The situation around Michael Saylor is starting to remind me of Sam Bankman-Fried. Not because the circumstances are the same. They aren’t. But the sequence of events feels eerily familiar. On November 6, 2022, CZ announced that Binance would liquidate its remaining FTT holdings. What followed was a surge in withdrawals, the exposure of an $8 billion hole, and the collapse of FTX shortly after. That capitulation marked the final bottom of the 2022 Bitcoin bear market. Now, look at Strategy. First came speculation that Strategy could be forced to sell Bitcoin after STRC failed to hold $100. Then, Strategy sold 32 BTC. Skepticism grew. STRC fell from roughly $98 to $71. Now, Strategy has reportedly sold more than $216 million worth of Bitcoin. Again, I am NOT saying Strategy is FTX. My point is about market psychology. Rumors create doubt. Doubt creates selling. Selling exposes vulnerabilities. Fear accelerates. And sometimes, the collapse in confidence becomes the final capitulation event that marks a market bottom. Could this be that moment for Bitcoin?(Ali Charts)