Bitcoin’s ‘biggest bull catalyst’ would be Saylor’s liquidation: Santiment founder
The post Bitcoin’s ‘biggest bull catalyst’ would be Saylor’s liquidation: Santiment founder appeared on BitcoinEthereumNews.com.
The Bitcoin market would definitely bottom if Michael Saylor’s Strategy gets rekt, says Maksim Balashevich, founder of the crypto sentiment platform Santiment. “The biggest bull catalyst will be the liquidation of Saylor,” Balashevich tells Magazine. “The bull catalyst is when everything is bad. So bad it cannot be even worse,” the Switzerland-based crypto entrepreneur says. “It will be a final blow. But it’s a bull signal; it is the strongest. It’s like FTX crashing,” he says. When crypto exchange FTX collapsed in November 2022, Bitcoin dropped to around $15,500. By June, the price had doubled to around $30,000. At the time, FTX’s disgraced founder Sam Bankman-Fried was seen as the poster boy for crypto. Strategy currently holds 771,992 Bitcoin, roughly 3.7% of the total Bitcoin supply, and some speculate that if market conditions worsen and persist for long enough, the company could be forced to sell or reduce its holdings to meet liquidity and operational needs. Others point out that Strategy’s debt matures between late 2027 and 2032, so it has plenty of time yet. Balashevich is speaking speculatively, and there are no public signs that Strategy is planning to sell anytime soon. “I’m not sure if it can even happen…but his shareholders [could] push him to sell something or move him out of the board,” Balashevich says. We’re sick of winning, President Trump Balashevich says the current market decline began around the time of US President Donald Trump’s inauguration, which was widely seen as a major bullish catalyst for crypto. “What can be better for crypto? Yeah, and exactly at the time, it just goes down,” he says. Balashevich regularly appears on the Santiment YouTube channel, providing his thoughts on the crypto market. Source: Santiment Bitcoin jumped to $109,000 around Trump’s inauguration in January 2025. Its most recent all-time…
Filed under: News - @ February 7, 2026 8:20 am