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

[UpTober]

Michael Saylor purchased 24,869 BTC for $2.01 billion.confirmation

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Lucius]

Our dear Sparkle Fairy can get a little emotional during price swings. The recent price action has her really down, so shes solving the problem the way she knows how, which is watching a chick flick and eating ice cream.

Lucky for her, there's a Fairy Queen with a drive through right down the street.

If you ever want to turn a dream into reality, it seems to me that this would be the robot for you



https://www.aheadform.com/副本-products-template-2

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

Our dear Sparkle Fairy can get a little emotional during price swings. The recent price action has her really down, so shes solving the problem the way she knows how, which is watching a chick flick and eating ice cream.

Lucky for her, there's a Fairy Queen with a drive through right down the street.

If you ever want to turn a dream into reality, it seems to me that this would be the robot for you



https://www.aheadform.com/副本-products-template-2

Finally, my dream can come true! How did I do?

[cAPSLOCK]

Having to resync and rebuild the database on my home node.  Meh.

I do think the fight for us to keep the requirements for running a node as low as we can has been an important one.

I do not think everyone needs to run a node, and I think it's a silly idealistic idea. Most of us can trust other node runners.  But the barrier to being one of those is important to be kept as low as we can, I think.  We need the Uncle Jims to be able to do it.

[BitHodlers]

Well, if it (gold, silver) went up parabolically, then, in my mind, it is irrelevant if it was 'tamed" or not.

Well I would say that the preceding market more notably with silver was quite tamed up until the recent run for both gold and silver. Silver was in hot demand for a long time and deficient on the supply side long before AI, but they managed to suppress it until they decided to allow it to go up.

Additionally, I like to think that bitcoin has an agency in a sense that it makes it's "own" choices and shapes it's own future.
If it does not, then it would not be as an attractive investment I thought it is.
Explaining everything by the possibility of "taming" takes away from the perception of agency, at least for me.

bitcoin agency:
a nice concept to think 'bout
while meditating

#Sunday haiku inspired by the @d_eddie Epimenides story

I would agree that this was the case before, when we didn't play in the big leagues but I can't be so sure about that anymore. I would like it to be the case, but that remains only a wish. The big boys have money that we can't even imagine, and they are not just going to let this go out of control now that they have got their hands on it.. We just had an example of this today.

Michael Saylor purchased 24,869 BTC for $2.01 billion.confirmation

Single entity buys $2 billion, and we are going down with no upward impact on the price. Pretty tamed. We don't even know how many fake BTC the ETFs have sold so far.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Sawera2255@]

Michael Saylor purchased 24,869 BTC for $2.01 billion.confirmation

Share a news reference

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

Michael Saylor purchased 24,869 BTC for $2.01 billion.confirmation

Share a news reference

"Strategy has acquired 24,869 BTC for ~$2.01 billion at ~$80,985 per bitcoin and has achieved BTC Yield of 12.6% YTD 2026. As of 5/17/2026, we hodl 843,738 $BTC acquired for ~$63.87 billion at ~$75,700 per bitcoin. $MSTR $STRC"

https://x.com/saylor/status/2056349245913849969

Bitcoin currently trades at ~$76,500.

[JayJuanGee]

[edited out]

If I gambled I would take under 60k by new years day 2027
For at any day from today.

Bitstamp any time of the days.
 I would put up 8 and expect 92.
But I don't gamble with members on price of  coins

That seems to mean that you expect 92% odds that under $60k will not be reached before 00:00 January 1, 2027 - most likely referring to UTC time.

With those odds, I would probably take your side of the bet, too.

Are they really that pessimistic about the future of Bitcoin?
Have they stopped believing or forgotten that two years ago, 60k was the peak? 

Or is this just a strategy to get better prices on their BTC purchases? 

