Saylor: Bitcoin Conviction Test Beats S&P 500

Michael Saylor told Michaël van de Poppe in Prague that investors should only hold Bitcoin if they believe it beats the S&P 500 over time, treating any drawdown as a discount rather than a sell signal, while noting Strategy bought 175000 BTC this year against just 32 sold and blaming the massive AI black hole for capital rotation away from crypto until Q4. The same discipline applies to sizing positions based on personal belief instead of recent price action, with Saylor comparing Bitcoin adoption to the Apple and Amazon curves and calling the Warren Buffett moment still ahead. On the 4h chart BTC trades at $63403.39 inside Bollinger Bands with upper resistance at $63943.18 and lower support at $62253.4; price sits above the EMA50 at $62165.66 yet below the EMA200 at $64321.44 while RSI at 57.14 stays neutral and MACD shows a bearish death cross at 483.16, pointing to a likely healthy retracement toward the 50-EMA before continuation as the AI industry impact keeps liquidity tight. BTC price prediction models and crypto market crash fears both fade when conviction aligns with that long-term outperformance view.