{"id":48744,"date":"2025-09-22T07:31:35","date_gmt":"2025-09-22T07:31:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=48744"},"modified":"2025-09-22T07:31:35","modified_gmt":"2025-09-22T07:31:35","slug":"michael-saylor-says-this-is-the-reason-why-bitcoin-is-stuck-sideways-and-not-breaking-out","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=48744","title":{"rendered":"Michael Saylor Says This Is The Reason Why Bitcoin Is Stuck Sideways And Not Breaking Out"},"content":{"rendered":"<div>\n<p><strong>Strategy Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) CEO <strong>Michael Saylor<\/strong> shared in an interview aired Friday his views on why <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) has been chopping sideways.<\/p>\n<h2 class=\"wp-block-heading\">People Are Bitcoin Rich But Fiat Poor, Says Saylor<\/h2>\n<p>During a podcast with Bitcoin influencer <strong>Natalie Brunell<\/strong>, Saylor said that $2.3 trillion worth of Bitcoin, its market capitalization, is unbanked, meaning owners cannot borrow against it.<\/p>\n<p>\u201cAnd because they can\u2019t get a loan against it, at the point that you all of a sudden find yourself Bitcoin rich, but fiat poor. You don\u2019t have a lot of dollars,\u201d Saylor emphasized. \u201cThen you think I have to go and sell it.\u201d<\/p>\n<p>He compared the situation to a startup where employees, suddenly rich with <a href=\"https:\/\/www.benzinga.com\/money\/best-penny-stocks\">penny stock<\/a> options, are forced to sell because they can\u2019t borrow against them. He added that the current wave of selling is driven primarily by cryptocurrency OGs, who had a lot of money for a long time and are now diversifying.<\/p>\n<p>Saylor did, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/09\/47782119\/michael-saylor-says-this-is-the-reason-why-bitcoin-is-stuck-sideways-and-not-breaking-out\" alt=\"Michael\" saylor says this is the reason why bitcoin stuck sideways and not breaking out>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Strategy Inc. (NASDAQ:MSTR) CEO Michael Saylor shared in an interview aired Friday his views on why Bitcoin (CRYPTO: BTC) has been chopping sideways. People Are Bitcoin Rich But Fiat Poor, Says Saylor During a podcast with Bitcoin influencer Natalie Brunell, Saylor said that $2.3 trillion worth of Bitcoin, its market capitalization, is unbanked, meaning owners [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-48744","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/48744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48744"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/48744\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}