Dan Held

🚨 This is getting really bad now 👇 Bitcoin has fallen below $75,000. That move puts price under Strategy’s average buying level of around $76,000 per Bitcoin. With that one level breaking, Michael Saylor’s big Bitcoin bet has slipped deep into the red. Strategy holds 712,647 $BTC . Those coins were bought over years with strong conviction. Now that price is below their average cost, the company is sitting on more than $900 million in unrealized losses. Every further dip makes that number worse. This is where the pressure starts to feel real. Saylor’s strategy has always been clear. Buy. Hold. Never sell. But markets do not care about belief. When Bitcoin trades below the average entry price of the largest corporate holder in the world, it hits market psychology hard. Not because coins are being sold, but because confidence is being tested in real time. Every dollar below $76K adds more stress to sentiment. Traders start asking tough questions. How long can price stay below cost. How much pain can the market handle. What happens if the drop continues. To be clear, these are paper losses. Nothing has been sold. No losses are locked in. But markets react to pressure before action ever happens. Seeing the loudest Bitcoin bull underwater by nearly a billion dollars feeds fear across the entire market. This is not panic because something broke. It is panic because belief is being tested. Moments like this do not kill narratives. They reveal who can sit through them. Start Chasing $BTC Now 👇 #WhenWillBTCRebound