It is difficult to know when guys are spouting out odds that really seem to be outrageous, and frequently they won't bet on those odds, so it may well be the case that they don't really believe it.  Personally, I have the sense that a guy should be willing to bet on any claims that he is making - even though I can appreciate that someone might want to have a bit of a margin for error, so even if he were proclaiming that the odds for going below $60k before January 1, 2027, he might say that he would ONLY be willing to bet on 80% odds, because he wants to retain some margin of error.

Another things that guys might not want the complications of betting in a forum like this, and surely there could be logistics reasons, personal privacy reasons or even some reasons of not really wanting to deal with certain other forum members...and even if we were to be able to get some agreed-to neutral member to escrow the matter.

The flip-floppers will tend to vary in their expectations, and it may well be true that they actually believe their claims, even when they are flip-flopping from one perspective to what might appear to be the opposite.

Regarding your claim of $60k being the top 2 years ago, that does not seem to be a very material piece of information, since in March 2021 we had top BTC prices in the $64.5k territories, and then in November 2021, we had BTC top prices in that touched on $69k, and then in early 2024, we returned into the $60ks, including achieving a new ATH prior to the April 2024 halvening.. and then even though maybe there was some stagnation between mostly $55k and $65k between April 2024 and October 2024, we ended up getting the trump pump in November 2024, and the rest of BTC's price history is more recently experienced.

In the beginning of the October 2025 correction, I thought it was ridiculous to be aiming for the then 200-WMA that was in the  $53.5k price territories, yet by the time the current local low of $59.9k was reached in early February of this year, the 200-WMA was in the ballpark of $58k, so the BTC price got quite close to hitting the 200-WMA, and surely all of those lows or new lows had become more and more possible than many of us had considered them to be.

You can review the historical changes in the 200-WMA as compared to the BTC spot price on this site.

And, all of the craziness of current times, and even the fact that the current BTC prices are currently only floating around 27% higher than the current 200-WMA (of $61.1k), these kinds of ongoing failures of the BTC price to go up, likely cause questions about the extent to which the BTC price might again correct below the 200-WMA, and even bitcoin is not immune from various macro-happenings, and even questionable levels of attack in relation to the ever increasing paper products that cause some centralized (perhaps BTC ETFs, Exchanges, MSTR, etc) holders to hold a lot of bitcoin keys. which likely is not good for the BTC price and/or the various empowerment aspects of bitcoin that comes through various forms of direct holding that would spread more to the retail (or individual) level.

My main contention right now, is that I cannot really feel rest assured that "the bottom is in" prior to my own feelings that we are out of the bear market, and I am not even saying that I am very sure about what kinds of price moves would be needed for me to conclude that we are "out of the bear market," and yeah, whether the odds for below $60k are merely bouncing around in the 50/50 territories or maybe some other value would be better applied to that sub-$60k price threshold seems beyond my own speculative imaginationings (at least in light of current seemingly relevant happenings/factors).

[joker_josue]

Michael Saylor purchased 24,869 BTC for $2.01 billion.confirmation

Single entity buys $2 billion, and we are going down with no upward impact on the price. Pretty tamed. We don't even know how many fake BTC the ETFs have sold so far.

Everyone already knows that when a purchase of theirs is announced, the price will down.

Now it's weird to actually go down, but it always happens

The fact that you don't feel directly in the market is also normal.
Their purchases are not made directly on the market, they go directly to miners or investors (via coinbase).

[snowpega]

Our dear Sparkle Fairy can get a little emotional during price swings. The recent price action has her really down, so shes solving the problem the way she knows how, which is watching a chick flick and eating ice cream.

Lucky for her, there's a Fairy Queen with a drive through right down the street.

If you ever want to turn a dream into reality, it seems to me that this would be the robot for you



https://www.aheadform.com/副本-products-template-2

Haha, it seems like the fairy belongs to the Elves' descendants.

Saying because of the shape of her ears.

What do you think?

