MicroStrategy Bitcoin Guide Warns of 93% Crash
Bitcoin (BTC)
Editor:
Eugene Serbin
beincrypto.com reports that MicroStrategy's Bitcoin guide has issued a warning of a 93% crash to investors. Strategy currently holds 845,050 BTC, with its position sitting just 2% above its own cost basis. The guide's alert highlights the proximity of the current price to the company's break-even point.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 13 September 2026. Not the outlet's figures.
BTC is trading at $77,278.73 with a 1-hour buy ratio of 62.2%, indicating strong short-term buying pressure. This contrasts with the 4-hour buy ratio of 41.3%, suggesting that momentum is fading over a slightly longer timeframe. The 24-hour buy ratio sits at 53.5%, showing a more balanced view over the full day. Volume delta for the hour is positive at $9,878,163, while the 4-hour delta is negative at -$18,726,105. This divergence implies that immediate buying is outpacing selling, but the broader 4-hour trend is seeing net outflows. The 24-hour volume delta is positive at $43,646,194, confirming that cumulative buying has outweighed selling over the last day.
The latest daily buy ratio of 46.7% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for BTC, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 46.6%, making today's 24-hour ratio of 53.5% an increase of 6.9 points. However, spot volume is only 0.57x the weekly average, indicating significantly lower participation. The coin has seen a price change of -3.2% over the last 8 days. Total volume delta for the week is -$486,137,310, showing a consistent net outflow. This is an unusual day for buying intensity relative to volume, as volume is below average while the buy ratio is above the weekly norm.