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.
Saylor with the help of Coinbase implement TWAP( time weighted average price) by buying in small orders in a way it won't impact the market much and could take days to complete.
I don't see the common sense in the "then settles back down again" bit.
a more detailed explanation could help me see what you mean
in summary Price correct itself to meet demand and supply in this case on order book.
Take for example there are two buyers and five sellers
Seller one wants to sell for $10
Seller two wants to sell for $20
With $10 increment till seller 5 assuming they all have 2 unit each.
Buyer one wants to buy 6 unit and has the money
When he exhaust seller one goods, the next available price is seller 2, He continues this cycle until he gets all 6. In the process the market price became $30(seller three price).
Now we have seller four and five with higher price set but the only buyer now available is buyer 2 who wants to buy at $20.
There's a gap Now and if the seller needs to sell then he has to sell at buyers price hence a fall and correction.
P.S could be flawed Of course you might be wrong too, (why doesn't buyer two adjust their bids when they see price ramping up?), but I do follow your explanation. Thank you!