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

BTC

BTC/USDT

$79,864.16

+0.41%

$79,864.16

+0.41%

(24s)

24h Volume

$6,536,434,052.50

24h H/L

$79,877.07 / $79,383.00

Change: $494.07 (0.62%)

Long/Short

52.8%

Long: 52.8%Short: 47.2%

Funding Rate

-0.0027%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,732.35

▲ 0.09%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,300.00

Resistance 1$79,916.17

Price$79,732.35

Support 1$79,635.96

Support 2$76,174.33

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.6

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