Michael Saylor’s “Back to Orange” post suggests that the firm Strategy might be poised for a new round of Bitcoin acquisitions. The post showcased a portfolio graph displaying clusters and milestones from previous accumulation periods. Meanwhile, prediction markets indicate a sharp decline in the likelihood of Bitcoin reaching $100,000 before the end of 2025, with the probability seen at approximately 1% according to market data.
window.lazyLoadOptions=Object.assign({},{threshold:300},window.lazyLoadOptions||{});!function(t,e){"object"==typeof exports&&"undefined"!=typeof module?module.exports=e():"function"==typeof define&&define.amd?define(e):(t="undefined"!=typeof globalThis?globalThis:t||self).LazyLoad=e()}(this,function(){"use strict";function e(){return(e=Object.assign||function(t){for(var e=1;e
window.litespeed_ui_events=window.litespeed_ui_events||["mouseover","click","keydown","wheel","touchmove","touchstart"];var urlCreator=window.URL||window.webkitURL;function litespeed_load_delayed_js_force(){console.log("[LiteSpeed] Start Load JS Delayed"),litespeed_ui_events.forEach(e=>{window.removeEventListener(e,litespeed_load_delayed_js_force,{passive:!0})}),document.querySelectorAll("iframe[data-litespeed-src]").forEach(e=>{e.setAttribute("src",e.getAttribute("data-litespeed-src"))}),"loading"==document.readyState?window.addEventListener("DOMContentLoaded",litespeed_load_delayed_js):litespeed_load_delayed_js()}litespeed_ui_events.forEach(e=>{window.addEventListener(e,litespeed_load_delayed_js_force,{passive:!0})});async function litespeed_load_delayed_js(){let t=[];for(var d in document.querySelectorAll('script[type="litespeed/javascript"]').forEach(e=>{t.push(e)}),t)await new Promise(e=>litespeed_load_one(t[d],e));document.dispatchEvent(new Event("DOMContentLiteSpeedLoaded")),window.dispatchEvent(new Event("DOMContentLiteSpeedLoaded"))}function litespeed_load_one(t,e){console.log("[LiteSpeed] Load ",t);var d=document.createElement("script");d.addEventListener("load",e),d.addEventListener("error",e),t.getAttributeNames().forEach(e=>{"type"!=e&&d.setAttribute("data-src"==e?"src":e,t.getAttribute(e))});let a=!(d.type="text/javascript");!d.src&&t.textContent&&(d.src=litespeed_inline2src(t.textContent),a=!0),t.after(d),t.remove(),a&&e()}function litespeed_inline2src(t){try{var d=urlCreator.createObjectURL(new Blob([t.replace(/^(?: )?$/gm,"$1")],{type:"text/javascript"}))}catch(e){d="data:text/javascript;base64,"+btoa(t.replace(/^(?: )?$/gm,"$1"))}return d} var litespeed_vary=document.cookie.replace(/(?:(?:^|.*;\s*)_lscache_vary\s*\=\s*([^;]*).*$)|^.*$/,"");litespeed_vary||fetch("/wp-content/plugins/litespeed-cache/guest.vary.php",{method:"POST",cache:"no-cache",redirect:"follow"}).then(e=>e.json()).then(e=>{console.log(e),e.hasOwnProperty("reload")&&"yes"==e.reload&&(sessionStorage.setItem("litespeed_docref",document.referrer),window.location.reload(!0))});
Unpacking Saylor’s “Back to Orange” Message for Strategy
The phrase “Back to Orange” serves as a counter signal to the “Green Dots” posts among Bitcoin-tracking investors of Strategy. Saylor’s recent post was reinforced by a graph highlighting the accumulation clusters and thresholds tied to past purchase periods. However, the post did not explicitly confirm any recent purchases made by the firm.
Despite a pause in Bitcoin acquisitions just a day after the “Green Dots” post, Strategy’s more cautious accumulation strategy has sparked discussions. The halt in purchases has not hindered the expectation surge for a new acquisition round following the “Back to Orange” message. Investors referencing a long-term belief-oriented buying approach emphasized the possibility of a new accumulation wave.
Bitcoin’s Projected Sub-$100,000 Finish to 2025
Conversely, prediction markets are pricing in a more cautious outlook as the end of 2025 draws near. According to Polymarket data, the probability of Bitcoin reaching $100,000 before the year-end sits at about 1%. Meanwhile, the probabilities for targets above $100,000 also hover below 1%. The highest likelihood, around 7%, is concentrated at the $95,000 band. During the preparation of this report, Bitcoin’s price was trading around $88,000, marking a modest rise from the previous day.
On the technical analysis front, analyst Ted Pillows shared a graph focusing on the Bitcoin/stablecoin ratio, highlighting a robust support area on a monthly scale. The graph offers a long-term perspective consistent with past key withdrawal zones at peak areas. It shows the ratio returning to main demand zones on weekly and monthly charts.
