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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JimboToronto]

Lets not forget the dude that started this here famous thread...I know he got locked out way back when, but I always like to think he started a new alt account and has been posting ever since.

Locked out? I thought he left of his own accord, in a snit during the block size wars.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[sirazimuth]

Lets not forget the dude that started this here famous thread...I know he got locked out way back when, but I always like to think he started a new alt account and has been posting ever since.

Locked out? I thought he left of his own accord, in a snit during the block size wars.

Yeah, thanx for correction Jim, my memory is failing.

[Biodom]

If someone doesn't know the whole story of M. Saylor and MSTR:

https://www.wsj.com/finance/currencies/michael-saylor-microstrategy-founder-bitcoin-64afda39

no paywall appeared for me, again, but your setup might be different.

Quite a story...I worry a little about his health...in the latest interview with Tai Lopez (https://www.youtube.com/watch?v=Q67pFw9P1cg), he appeared a bit pale and was often grasping for air.

I think it is tough to be such a focal "point man".

[sirazimuth]

...apparently his meme coin is now worth over 13 billion dollars. ....

Also, bears don't shit in the woods, Hitler loved the Jews, and the earth is flat.

[OgNasty]

...apparently his meme coin is now worth over 13 billion dollars. ....

Also, bears don't shit in the woods, Hitler loved the Jews, and the earth is flat.

It’s up to $30 billion now! I already took profits and am letting the remainder ride. This is one of the craziest things I’ve ever seen. I am really hoping this is a preview of what is to come with Bitcoin during this administration. Is it possible that we aren’t bullish enough? That seems like crazy talk.

[Biodom]

...apparently his meme coin is now worth over 13 billion dollars. ....

Also, bears don't shit in the woods, Hitler loved the Jews, and the earth is flat.

For some reason, i think that the whole "crypto" area, not bitcoin, is about to be mercilessly exploited.
Small rumors and vague referrals are already causing 300-500% rises within a month or even days in some pretty large cap tokens.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

A few points/predictions for the upcoming era:

1. Some form of bitcoin reserve (BSR; that's almost a given, so not really a prediction, but it is somewhat central to the thesis that follows).

2. Within 2025, some bitcoin ETFs would establish "in-kind" creation/redemption.
That's a big one! Basically, if you have bitcoin, you would be able to receive ETF shares for it. Of course, this should have no tax consequences or nobody would do it.

3. BSR, when established, would probably have to institute a policy whereas any bitcoins contributed to it (in lieu of cash) would be not-taxable. Otherwise, they would have difficulty purchasing btc for the reserve at a decent price.

4. Unfortunately, it might also mean that gov would kind of push you toward "contributing". The extent of such push is unknowable, but I see parallels with FBR forcing citizenry to give up their gold for $20/oz, then almost immediately revaluing the gold to $35/oz.

5. Leverage within the system would increase (see Coinbase already setting up lending) and would eventually cause the bear market of 2026. MSTR might also be "cut" in size (probably might go to $1000 first, then back down to $150-200).

6. Bitcoin peaks at $216K, but if so, the bear market would be relatively mild with ~90K bottom. If bitcoin goes to 300-400K, bear market would be again, vicious, with about 70-75% decline to 90-100K again, and it would feel terrible, as usual.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[fillippone]

Observing 104,088@stamp

Allow me a slight off topic:



It's going to be a fun 4 years.

A few points/predictions for the upcoming era:

As far as BSR is concerned:

Everything you wanted to know about Bitcoin Strategic Reserve

[goldkingcoiner]

Observing 104,088@stamp

Allow me a slight off topic:



It's going to be a fun 4 years.

A few points/predictions for the upcoming era:

As far as BSR is concerned:

Everything you wanted to know about Bitcoin Strategic Reserve

What is this about?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[goldkingcoiner]

I think we might see 120k soon, if we retest the support successfully.


https://www.tradingview.com/chart/BTCUSDT/w4LoTTHi-Goldkingcoiner-s-BTC-analysis-January-2025-part-2-New-support/

[Shadiq]

A positive feedback loop is being created between El Salvador’s bitcoin education programs and crypto companies looking for a friendly jurisdiction.



https://www.coindesk.com/policy/2025/01/18/el-salvador-s-secret-weapon-its-extensive-bitcoin-education-program-says-director-stacy-herbert

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

...apparently his meme coin is now worth over 13 billion dollars. ....

Also, bears don't shit in the woods, Hitler loved the Jews, and the earth is flat.

It’s up to $30 billion now! I already took profits and am letting the remainder ride. This is one of the craziest things I’ve ever seen. I am really hoping this is a preview of what is to come with Bitcoin during this administration. Is it possible that we aren’t bullish enough? That seems like crazy talk.

 Wow!  I can't believe it did a 5X over 24 hours and the volume is insane - over $10b.  I wonder if Denmark will accept $Trump for Greenland?

[philipma1957]

...apparently his meme coin is now worth over 13 billion dollars. ....

Also, bears don't shit in the woods, Hitler loved the Jews, and the earth is flat.

It’s up to $30 billion now! I already took profits and am letting the remainder ride. This is one of the craziest things I’ve ever seen. I am really hoping this is a preview of what is to come with Bitcoin during this administration. Is it possible that we aren’t bullish enough? That seems like crazy talk.

 Wow!  I can't believe it did a 5X over 24 hours and the volume is insane - over $10b.  I wonder if Denmark will accept $Trump for Greenland?

Trumpeter coin mooning.