Michael Saylor, a vocal Bitcoin proponent and the executive chairman of the Bitcoin treasury company Strategy, has taken to his official X handle to comment on the recent BTC crash and recovery that followed.
In his tweet, he made an ultra-bullish Bitcoin price prediction.
Saylor’s ultra-bullish Bitcoin prediction
Saylor tweeted that Bitcoin is likely to go to one million dollars per coin since it is not going to zero. He tweeted that once BTC regained 2.35% after it had crashed by 4.33% on Friday, falling from the $108,350 level and landed at $103,660.
“If it’s not going to zero, it’s going to a million,” Saylor tweet, triggering the Bitcoin community. Adam Livingston, the author of the “Bitcoin Age” book responded that he expects to hit $13 million by 2045.
If it’s not going to zero, it’s going to a million.
— Michael Saylor (@saylor) June 13, 2025
Satoshi ally and cypherpunk, BlockStream CEO, Adam Back, responded that he had placed “a limit order at 2c/BTC for 21m BTC,” according to his comment. He and investor Alistair Milne have both made a limit order on Bitfinex to buy all 21 million Bitcoin at 2 cents each if BTC crashes that low.
Saylor’s company, Strategy, currently holds 582,000 BTC worth $63.85 billion after it had announced yet another Bitcoin buy 1,045 Bitcoins for $110.02 million. On that day, Strategy also achieved Bitcoin yield of 17.1% YTD in 2025.
8,000 Bitcoins moved, tracks lead to Strategy or ETFs
Market watcher and “community analyst” at CryptoQuant shared on-chain data, showing that a staggering 8,000 Bitcoins aged 3-5 years were moved. The market watcher specified that those Bitcoins were transferred from Coinbase Custody and were “likely linked to MicroStrategy or Spot ETF allocations.” This Coinbase’s service is used by institutional customers of the exchange.
The analyst believes that this week neither Saylor’s Strategy, nor spot Bitcoin ETFs would likely buy BTC this week: “Their buying spree might be done for this week.”
As reported by U.Today, a mind-blowing $415 million worth of long Bitcoin positions got rapidly liquidations. $28.69 million in shorts were liquidated as well, which represents a massive 1,446% imbalance between long and short traders.
The world’s flagship cryptocurrency, Bitcoin, nosedived to $103,000 as the recent military and geopolitical tensions in the Middle East escalated to a high degree.