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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong
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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

Michael Saylor Issues Rally Cry To Bitcoin Army: “Starve The Bears!”

Christian Encila
Christian Encila
Last Updated: October 16, 2025 1:00 pm
3 mins read
Saylor

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Michael Saylor’s latest push to steady Bitcoin holders arrived as markets wobbled this week. A 15-second clip and a fresh corporate buy were timed closely, and both landed while investors were still digesting a sharp pullback that pushed Bitcoin near $102,000 before a rebound.

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Saylor Issues Viral Warning

According to a short cinematic video titled “Don’t Feed The [Bitcoin] Bears,” Saylor used a playful metaphor — “Ursus Bitcoinius, the Bitcoin Bear” — to urge holders not to reward bearish chatter.

Based on reports, Strategy, formerly MicroStrategy, also announced a purchase of 220 BTC for about $27.2 million. That move was presented as proof the company remains committed to its crypto holdings. Strategy’s total was reported at 640,250 BTC, valued at roughly $71.40 billion.

Don’t feed the ₿ears.pic.twitter.com/y57k5XGepj

— Michael Saylor (@saylor) October 15, 2025

Market Moves After Trade Shock

Markets had slipped earlier after renewed US-China trade tensions. The drop forced liquidations and rattled traders. Bitcoin later recovered to about $111,500, but fear lingered.

The broader crypto market cap held near $3.8 trillion. Ether traded past the $4,100, BNB at $1,180 and Solana above $190. Dogecoin outpaced many majors with a 5% gain on the day and a 20% rise for the week.

On-Chain Notes And Sentiment Readings

On-chain analysts said the pullback looked orderly. Based on reports from CryptoQuant, the sell-off was a controlled deleveraging rather than a panic exit.

Sentiment trackers offered mixed signals; the Fear & Greed index sat near 37, while some risk measures showed readings closer to 34.

“The bears seem to have had their fill,” FxPro’s Alex Kuptsikevich said. That comment reflected a view that downside pressure may be easing, but it did not mean risk had vanished.

BTCUSD now trading at $110,601. Chart: TradingView

Why The Video And Buy Matter

The combined message — public morale boost plus a buy — is designed to shore up confidence. Strategy’s purchases act as both an investment and a message to shareholders, who watch company holdings closely.

Reports show many traders now defend the $109,000–$110,000 range as a makeshift base that formed back in August.

Analyst Views And What To Watch Next

Traders and analysts are watching headlines tied to geopolitical tensions and any fresh liquidation data. If risk aversion grows again, prices could test lower ranges.

Conversely, steady buying and calmer macro news could support continued gains. Liquidity in futures markets and the pace of new inflows will be key variables.

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Public Signals

Saylor’s video won attention. So did the 220 BTC purchase. Both were public signals aimed at pushing sentiment away from fear.

The episode looked like a response to short-term turbulence rather than a definitive end to broader risks.

Investors will likely treat the actions as one piece of information among many as they decide whether to add or wait.

Featured image from Unsplash, chart from TradingView

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Christian Encila
Christian Encila

Christian Encila

Christian Encila is a journalist, editor, crypto analyst, and virtual assistant focused on storytelling, financial markets, and digital media. He blends strong writing skills with in-depth analysis, turning complex information into clear, accessible insights.

Read more

His writing began in college as a feature writer for his school publication, building research and storytelling skills. He later worked as an editor at a data engineering firm, gaining recognition for writing and discipline.

He expanded internationally in Canada and South Korea, then returned to the Philippines for a decade in a major newsroom. There he became a senior news writer and editor, simplifying complex topics for broad audiences.

He later moved into cryptocurrency journalism as a crypto analyst and market expert at NewsBTC, covering trends and blockchain developments. Alongside writing, he works as a Virtual Assistant supporting editorial operations, workflows, and coordination tasks.

Outside work, he enjoys motorbikes, riding a Yamaha R3, preferring relaxed coastal rides. He spends time with two cats and a dog, and unwinds with coffee, Filipino food, and occasional rum while watching comedy films.

His career blends journalism, analysis, and support roles, reflecting adaptability across media, markets, and digital content production in modern newsroom environments and remote work settings globally.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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