Industry figure Michael Saylor has offered a perspective on Bitcoin's near-term trajectory, suggesting the flagship cryptocurrency could rally toward the $180,000 level before encountering resistance and potentially retracing to $140,000. Such volatility patterns are typical in crypto markets, where sharp corrections following strong rallies often trigger panic selling among retail participants. The scenario underscores the emotional nature of digital asset trading—when gains evaporate quickly, market participants frequently overreact, creating cascading selloffs. Understanding these psychological cycles remains crucial for navigating Bitcoin price swings and positioning through volatile market phases.