It seems that each time Michael Saylor announces his latest purchase of bitcoin, the price dumps. This is conterintuitive, but one explanation is that after the announcements, the bears feel safe to short since there's going to be no huge MSTR buying pressure for a few days.
I keep seeing people confused by the price action when Saylor buys and I can't understand what is confusing about it. "The price dips after Saylor buys." Well, duh... If you buy billions of dollars worth of Bitcoin, it pushes the price up unnaturally, then as normalcy sets in the price comes back down. Still, every time Saylor buys I see people on X saying he should do surprise buys or other comments like that... Unfortunately, even if you pop out of the bushes and surprise the market with a buy out of nowhere, the price still gets pushed up and then settles back down again. Is this not common sense?