Bitcoin: Saylor Sells 32 BTC as FUD Clears

Bitcoin markets absorbed Michael Saylor's sale of 32 BTC for over $2.5 million without disruption, closing the chapter on weeks of speculation and moving price action into neutral territory that traders now view as constructive.

The transaction marks the first visible reduction from Strategy holdings in the past year, yet spot demand from ETFs and corporate treasuries has offset any supply pressure, keeping the broader structure intact since the 2025 consolidation phase.

Price currently sits at $71800 on the 4h chart, pressing against the lower Bollinger Band support near $72401 while the EMA50 at $74516 and EMA200 at $76415 continue to cap upside; RSI at 25.59 signals oversold conditions and MACD remains in death-cross territory at -515, suggesting any bounce will likely retest the $72401-$74655 range before momentum can shift.