Saylor’s Rally Cry Fails as Bitcoin Teeters at $100K

by

On a gray Sunday, Bitcoin‘s price hovered around the 109,500-dollar mark, as if the city itself held its breath; liquidity had thinned to a pale echo. Strategy CEO Michael Saylor spoke again, a modern prophet who trades in slogans and sermons, urging a rally while BTC derivatives and technical indicators murmured of darker days ahead. 🤔🪙

The modest 25 basis point US Fed rate cut on Sept 18 did not soothe the nerves but unfastened them, triggering a seven-day sell-off that pressed BTC below 110,000 on Friday, Sept 25-the first such breach in 20 days. Since then, Bitcoin has struggled to reclaim the 110k threshold, while a 33% collapse in trading volumes on Sunday signaled feebleness of conviction for the week to come. 💨

Always ₿e Stacking

– Michael Saylor (@saylor) September 28, 2025

Yet the man who calls himself Strategy’s steward reaffirmed his bullish creed on X, urging his 4.5 million followers to buy more BTC in the face of volatility, as if the market’s tremors could be cured by louder faith. 😅📈

Amid the ongoing price correction, Strategy’s total BTC reserves-639,835 coins-fell 5% in value, dropping from $74 billion after its last purchase on Sept 22 to $70 billion at press time. 🪙💔

Bitcoin Price Tests $109K as Double Top Signals $100K Reversal Risk

The price path has tilted downward following the Federal decision; bears stand as a stubborn gate near 110,000, repeatedly repelled through the weekend. The daily BTCUSD chart presents a double top in the neighborhood of 111,000 to 112,000, with a clear downside target around 100,780. The RSI has lingered in oversold territory, a stubborn confession that buying pressure is waning. 🧭

Bitcoin (BTC) Technical Price Analysis | Source: TradingView

If BTC cannot reclaim 110,000 in the coming sessions, the next shadow of support lies at 106,500. A decisive break below that would uncover the psychological edge at 100,000. Conversely, reclaiming 112,000 would cast aside the bearish omen and leave room for a retest of 119,000, which sits near the upper Bollinger Band and the edge of comfortable fantasy. 🌓

In sum, the week ahead looks fragile. The technicals murmur of a retracement toward 100,000 unless liquidity returns and demand awakens. Traders will watch whether Saylor’s renewed calls to buy compel other U.S.-based corporate actors to lend their shoulder to the market, stabilizing action as September winds down-if that is not too hopeful a dream. 😬💭

Read More

2025-09-28 23:50