[Biodom]

Michael Saylor purchased 24,869 BTC for $2.01 billion.confirmation

Share a news reference

"Strategy has acquired 24,869 BTC for ~$2.01 billion at ~$80,985 per bitcoin and has achieved BTC Yield of 12.6% YTD 2026. As of 5/17/2026, we hodl 843,738 $BTC acquired for ~$63.87 billion at ~$75,700 per bitcoin. $MSTR $STRC"

https://x.com/saylor/status/2056349245913849969

Bitcoin currently trades at ~$76,500.

Right...I think at this point Mr Market is treating MSaylor as a some kind of savant...who may or may not turn out to be right...years down the road.
He bought at 81K, price is at 76.5 K...an almost constant 5% trading discount gained by some players off of his purchases.
In a long run, this might not matter, but it is a sad state of affairs, perhaps.
MS needs an AI help in trading, pronto.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

Michael Saylor purchased 24,869 BTC for $2.01 billion.confirmation

Share a news reference

"Strategy has acquired 24,869 BTC for ~$2.01 billion at ~$80,985 per bitcoin and has achieved BTC Yield of 12.6% YTD 2026. As of 5/17/2026, we hodl 843,738 $BTC acquired for ~$63.87 billion at ~$75,700 per bitcoin. $MSTR $STRC"

https://x.com/saylor/status/2056349245913849969

Bitcoin currently trades at ~$76,500.

Right...I think at this point Mr Market is treating MSaylor as a some kind of savant...who may or may not turn out to be right...years down the road.
He bought at 81K, price is at 76.5 K...an almost constant 5% trading discount gained by some players off of his purchases.
In a long run, this might not matter, but it is a sad state of affairs, perhaps.
MS needs an AI help in trading, pronto.

He is literally proving buying the dip is not necessary, but being in the market is.

[BitHodlers]

Michael Saylor purchased 24,869 BTC for $2.01 billion.confirmation

Single entity buys $2 billion, and we are going down with no upward impact on the price. Pretty tamed. We don't even know how many fake BTC the ETFs have sold so far.

Everyone already knows that when a purchase of theirs is announced, the price will down.

Now it's weird to actually go down, but it always happens

The fact that you don't feel directly in the market is also normal.
Their purchases are not made directly on the market, they go directly to miners or investors (via coinbase).

Normal? So you are saying that there is an endless supply outside of the market that never has an end? It has to end and eventually new supply must come from people who bought it on the market, so even if the purchases are outside of the market they should eventually have an upward effect. That they have no effect at all or even worse push the price down is very weird, and more weird if it happens always as you say.

[Biodom]

Michael Saylor purchased 24,869 BTC for $2.01 billion.confirmation

Share a news reference

"Strategy has acquired 24,869 BTC for ~$2.01 billion at ~$80,985 per bitcoin and has achieved BTC Yield of 12.6% YTD 2026. As of 5/17/2026, we hodl 843,738 $BTC acquired for ~$63.87 billion at ~$75,700 per bitcoin. $MSTR $STRC"

https://x.com/saylor/status/2056349245913849969

Bitcoin currently trades at ~$76,500.

Right...I think at this point Mr Market is treating MSaylor as a some kind of savant...who may or may not turn out to be right...years down the road.
He bought at 81K, price is at 76.5 K...an almost constant 5% trading discount gained by some players off of his purchases.
In a long run, this might not matter, but it is a sad state of affairs, perhaps.
MS needs an AI help in trading, pronto.

He is literally proving buying the dip is not necessary, but being in the market is.

He has a publicly traded stock (MSTR).
From a POV of the stockholders (which as a public company officer, he is supposed to be in tune with), MSTR is losing 8.3% today vs bitcoin daily wiggle of 2.7%.
Therefore, his untimely buy is currently causing MSTR shareholders an extra 5.5%, give or take.
Sure, it will wiggle back, no prob, but...man, some of his pension fund backers might not be too pleased and as a holder of MSTR, I am not clapping either.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com