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

[Searing]

I'd be interested in researching this a bit more as we all know how the FTX situation ended for the market.  If we're starting to see obvious cases of entities using paper Bitcoin and not being able to cover client holdings, it is time to say goodbye to the market for a couple years.

Would a repeat of the FTX scenario necessarily play out to the downside?  

I would think so.  If a company holding a lot of coins on behalf of users turned out not to have them, it would set off an investigation as well as bankruptcy.  Assets that were being held by the company would be frozen and users would have themselves trapped in a long legal battle in hopes to recover anything.  The market would see this as a breakdown and a lot of people speculating on the price of Bitcoin would view this as a sign to exit the market.  It's best if everything is functioning as advertised.

again, IMHO if you have a recession companies who have gotten coins on the cheap will sell downward to keep their stock up imho...and lock in profits and of course their jobs

on those who play with stocks and btc/crypto for the company. Anything above 5% in a tanking start of a recession is golden. Great the Corporations are getting into

btc/crypto...but remember what goes into a corporation eventually gets sold to save the almighty stock ..as that is what determines right or wrong for direction today

perception is everything. So pretty sure with 24/7 selling ...btc will be the canary in the gold mine and get flushed first. Blackrock having a 'notion' about 1/2 a decade...now

HODL'ing is a fantasy indeed. Now btc/crypto WILL do much better then bonds in such a recession view..along with land and gold....but like land and btc/crypto it will

likely do much better then 4-5% bonds in the USA....and come back. But the 24/7 panic selling on above with 'Corp Think' will bite the price in the ass at any downturn.

Remember, I know squat and and am typing here on bitcointalk...but how it seems to me. Also a 'recession' is coming, I've seen the signs and gone thru 4 or more. So

prepare folks.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ESG]

FOMO News, for me that's all FOMO news
...

Speaking to CNBC’s Closing Bell Overtime, Saylor said corporate buyers and ETFs are scooping up more Bitcoin each day than miners can produce.

“Companies that are capitalizing on Bitcoin are buying even more than the natural supply being created by the miners,” he said. “That is putting upward pressure on the price.”

On average, miners generate around 900 Bitcoin per day, but according to River research, businesses are buying 1,755 BTC daily in 2025. ETFs add another 1,430 per day, overwhelming new issuance and tightening supply.

BTC papering, when it explodes, maybe they will use seized funds to replace what does not exist when they need to exist...

With nearly $85 billion in assets under management, BlackRock commands 57.5% of the U.S. spot Bitcoin ETF market—well ahead of Fidelity, which holds just over 15%. Since launch, BlackRock’s Bitcoin fund (IBIT) has pulled in more than $60 billion, and its Ethereum ETF (ETHA) has added $13 billion, cementing its dominance despite daily inflow fluctuations.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BTCETFInvestor]

Coinbase CEO Brian Armstrong Issues $1 Million Bitcoin Price Prediction Within The Next 5 Years

Brian Armstrong, the CEO of American cryptocurrency exchange Coinbase Global Inc, is quite optimistic that Bitcoin price will reach $1 million within the next 5 years. He made this bold prediction during an appearance on Fox Business News. The crypto insider’s optimism stems from the current outlook and sentiments within the crypto industry.

Coming from Armstrong, who is largely known for avoiding making such specific predictions, the statement sparked some reactions from the broader crypto community. He believes that the sustainability and advancement in certain current outlooks could push BTC price to the target.

He cited the availability of robust crypto regulatory frameworks in the United States, like the GENIUS Act. In his opinion, tightening such US regulations would go a long way in fueling a significant price rally for the flagship cryptocurrency. Also, there is growing institutional adoption of digital assets, especially Bitcoin.

Firms like Strategy and Metaplanet have taken Bitcoin adoption to a whole new level, consistently filling up their bags. The Michael Saylor-led firm currently holds about 639,835 BTC. With the current price of Bitcoin ($112,466.45), this stash is worth approximately $71.96 billion. Metaplanet holds up to 25,555 BTC, valued at nearly $3 billion.

In line with this Bitcoin adoption, Nasdaq-listed Fold Holdings announced the upcoming launch of its Bitcoin Rewards Credit Card. This is in collaboration with Stripe, which will provide the backend infrastructure, and Visa serving as the issuing network.

