In the various analyses of the cyclical theory, analysts often attributed the recent shift in the market dynamics to the new era of institutional involvement through exchange-traded funds (ETFs). The latest evaluation of the new market structure suggests the new institutional players could also play a role in the arrival of the next bear market.
Saylor said on the livestream:
I think our structure is smooth and we wouldn’t miss a single dividend payment on an 80% drawdown. On a 90-95% drawdown, in theory you might suspend something for a little bit of time but you’d eventually get back current on it.
Tamac revealed that Strategy’s market positions are somewhat safe so long as the price of Bitcoin never returns to the $22,000 level. According to the crypto analyst, it’s a different story for other companies, as they are relatively newer to the market and their acquisition prices are higher than Strategy’s.
As of this writing, the price of BTC sits around $112,860, reflecting no significant movement in the past day. According to data from CoinGecko, the market leader is down by more than 4% in the past seven days.
