$BTC often trends when Michael Saylor or his company MicroStrategy makes significant moves related to Bitcoin. This can include announcements of new Bitcoin purchases, updates on their existing holdings, or strategic decisions concerning their Bitcoin investments. The hashtag gathers discussions and analyses from the crypto community regarding the implications of these actions on the price of Bitcoin and the broader market sentiment. Investors and enthusiasts closely watch Saylor's activities as MicroStrategy holds a substantial amount of Bitcoin, making their strategies a notable indicator of institutional interest in the cryptocurrency. The use of this hashtag allows for real-time tracking and sharing of news and opinions surrounding MicroStrategy's Bitcoin endeavors.