Prediction evidence

If total supply being HODL'd wasn't the highest it has ever been (see here: https://t.co/xMTylrM1rp), I'd say yes. But in this case I think the more likely outcome is some further chop from $BTC (but ultimately new all time highs) and the beginning of some level of alt-coin outperformance. The key is that this new "strategy" from Saylor keeps things in check as long as $BTC price keeps rising (or stays relatively flat), and with supply so constrained there are solid arguments that we won't go much lower. The one potential massive forced seller that the market had to worry about has just alleviated immediate concerns and known sources for added/increased sell pressure of BTC at current levels are few. So, as a function of the low float alone, unless some of these long term holders get spooked by this news (which they shouldn't, because prior to this news things were a lot worse and they didn't sell then either) I think $BTC ultimately has new highs on the horizon sooner rather than later, even if we chop about a bit before getting there. On the other hand, if/when the market does finally top and turn, which will coincide with a large % of the currently cornered supply being distributed to weak hands at the highs (as is always the case), look out below... By that point my guess is Saylor's average cost on $BTC will be much higher (because he will keep buying on the way up) and because $BTC price will shift from ranging/rising to a secular downtrend, the forced selling that he has put off for now, will finally come into play. Except at this point, a majority of the circulating supply of Bitcoin won't be concentrated into the hands of diamond HODL-ers but rather euphoric, short term speculators (as is the case following major market expansion phases), and so the combination of these two factors will lead to a downward spiral that will usher in the first secular bear market in Bitcoin's history.