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Why Michael Saylor Is Still Buying Bitcoin While the Market Panics
Short-term fluctuations are causing Extreme Fear
Tom Handy4 min read·Just now--
The cryptocurrency market remained in a state of high tension during the week of March 22–29, 2026. While the previous week was defined by a rejection at all-time highs, this period saw a deepened correction as institutional caution and regulatory shifts took center stage.
Market Overview — Extreme Fear Persists
For investors, the crypto market ended the week in a state of Extreme Fear, with the index fluctuating between 8 and 12. Not too much has changed at this point. Despite a brief mid-week recovery toward $70,800, Bitcoin (BTC) ultimately succumbed to selling pressure, closing the week near $65,900. Total crypto market capitalization contracted amid subdued volumes and a flight to safety, with altcoins generally underperforming Bitcoin.
Bitcoin Price Action Breakdown
The week was a battle for the $70,000 psychological level, which ultimately acted as a firm resistance.
- The Rebound (March 24–26) — After starting the week at $69,300, BTC showed resilience, climbing to a weekly high of $70,851 by March 26. This was largely driven by institutional dip-buying following the SEC’s…