Bitcoin Scarcity to Push Price Rally
Beyond US regulation and growing institutional adoption, Armstrong also highlighted the fixed maximum supply of the top digital asset. All of these entities are aiming for Bitcoin’s 21 million supply, a move that will fuel scarcity, triggering a price rally.

Before now, the digital asset industry has seen some prominent names like Jack Dorsey and Cathie Wood share similar bullish views on the Bitcoin price. Right after the US Federal Reserve “third mandate” was hinted at, with an attempt at yield curve control, veteran crypto investor Arthur Hayes also predicted a Bitcoin price rally to $1 million.

► https://finance.yahoo.com/news/coinbase-ceo-brian-armstrong-issues-100520084.html

[BTCETFInvestor]

Bitcoin Ready for "Uptober" Rally After $1.7B Liquidtions Reset Market


October has been crypto’s best-performing month since 2013, with returns averaging above 20%.

Bitcoin has been trading up 0.6% at $113,230 in the past 24 hours, and BTC dominance has been up at 57.7%.

Macroeconomic announcements from the U.S. could steer market sentiment this week.

After a brutal $1.7 billion wipeout in leveraged positions on Monday, crypto markets are finding their footing.

Investors are rotating back into Bitcoin (BTC), setting the stage just as October—historically one of crypto’s strongest months, dubbed “Uptober”—looms on the horizon.

According to an analysis from QCP Group, yesterday’s $1.7 billion in liquidations and the resulting volatility have already begun to smooth out.

► https://finance.yahoo.com/news/bitcoin-ready-uptober-rally-1-104715056.html

[philipma1957]

A glass of copium for battered diminishing returns downers/doubters/doomers: would the likes of Fink and Trump Inc. have backed up the truck for the last year plus if coin wasn't going to be institutionalized for appreciation moving forward? Timing's always still questionable, of course, but member that 

Poors gamble
Normies invest
Elites rig

damn this is pretty good. hate to part with a merit but I gave you some.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Lucius]

FOMO News, for me that's all FOMO news
...

Speaking to CNBC’s Closing Bell Overtime, Saylor said corporate buyers and ETFs are scooping up more Bitcoin each day than miners can produce.

“Companies that are capitalizing on Bitcoin are buying even more than the natural supply being created by the miners,” he said. “That is putting upward pressure on the price.”

On average, miners generate around 900 Bitcoin per day, but according to River research, businesses are buying 1,755 BTC daily in 2025. ETFs add another 1,430 per day, overwhelming new issuance and tightening supply.

~snip~

Saylor is spinning this story about miners and daily mined coins so much that everyone's head is already spinning from it. What he won't say is that investors don't buy directly from miners, but that there are between 1 and 2 million BTC on the market at any given time, and that he and everyone who has plans similar to him can't buy all that BTC at the current rate for the next 5-10 years.

Price pressure clearly exists, but it is two-way, as we see every day.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BTCETFInvestor]

Bitcoin to ‘move up smartly again’ toward end of 2025: Saylor

Strategy chair Michael Saylor says Bitcoin will gain after “macro headwinds” subside as treasury companies and ETFs put upward pressure on the cryptocurrency.

Bitcoin will start to gain again toward the end of the year, after facing upward pressure from growing corporate and institutional interest, says Strategy executive chairman Michael Saylor.

Saylor told CNBC’s Closing Bell Overtime on Tuesday that corporate adoption of Bitcoin along with the consistent acquisition of Bitcoin by large exchange-traded fund (ETF) funds on behalf of institutional investors, is taking up all the natural supply.

Saylor added that “companies that are capitalizing on Bitcoin are buying even more than the natural supply being created by the miners,” which is “putting upward pressure on the price.”

► https://cointelegraph.com/news/bitcoin-price-surge-etf-corporate-demand-outpaces-supply

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

Bitcoin to ‘move up smartly again’ toward end of 2025: Saylor

Strategy chair Michael Saylor says Bitcoin will gain after “macro headwinds” subside as treasury companies and ETFs put upward pressure on the cryptocurrency.

Bitcoin will start to gain again toward the end of the year, after facing upward pressure from growing corporate and institutional interest, says Strategy executive chairman Michael Saylor.

