In the current market, many investors are liquidating their positions in bitcoin (BTC) due to fear of further price drops.
For this reason, the analyst who identifies himself on social networks as Plan C warns that “anyone who is selling bitcoin because they are convinced that it is going to fall below $60,000 and that the cycle low is ahead is just giving it away to Michael Saylor.”
This warning comes after confirming that on April 20, Strategy reached a reserve of 815,061 BTC in its corporate treasury. The company completed the purchase of 34,164 BTC last week, maintaining its position as the largest corporate holder of the asset in the worldas reported by CriptoNoticias.
As a result of this flow of capital, the analyst questioned the viability of a collapse towards levels of 30,000 or 40,000 dollars. “How does the price collapse to 30,000 or 40,000 when Saylor is absorbing 10,000 to 30,000 BTC a week?” said Plan C. This constant absorption removes a significant part of the available supply from circulation.
Consequently, Strategy’s purchases act as a technical floor, while the determination of Michael Saylor, the company’s president, establishes psychological support for the price. Since there is a buyer with access to large-scale capital, deep falls become less likely. Plan C suggests that this accumulation prevents a repeat of the 50% corrections observed in past cycles (although, it is worth clarifying, bitcoin has already had a fall of more than 50% in February 2026 from its historical maximum close to $126,000)
On the other hand, there is the validity of technical supports, which are price levels where demand usually stops the decline of an asset. The analyst points out that many traders consider $60,000 as a key area. However, he points out that the market will not give them the opportunity to buy at a lower price than that.
This situation shows the high opportunity cost, which is the benefit lost when abandoning an investment. Plan C indicates that bitcoin is moving from “weak hands,” or investors selling out of fear, to “strong hands.”
Regarding the permanence of these purchases, the analyst highlighted the reserve nature of Strategy. Once the bitcoin enters the balance sheet of said company, the asset “leaves the liquid market probably forever”asserts Plan C.
Having said all this, it is important to clarify that the statements of Plan C or any other market commentator should not be blindly accepted. Every investor is responsible for conducting their own research and maintaining adequate risk management.