Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

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[ChartBuddy]

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[LFC_Bitcoin]

Bullish pennant formation, break out violently, to the upside soon?




@CryptoJelleNL
I've been in crypto for seven years, and I've never people giving up at such a scale, with #Bitcoin looking like this.

Truly a massive disconnect between the king, and the rest of the market.

https://x.com/cryptojellenl/status/1891773906723205300

[AlcoHoDL]

Bullish pennant formation, break out violently, to the upside soon?

@CryptoJelleNL
I've been in crypto for seven years, and I've never people giving up at such a scale, with #Bitcoin looking like this.

Truly a massive disconnect between the king, and the rest of the market.

https://x.com/cryptojellenl/status/1891773906723205300

Time scale is WEEK, so "soon" means April+...

Don't hold your breath (but do HoDL).

[cxtreenal]

Circumstances change very quickly, especially the worth of Bitcoin.


https://x.com/Saylorsatsire/status/1891783011265396954

[ChartBuddy]

Explanation
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[ChartBuddy]

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[fredericktaylor]

🇺🇸 Texas Senate to hold a public hearing to discuss the Strategic #Bitcoin Reserve bill today 👀



source:
https://x.com/BitcoinMagazine/status/1891805313147244914?t=FDkhLFPEYlQy27u5pJOdCw&s=19

[ChartBuddy]

Explanation
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[Leahized]

🇺🇸 Texas Senate to hold a public hearing to discuss the Strategic #Bitcoin Reserve bill today 👀

source:
https://x.com/BitcoinMagazine/status/1891805313147244914?t=FDkhLFPEYlQy27u5pJOdCw&s=19

Council Document: 89R 12465 SRA-F

Relating to the establishment and administration of the Texas Strategic Bitcoin Reserve for the purpose of investing in cryptocurrency and the investment authority of the comptroller of public accounts over the reserve and certain other state funds.

Financial--General (I0365)
State Finances--Management & Control (I0748)
TEXAS STRATEGIC BITCOIN RESERVE AND INVESTMENT ACT (PO2LR)
CURRENCY & CURRENCY EXCHANGE (S0335)
COMPTROLLER OF PUBLIC ACCOUNTS (V2608)
TEXAS STRATEGIC BITCOIN RESERVE ADVISORY COMMITTEE (VB9VD)

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=SB21

[d_eddie]

bullshit. 210,000 btc is enough. 1 percent of the entire stock of btc works for most every one.

Except mikie saylor.

Paints a heck of a target on your back to own 210,000 btc.

He doesn't hold the Bitcoin, nor does Microstrategy; its custodied, split between Fidelity Custody and Coinbase. I'm willing to bet he doesn't hold his own, personal stash either.

https://cointelegraph.com/news/arkham-intelligence-microstrategy-bitcoin-fidelity

This defeats the entire purpose of bitcoin.

As I said, its unlikely that he personally has ever made a single bitcoin transaction.

Fidelity are certified crooks (don't ask me how I know).
It seems Arkham are crooks too.
It is what it is.
Don't trust. Anyone.
Verify.

[ChartBuddy]

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[Powerjumboo]

Twelve years ago today, the first known Bitcoin advertisement was created. A user on the Bitcoin subreddit designed it in Microsoft Paint with the phrase "Magic Internet Money." The community crowdfunded its placement on Reddit’s front page when the price of Bitcoin was only $20.



https://x.com/DocumentingBTC/status/1891850346546274327?t=TX1qHkd0YsavXViV4PtFhA&s=19

[ChartBuddy]

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[Paashaas]

Ore a double top ready to tank all the way to $50k - $70k.

[ChartBuddy]

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