\/span>\u00a0 <\/p>\n

Institutions <\/span>demand rising,<\/span> over $274 million of spot Bitcoin ETF shares bought on March 17<\/span>\u00a0 <\/p><\/div>\n

The post Is This The Bottom? Michael Saylor Says Yes \u2013 But When Will Bitcoin and Crypto Recover?<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin is down nearly 25% from all-time highs of around $109,000, registered in January 2025. With prices now below not only $100,000\u2014a key psychological price line\u2014and $90,000\u2014a multi-week reaction line and former support\u2014but also inching closer to $80,000, traders are cautious yet optimistic. Historically, drops pushing the coin to the 20% to 30% levels are […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-52622","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/52622"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52622"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/52622\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}