Bitcoin price stories should no longer be considered on topic for HN.
"An AI can't smell a painting, but it can smell an NFT"
Aside from the technical aspects of blockchain, there is a second reason to talk about the direction of the price. There's reason to think that it's falling because of other technology offerings (mostly AI, and increasingly space). So it's a meaningful indicator of the sense of investors in technologies.
There's a certain refreshing clarity in this current kleptocratic moment - everyone is just openly engaged in fraud. Okay, I guess that's better than pretending they weren't.