Michael Saylor: Bitcoin Drawdowns Span Decades

Michael Saylor told @CryptoMichNL that Bitcoin drawdowns require a decades-long clock, not monthly charts, after surviving the 2021-22 crash that erased 75 percent without selling a single sat.

The Strategy chairman revealed the firm purchased 175000 BTC this year while offloading just 32 coins, equating to two basis points, and dismissed short-term scapegoating around the sale amid an AI industry impact that has created a capital black hole pulling flows away from crypto.

On the 4h chart BTC trades at $62846.47 inside the Bollinger band with upper resistance at $64303.15 and lower support at $62761.39, while EMA50 at $63922.42 and EMA200 at $63702.22 cap upside and the MACD death cross at -349.82 reinforces bearish momentum even as RSI at 33.02 sits neutral; price action therefore points to a likely test of the 50-EMA support zone before any sustained rotation back into risk assets by Q4 as Saylor anticipates. This setup aligns with historical BTC price prediction models that treat 50 percent drawdowns as routine within longer crypto market crash recoveries.