Saylor told CNBC’s Closing Bell Overtime on Tuesday that corporate adoption of Bitcoin along with the consistent acquisition of Bitcoin by large exchange-traded fund (ETF) funds on behalf of institutional investors, is taking up all the natural supply.

Saylor added that “companies that are capitalizing on Bitcoin are buying even more than the natural supply being created by the miners,” which is “putting upward pressure on the price.”

► https://cointelegraph.com/news/bitcoin-price-surge-etf-corporate-demand-outpaces-supply

 Nice!  A little hopium to go with my morning coffee routine.  Something to energize my spirit... my body needs a second cup though.

[OutOfMemory]

 Nice!  A little hopium to go with my morning coffee routine.  Something to energize my spirit... my body needs a second cup though.

No need for hopium when you trust in Bitcoin.
I see that many are put off of the "endless sideways" of BTC, but if you zoom out, it's sideways in steps.
The next step is imminent, and cycles are changing, in an absolute and relative manner.
Everybody whose mindset is like "i will sell the top and buy the bottom, like every cycle" should be careful. Of course, it will likely work this way again, but it gravitates towards less efficiently each cycle. I recently read an opinion here which went like "i set this exact day to sell" (EDIT: Which would most likely be a horrible decision, when you are looking at what is going to happen, imo), but if one looks closely, repetitive analysis based on past cycles don't work as they used to. It's a slow change, but over time, the differences in time, price and deltas become bigger.
If there are absolute truths, then "this time it's different" is one of them, but only when used in the right context. As one can spot those differences only in retrospect, it should better be "last time it was different" (which is kind of the same, but still different).
Am i probably repeating myself?
But y'all get the point, somehow, right?

 

#HODL

EDIT2:
Just tried to stalk myself (my bitcointalk nickname) through chatGPT, in some more advanced and intensive ways, and i pretty much failed gaining any useful, OpSec relevant information. Of couse, i was (more or less) careful, having a historic background as a former internet hacker. (Did i already mention that i miss the sound of 56k modems, but i still dream about them sometimes?)
This was also due to the fact that Theymos seemed to have protected the forum against intensive parsing via bots and engines.
Good work!

EDIT3: re-edited this post a couple of times, as usual 

[JayJuanGee]

Nice!  A little hopium to go with my morning coffee routine.  Something to energize my spirit... my body needs a second cup though.

No need for hopium when you trust in Bitcoin.
I see that many are put off of the "endless sideways" of BTC, but if you zoom out, it's sideways in steps.
The next step is imminent, and cycles are changing, in an absolute and relative manner.
Everybody whose mindset is like "i will sell the top and buy the bottom, like every cycle" should be careful. Of course, it will likely work this way again, but it gravitates towards less efficiently each cycle. I recently read an opinion here which went like "i set this exact day to sell" (EDIT: Which would most likely be a horrible decision, when you are looking at what is going to happen, imo), but if one looks closely, repetitive analysis based on past cycles don't work as they used to. It's a slow change, but over time, the differences in time, price and deltas become bigger.
If there are absolute truths, then "this time it's different" is one of them, but only when used in the right context. As one can spot those differences only in retrospect, it should better be "last time it was different" (which is kind of the same, but still different).
Am i probably repeating myself?
But y'all get the point, somehow, right?

You are confusing, even though you make sense at the same time.          

Even if cycles look different, they still are likely to exist, even if they are harder to identify and don't lock into exact time frames (until we look back historically, we are likely going to continue to see cycles for a while - which surely the schedule for the issuance of the new supply of bitcoin likely continues to be a factor, even if coins likely are moving around from other places (an perhaps some paper bitcoin  are trying to fill in with some possible danger in regards to playing with fire.. and sure some secret bailouts could be promised if the manipulation does not end up working out... perhaps?

In any event, every time is a bit different until we can look back at it and see that it was not as different as we had hypothesized it to be while we were in the midst of it.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Findingnemo]

~
In any event, every time is a bit different until we can look back at it and see that it was not as different as we had hypothesized it to be while we were in the midst of it.

Price chart will always look messed up until we zoom out and see the following pattern is somewhat similar to all the cycles, may not be exactly the same but there will be some close resemblance to it, which makes stacking the coins still relevant when it comes to long-term holding, it may be a lesser profit than anticipated but it's highly unlikely scenario that someone will be in loss if they are holding coins for 4 or more years.