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

[cAPSLOCK]

The sparkle fairy is watching you get the tingly feeling!

[philipma1957]

Boy they slapped that 96 k  back down fast.

[BTCETFInvestor]

Boy they slapped that 96 k  back down fast.

Yes, but I suspect the price will zig-zag higher now that it has reached that level...

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hyperjacked]

The sparkle fairy is watching you get the tingly feeling!

The tingling might intensify… 😝

[Hyperjacked]

That chart is sooo beautiful…

https://www.tradingview.com/symbols/BTCUSD/?timeframe=1M

[BTCETFInvestor]

That chart is sooo beautiful…

https://www.tradingview.com/symbols/BTCUSD/?timeframe=1M

Institutional Bitcoin Adoption and Maturity: New ETPs, prime brokerage, and custody services are emerging for Bitcoin. Fidelity notes Bitcoin's maturing status, with potential for growth from ETF accumulation.

Fidelity Calls Bitcoin 'Maturing,' Lays Out 2026 Bull and Bear Case
The financial services firm lays out a pretty straightforward bull case for Bitcoin as it matures

Saylor buys $1.25B in Bitcoin, biggest weekly purchase since July

► https://decrypt.co/354390/morning-minute-fidelity-calls-bitcoin-maturing-lays-out-2026-bull-and-bear-case

[xhomerx10]

That chart is sooo beautiful…

https://www.tradingview.com/symbols/BTCUSD/?timeframe=1M

 OMG!  Is that the two girls one cup formation?

[Hyperjacked]

That chart is sooo beautiful…

https://www.tradingview.com/symbols/BTCUSD/?timeframe=1M

 OMG!  Is that the two girls one cup formation?

Or… maybe the missing bottom teeth breakout. 😝

[Hyperjacked]

That chart is sooo beautiful…

https://www.tradingview.com/symbols/BTCUSD/?timeframe=1M

Institutional Bitcoin Adoption and Maturity: New ETPs, prime brokerage, and custody services are emerging for Bitcoin. Fidelity notes Bitcoin's maturing status, with potential for growth from ETF accumulation.

Fidelity Calls Bitcoin 'Maturing,' Lays Out 2026 Bull and Bear Case
The financial services firm lays out a pretty straightforward bull case for Bitcoin as it matures

Saylor buys $1.25B in Bitcoin, biggest weekly purchase since July

► https://decrypt.co/354390/morning-minute-fidelity-calls-bitcoin-maturing-lays-out-2026-bull-and-bear-case

Lots of positive press and momentum… nice shakeout but time for hike into the mountains imo 😎

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BTCETFInvestor]

THE 1st #BITCOIN AND CRYPTO MARKET STRUCTURE BILL MARKUP WILL HAPPEN THIS WEEK - REGULATION IS COMING



                                                              ROCKET FUEL!

[vapourminer]

https://x.com/bitcoinmagazine/status/2011198465511133560?s=46

Certainly you are on the way to pick one up.

I look forward to that "where the dude".

pick one up? haha that pic is probably his

[Richy_T]

And before some of you Puritans get all up in arms about what I'm saying, I'm not a big fan of stable coins, but it's inevitable because they are going to need a digital version of the dollar that the US controls for them to be able to keep the dollar on life support for X amount more years 

The problem I have with stablecoins is that they're essentially a more complicated version of the Martingale strategy. You can always print more coins to lower price and if you manage things well, you can buy back small price drops but there's always that black swan event that totally fucks things up that's waiting to happen.

But to each their own.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

https://x.com/bitcoinmagazine/status/2011198465511133560?s=46

Certainly you are on the way to pick one up.

I look forward to that "where the dude".

pick one up? haha that pic is probably his

I wonder if Bukele knew he was shaking hands with a legend?

[Greyhats]

I randomly thought up some speculation today, here is my brain dump

A day or two ago there was whale alert that 2010 era miner moved 2k coins to cb

There in and about Saylor came along with one his largest buys

I wonder did that big buy cause otc challenges and that 2k coin move was part of the funding for Saylor’s otc order. We now have spot moving in general sharp uppity could this be otc desks replenishing their available coin funds or maybe etfs caught behind the eight ball with the sudden rise.

Pure speculation and guessing here, could something like this be plausible?

[cAPSLOCK]

And before some of you Puritans get all up in arms about what I'm saying, I'm not a big fan of stable coins, but it's inevitable because they are going to need a digital version of the dollar that the US controls for them to be able to keep the dollar on life support for X amount more years 

The problem I have with stablecoins is that they're essentially a more complicated version of the Martingale strategy. You can always print more coins to lower price and if you manage things well, you can buy back small price drops but there's always that black swan event that totally fucks things up that's waiting to happen.

But to each their own.

Agree, but isn't that just exactly the same as all fiat money?  And yeah, the only reason I would ever buy a stable coin is if I had to use it. Which I imagine ends up baked into the system one way or another.

[Greyhats]

And before some of you Puritans get all up in arms about what I'm saying, I'm not a big fan of stable coins, but it's inevitable because they are going to need a digital version of the dollar that the US controls for them to be able to keep the dollar on life support for X amount more years 

The problem I have with stablecoins is that they're essentially a more complicated version of the Martingale strategy. You can always print more coins to lower price and if you manage things well, you can buy back small price drops but there's always that black swan event that totally fucks things up that's waiting to happen.

But to each their own.

Agree, but isn't that just exactly the same as all fiat money?  And yeah, the only reason I would ever buy a stable coin is if I had to use it. Which I imagine ends up baked into the system one way or another.

My issue with them is what’s the point, if I buy a stable coin and then use it to buy Btc I immediately have a taxable event vs using fiat to buy btc as a non taxable event.

[cAPSLOCK]

And before some of you Puritans get all up in arms about what I'm saying, I'm not a big fan of stable coins, but it's inevitable because they are going to need a digital version of the dollar that the US controls for them to be able to keep the dollar on life support for X amount more years 

The problem I have with stablecoins is that they're essentially a more complicated version of the Martingale strategy. You can always print more coins to lower price and if you manage things well, you can buy back small price drops but there's always that black swan event that totally fucks things up that's waiting to happen.

But to each their own.

Agree, but isn't that just exactly the same as all fiat money?  And yeah, the only reason I would ever buy a stable coin is if I had to use it. Which I imagine ends up baked into the system one way or another.

My issue with them is what’s the point, if I buy a stable coin and then use it to buy Btc I immediately have a taxable event vs using fiat to buy btc as a non taxable event.

Yes, these scenarios and schemes don't benefit bitcoiners and they're not meant to. They're going to benefit what's left of the carcass of the US dollar if they can pull it off.