Michael Saylor has once again signaled potential Bitcoin accumulation amid market pressure that pushed Bitcoin prices below the US$88,000 mark earlier this week.

In a post on X on Sunday (December 14, 2025), the Strategy chairman shared a message hinting at further purchases, writing “Back to More Orange Dots” alongside a chart displaying the company’s Bitcoin holdings.

The post references Saylor’s long-standing habit of using orange dots to represent each Bitcoin acquisition. According to SaylorTracker data, Strategy’s most recent purchase took place on December 12, totaling 10,624 BTC, marking the company’s largest accumulation since late July.

Strategy currently holds 660,624 BTC, valued at approximately US$58.5 billion, or around Rp918 trillion, based on current market prices. With an average acquisition cost of US$74,696 per BTC, the company’s Bitcoin position remains above its purchase price on a nominal basis.

Market Pressure Pushes Bitcoin to a Two-Week Low

Selling pressure resurfaced during Monday’s trading session, briefly dragging Bitcoin down to a two-week low near US$88,000, according to CoinGecko data. This pattern of sharp weekend declines has been observed repeatedly over the past several weeks.

The level marked Bitcoin’s lowest price since early December, when it had previously dipped to around US$84,000 before rebounding. At the time of writing, Bitcoin had recovered to trade above US$89,500.

Several analysts believe the latest sell-off is not occurring in isolation but is tied to expectations surrounding Japan’s monetary policy. The Bank of Japan is set to announce an interest rate decision soon, which could trigger heightened volatility across risk assets.

NoLimit analyst noted that the market may be underestimating the impact of Bank of Japan policy changes on Bitcoin. He highlighted that past rate hikes in Japan have often been followed by sharp corrections in Bitcoin prices. Japan’s status as one of the largest holders of U.S. government bonds also means shifts in its monetary stance could influence global capital flows.

Citing Cointelegraph, Justin d’Anethan, Head of Research at Arctic Digital, said the move toward the US$88,000 level reflects growing psychological pressure in the market, despite prices rebounding from November’s lows.

According to him, expectations of higher interest rates in Japan have raised concerns over a potential unwinding of carry trades, which could weigh on risk assets such as Bitcoin. This environment has prompted some market participants to reduce exposure while waiting for clearer direction.

In the near term, d’Anethan expects Bitcoin to remain in a consolidation phase. He sees the US$80,000 to US$100,000 range as a likely trading zone until a new catalyst emerges to decisively shift the market trend.