#BitcoinPriceWatch Bitcoin Price: How Much Lower Does It Need to Go Before Big Bull Michael Saylor Starts Losing? Here Is That Critical Level!

How much longer will the decline continue after the deep drop in Bitcoin prices before big bull Michael Saylor starts incurring losses?
After the sharp drop in Bitcoin at (BTC), eyes turned to Michael Saylor's company, Strategy. While Bitcoin fell below $81,000 today, the discussion about when the company's massive BTC portfolio might enter the loss zone has resurfaced.

Strategy holds a total of 649,870 BTC. The current market value of the portfolio is at 54.24 billion dollars. The company's average cost is 74,433 dollars. At this level, Strategy still appears to be approximately +5.86 billion dollars profitable, which is a %12.13 (. However, the rapid decline in Bitcoin indicates that critical levels are approaching.
In the performance comparison of the last year, while Strategy shares have decreased by 59.02%, Bitcoin has declined by 15.72%. The difference of -43.30 points reveals the erosion of the company's market value.
Despite this, Michael Saylor says he is not worried. In an interview with Fox, he claimed that Strategy could even withstand an "80-90% drop in Bitcoin" and continue its operations. Saylor stated that he does not care about comments suggesting that the company's growing BTC position would come under pressure as the market retracts.
Saylor stated that Bitcoin has experienced 15 major declines in 15 years but has seen new peaks each time, emphasizing that sharp corrections "cleanse leveraged positions and weak investors." He also noted that Bitcoin's volatility has dropped from over 80% to 50% on an annual basis compared to the initial purchases made by Strategy in 2020.
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