Unmasking Bitcoin Secrets: The Hidden Chart Satoshi’s Ally Doesn’t Want You to See

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Unmasking Bitcoin Secrets: The Hidden Chart Satoshi’s Ally Doesn’t Want You to See

Ah, Adam Back-yes, that venerable sage quoted in the sacred cryptographic scriptures of Bitcoin by none other than Satoshi himself. Recently, this venerable gentleman hath unveiled a chart, a veritable secret map buried beneath the noise of market madness, which alas, too many have ignored with the frivolity of children in a candy store. 📉🤔

He displayed a TradingView overlay-oh, what a tool of enlightenment!-that plots the eternal struggle between Bitfinex BTCUSD longs and the mercurial whims of Bitcoin’s majestic price. This chart whispers the tale of how a certain segment of the market, brave or perhaps foolhardy, ramps up its exposure even as prices wobble like a drunkard on ice. 💸❄️

Back introduces us to two patient lines-one “boring” and one “ignored”-as if the market were a play on stern comedy. The “boring” line? Why, it’s the 200-week moving average, resting mildly near $57,000, the calm, wise elder in the room. The “ignored” hero? The Bitfinex longs overlay, a relentless demand indicator that hums along even when daily charts turn into cacophonous carnival rides. 🎢

Back, the wise oracle, recounts how these Bitfinex margin longs grew from 44,000 BTC to a staggering 73,000 BTC over half a year-precisely seven months, no less! Imagine, a consistent accumulation of nearly 1,000 BTC weekly, as if these traders had a secret to eternal youth. Even on the dull, lackluster days, they add 300 to 450 BTC-perhaps convinced that dips are merely opportunities for a quick dance of profit and loss. 💃📉

If converted into everyday cash, this frantic buying translates to about 4 million dollars daily-roughly 450 dollars every precious second-truly, a market that refuses to tire. Back treats this chart as a treasure map, revealing a segment of the market that needs no fresh fairy tale to keep buying. Persistent demand, like the faithful dog, keeps the floor rising-so much so that what looks like a dip might merely be a prelude to higher heights. 🚀🐶

What ho! What is Bitcoin up to now?

As we speak, Bitcoin dances around $87,987, while the Bitfinex longs sit at approximately $72,891. Back, ever the philosopher, contends that the long-term view shows even greater resistance, pointing to a resilient build-up since the depths of $15,500-a true tale of perseverance, perhaps even a coin’s version of a soap opera. 📈📺

And did I mention? The Tether cosmos has its own story-a recent revelation from the Tether overlords and Bitfinex wizards, claiming a remarkable 8,888.8888888 BTC in Q4 2025-what a number, if only for the symmetry! Even more intriguing, a mysterious 961 BTC withdrawal from Bitfinex keeps everyone guessing. Ah, the perpetual game of chess, or perhaps a carnival of shadows. 🎭

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2026-01-01 16:32