Michael Saylor Calls Bitcoin Selloff an AI Rotation as MicroStrategy Sits $10 Billion Underwater

BTC

BTC/USDT

$63,021.98

-0.03%

$63,021.98

-0.03%

(24s)

24h Volume

$2,143,092,482.40

24h H/L

$63,175.00 / $62,968.45

Change: $206.55 (0.33%)

Long/Short

67.9%

Long: 67.9%Short: 32.1%

Funding Rate

+0.0035%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,005.96

▼ -0.13%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$63,005.96

Support 1$62,882.63

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):42.7

BeInCrypto Editorial

(05:30 PM UTC)

1 min read

Updated byDavid Kim

0 comments

Michael Saylor conceded that the recent Bitcoin selloff reflects a rotation of capital toward AI rather than weakness in the pioneer crypto itself.

He pointed to roughly $4 billion in Bitcoin ETF outflows since May 14, with the king of crypto trading near $64,000 at the time, down about 4% on the day and nearly 49% below its October 2025 record.

Bitcoin (BTC) Price Performance. Source: BeInCrypto