- The “ruse” and the $40,000 crash prediction
- “Saylor is a genius”
Strategy’s Michael Saylor has once again sent the cryptocurrency community into a frenzy of speculation with a single, cryptic post on X: “32?”
The mysterious post comes after Strategy sold a minor 32 BTC tranche near recent market highs.
Now, both fervent supporters and harsh critics are converging on a single prediction: the legendary Bitcoin bull is gearing up to unveil a massive buy-the-dip purchase.
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The “ruse” and the $40,000 crash prediction
Financial commentator and perennial market skeptic Quoth the Raven (@QTRResearch) predicted that the initial 32 BTC sale was nothing more than a calculated misdirection.
According to QTR, Saylor “just bought way more than 32 BTC and will disclose it to ‘prove’ it was just an experiment & everything is really fine.” The critic argued that this move is designed to make Saylor look “clever for buying 10x what he sold 30% lower for 24-48 hours.”
However, QTR Research does not believe the stunt will save the market. He is convinced that Bitcoin will eventually crash to $40,000 despite this stunt.
“Saylor is a genius”
The broader Bitcoin community is interpreting the “32?” tweet as a masterful ploy.
“Saylor is a genius. Sold 32 Bitcoin at $77,000 knowing the price would crash down to $59,000,” one commentator said.
The community claims that Saylor most likely bought thousands of Bitcoins around $60,000 and will reveal it tomorrow.
Market analyst Joe Consorti described hypothetical scenario where Saylor would “sell 32 BTC, buy 32,000 BTC the very next week.” Consorti claims that “hyperbitcoinfinancialization at work.”
As reported by U.Today, Saylor has already teased yet another Bitcoin purchase on the X social media account.