{"id":70494,"date":"2026-02-03T06:01:34","date_gmt":"2026-02-03T06:01:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=70494"},"modified":"2026-02-03T06:01:34","modified_gmt":"2026-02-03T06:01:34","slug":"time-to-buy-bitcoin-slips-below-cost-basis-saylor-signals-more-orange","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=70494","title":{"rendered":"Time To Buy? Bitcoin Slips Below Cost Basis \u2014 Saylor Signals \u2018More Orange\u2019"},"content":{"rendered":"<div>\n<p>Bitcoin\u2019s <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">price crash<\/a> over the weekend pushed some big holders into the red for a short while, but a handful of major players signaled they were still buying into the dip.<\/p>\n<p>Strategy\u2019s executive chairman Michael Saylor posted on X \u201cMore Orange\u201d after the slide, hinting at fresh accumulation for a company that has been steadily adding to its stash for years.<\/p>\n<p>Reports show Strategy\u2019s <a href=\"https:\/\/www.strategy.com\/purchases\" target=\"_blank\" rel=\"noopener nofollow\">holdings<\/a> remain large, at roughly 712,647 BTC, which underlines why its moves draw so much attention from traders and investors.<\/p>\n<h2>Average ETF Cost Still Above Trading Levels<\/h2>\n<p>Reports say US spot <a href=\"https:\/\/etfdb.com\/themes\/bitcoin-etfs\/\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin ETFs<\/a> manage about $113 billion and hold roughly 1.28 million BTC, putting an implied average buy price above current market rates.<\/p>\n<p>This gap explains why many ETF positions are showing losses on paper even though some institutions keep buying.<\/p>\n<p>The fact that passive products can be underwater at the same time a corporate buyer adds to its balance sheet creates an odd mix of market signals.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"fr\">More Orange. <a href=\"https:\/\/t.co\/b5iYIMARJX\" rel=\"nofollow\">pic.twitter.com\/b5iYIMARJX<\/a><\/p>\n<p>\u2014 Michael Saylor (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/2017963281856545191?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">February 1, 2026<\/a><\/p>\n<\/blockquote>\n<h2>Exchange Balances Continue To Fall<\/h2>\n<p>One sign the sell-off may not be pure panic is the steady flow of coins off exchanges into private wallets. Reports note exchange reserves have slid to levels not seen in years, a trend that often points to long-term hoarding rather than immediate selling.<\/p>\n<p>Lower exchange balances usually mean there are fewer coins ready to be sold quickly, which can make price swings more extreme when demand dries up.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/BBlr3B4B\/\" width=\"1814\" height=\"916\"><br \/>\nTransaction Costs Remain Low<\/p>\n<p>On the network side, average transaction fees stayed relatively modest during the crash, so ordinary activity did not choke the chain.<\/p>\n<p>Data show the typical fee hovered around $0.7 per transfer in late January, which keeps small transfers practical and means the network was not under strain even as prices moved sharply. Low fees can encourage more on-chain movement without creating bottlenecks.<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter size-full wp-image-660696\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a.jpeg?resize=1024%2C683\" alt=\"\" width=\"1024\" height=\"683\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a.jpeg?w=1200 1200w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a.jpeg?w=630 630w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a.jpeg?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a.jpeg?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a.jpeg?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/02\/a.jpeg?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>Network Security Saw A Brief Drop<\/p>\n<p>Reports have highlighted a recent <a href=\"https:\/\/cryptorank.io\/news\/feed\/5e444-bitcoin-hashrate-collapses-weakening-security-as-us-mining-pool-loses-30-of-its-power\" target=\"_blank\" rel=\"noopener nofollow\">pullback in hashrate<\/a>, as miners in some regions faced weather and operational disruptions, causing a near-term drop of roughly 12% from prior highs.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Strategy has acquired 22,305 BTC for ~$2.13 billion at ~$95,284 per bitcoin. As of 1\/19\/2026, we hodl 709,715 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">$BTC<\/a> acquired for ~$53.92 billion at ~$75,979 per bitcoin. <a href=\"https:\/\/twitter.com\/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">$MSTR<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24STRC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">$STRC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24STRK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">$STRK<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24STRF&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">$STRF<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24STRD&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">$STRD<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24STRE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">$STRE<\/a> <a href=\"https:\/\/t.co\/6hpAeOxp2I\" rel=\"nofollow\">https:\/\/t.co\/6hpAeOxp2I<\/a><\/p>\n<p>\u2014 Strategy (@Strategy) <a href=\"https:\/\/twitter.com\/Strategy\/status\/2013598056000725476?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">January 20, 2026<\/a><\/p>\n<\/blockquote>\n<p>Optimism Is High<\/p>\n<p>Strategy has ramped up its Bitcoin buying after a slower period in 2025, completing its largest purchase since February last year. The firm added 13,627 BTC worth about $1.3 billion, signaling a renewed push to grow its holdings.<\/p>\n<p>Saylor\u2019s latest post fits a familiar pattern that markets have learned to watch closely. Each time Bitcoin stumbles into fear-heavy territory, his brief messages tend to surface, often read as quiet confidence rather than noise.<\/p>\n<p>While prices remain fragile and sentiment uneven, Strategy\u2019s continued signaling suggests conviction has not faded at the corporate level.<\/p>\n<p><em>Featured image from Alexander Spatari\/Getty Images, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s price crash over the weekend pushed some big holders into the red for a short while, but a handful of major players signaled they were still buying into the dip. Strategy\u2019s executive chairman Michael Saylor posted on X \u201cMore Orange\u201d after the slide, hinting at fresh accumulation for a company that has been steadily [&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-70494","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\/70494","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=70494"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/70494\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}