- Michael Saylor hints at buying more Bitcoin as new analysis comes to light.
- Expert believes BTC is years away from a new ATH.
- Bearish vs bullish sentiments clash.
The crypto market is in higher spirits this week as the price of pioneer crypto asset Bitcoin (BTC) and pioneer altcoin asset Ethereum (ETH) are both trading at higher prices and show signs of reclaiming higher targets. Amid the steady bullish sentiments coming to life, Michael Saylor hints at buying more Bitcoin as new analysis states that BTC is years away from hitting a new ATH record.
Saylor Hints at Buying More Bitcoin as New Analysis Comes to Light
When it comes to advocating for Bitcoin, its potential, power, and philosophy, there is no greater figurehead than Strategy’s own Michael Saylor. Long before BTC went on to hit high ATH prices, Saylor, inspired by Nayib Bukele making BTC a legal tender in El Salvador, went on to truly understand the philosophy of Bitcoin and was astounded by its untapped potential. From then onwards, he became Bitcoin’s greatest advocate.
Since before BTC broke past the $40,000 price range, Saylor have been steadily buying and holding a ridiculous amount of BTC. He believes that one day, the price of BTC will hit a value of $1 million per BTC coin, if not more, and he has promised to continue to accumulate BTC even then. Presently, Strategy holds a total of 738,731 BTC amounting to a total of $56 billion worth of Bitcoin.
Despite the fluctuating prices of the pioneer crypto asset, Saylor takes any opportunity the market presents to buy and hold more BTC. The entity has bought BTC at high and low prices and has bought a varying amount during every moment of accumulation, making their BTC buy strategy a dedicated one. Most recently, as we can see from the post above, Saylor hinted at buying more BTC soon.
BTC May Be Years Away From a New ATH
Strategy just bought over $1 billion worth of BTC earlier this month, and since then, the price of BTC has surged slightly. Could the price of BTC be rallying towards new ATH prices as expected by the 5-year supercycle theory? Or is this a short pump before a major slump and the bottom setting of what bearish analysts believe to be the bear market? According to some, it does not matter as the long-term view for BTC is bullish, and every dip is an opportunity to accumulate.
According to the post above, the next ATH record for BTC is years away. Based on this point of view, the price of BTC topped in October 2025 at the $126,000 price range. What’s more, the post also states that Bitcoin Halving events may no longer be a major factor for BTC price pumps or cycle top opportunities. The crypto cycle may be deiating and it is important to stay vigilant to manage risk going ahead.
