Michael Saylor, vocalist Bitcoin evangelist and executive chairman of the BTC Treasury Strategy, worked with the community to share his views on the early cryptocurrency price movements that cost $2,500 over the past few hours.
Despite a significant price drop, Saylor remains bullish for Bitcoin over the long term.
card
Bitcoin can leave the matrix, according to Saylor
Saylor has once again published his own AI-generated images related to his favorite asset, Bitcoin. This time he mentioned the classic sci-fi metaphorical film by Wachovski Brothers “The Matrix.”
In the film itself, the widespread use of mobile phones allowed the escape of the Matrix using street wages that are now almost completely gone, but Saylor suggests that “tickets to escape the Matrix are priced in Bitcoin.”
The price of the ticket to escape the Matrix is in Bitcoin. pic.twitter.com/zaawiaxsal
– Michael Saylor (@saylor) June 21, 2025
The Matrix philosophy is typical of Bitcoin libertarians who dream of removing banks and using BTC as currency without intermediaries, but he doesn’t care about banks or centralized custody, so he can barely enter the same camp as them.
Last year he even rebuked people who advocated for Bitcoin’s independence as the only acceptable approach. After facing a strong backlash, he released a tweet saying that everyone has the right to save Bitcoin in a way that looks like it’s their health.
Bitcoin price falls by 2.33%
Over the past 24 hours, Bitcoin, the world’s pioneering cryptocurrency, has dropped by around 2.33%, dropping from $106,150 to the $103,400 zone.
The decline came after Bitcoin surged from $104,280 and tried to test $106,000. Since Monday, Bitcoin has fallen 4.87% as it has fallen from its local peak of $108,850.
Big wallets keep accumulating BTC
Data published by on-chain tracker Santiment reveals that while Bitcoin is down, it holds a large wallet, 10 BTC, and continues to accumulate. Over the past 10 days, 231 more wallets have been added. This constitutes 0.15% growth.
Meanwhile, a small wallet holding 0.001-10 BTC is dumping bitcoin. Over the same period, the number of these wallets fell by 37,465, showing a 0.15% decrease. The former remains bullish, while the latter loses confidence. Santimento said, “This is historically the right combination for bullish momentum to return to the crypto market.”
