Bitcoin Holds $81K as Strategy Resumes Buys, MVRV Flashes Bullish Reversal and ETPs Capture $858M
Bitcoin Bitcoin Holds $81K as Strategy Resumes Buys, MVRV Flashes Bullish Reversal and ETPs Capture $858M Michael Saylor has pushed back forcefully against the narrative that Strategy will become a meaningful seller of Bitcoin, framing potential dividend-funding sales as economically trivial. In recent remarks, the executive chairman argued the company would still buy roughly twenty coins for every one sold, dismissing the proposition as a “nothing burger” given current liquidity conditions across spot venues. He emphasized that Strategy now operates as a full-spectrum capital markets vehicle, balancing BTC yield against credit impact when allocating between coin purchases, debt retirement, and share buybacks. The framing aims to defuse investor anxiety triggered during the firms most recent earnings call. Spot price action remains pinned beneath the 200-day exponential moving average near $82,039, a level that has triggered sharp drawdowns of 25% to 36% on every rejection since November 2025. BTC dipped under $82,000 in early-week trade, yet bulls are defending the $81,500 zone aggressively as the 20-day EMA continues to slope higher. Social sentiment readings show a bullish-to-bearish comment ratio of roughly 1.5 to 1, a tilt some analysts warn may cap immediate upside. Traders are eyeing a decisive daily close above $84,000 to validate