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

[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[JayJuanGee]

To me, 860K is bonkers...many people would be at least rich-lite (or well off) with just 3-5 btc.

There was a time when 1k seemed bonkers (RIP Risto). Though I do concur with the sentiment.

I don't doubt that I'll see a $1M btc in my lifetime.

But then my thoughts go immediately to, what will the dollar $ be worth by then?

Exactly. That's why we must no be too impatient, to me 1 million $ BTC next year would be the result of some kind of disaster.

this could simply be trump is going to win 🥇 money.
so even if he wins we may back track a bit.

Fair enough.  There could be some buy the rumor, sell the news dynamic and it might not be exactly Trump is going to win, yet the extent and duration of a drop (if any) may well relate to the extent to which uncertainty ends up getting resolved on November 5th or soon thereafter.

closing in on 73k  

Yea, you are very much correct here, are we gonna be expecting a new all time high within the week?

Yea I really do think so, because I believe that the bull season is just getting started

Quoted to show image.

I would suggest that bull season started around November 2022, even though we might not have had realized it until either mid-2023 or at latest October 2023.

Our current resumption of the bull season does not constitute a new bull season, but instead merely a continuation of a bull season that had already started, yet had just been paused or slowed down a wee bit in the past 7-ish months.

[ChartBuddy]

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[ChartBuddy]

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[Richy_T]

What I liked about the early Bitcoin wallet software was that it had built in mining. You could open your wallet and be using your computer and all of the sudden 50 BTC appears in your wallet. Can you imagine? Makes you wonder how many early users mined a block and don’t even know what they missed out on because they gave up on BTC and uninstalled…

Unfortunately I got on too late for that. I did a little mining but I don't believe I've ever mined a block. I know a guy who claimed he had done it but he was a known bullshitter and was not interested when I offered to try and recover any private keys that might be on his laptop.

[Sanitough]

Thought I'd share this..

Bhutan - Another Country Using Bitcoin To Escape Poverty

Bhutan’s government has started moving its quietly accumulated Bitcoin holdings as the price soared above the key $70,000 level.

The Bhutan government-labeled wallet transferred over $66 million worth of Bitcoin  to a Binance deposit wallet, suggesting that it intends to sell the BTC on the world’s largest cryptocurrency exchange.

The $66.5 million was transferred in two transactions on Oct. 29, according to Arkham Intelligence data.

The government wallet began selling shortly after Bitcoin surpassed $70,000 for the first time since June 10. Significant price levels like $70,000 can lead to volatility, including profit-taking from large Bitcoin holders, known as whales, which can impact the price of Bitcoin.

Just right on time,... and here's another good news..

Bitcoin mining funded a 50% salary increase for public servants in Bhutan

[ChartBuddy]

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[ChartBuddy]

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[Zeunerts]

Today is the day. New ATH.


ETFs having inflows similar to levels we saw in march.

[ChartBuddy]

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[Negotiation]

#Bitcoin is displaying an unparalleled level of strength, pushing for a new #ATH like never before. It may take a brief pause to gather momentum, possibly dipping to around $71.5k, but I don’t see it dropping much lower. A powerful comeback seems imminent.👊



https://x.com/CoinFusionist/status/1851524925451915377


So, is it possible $80k to break out in next Sunday??

[ChartBuddy]

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[Ambatman]

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Either am getting old or Buddy Avatar is Different Cooler

So, is it possible $80k to break out in next Sunday??

What happened to this Sunday?

[ChartBuddy]

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[OgNasty]

I think the below X post by PlanB from September could end up being pretty accurate. His highs are a bit optimistic, but even if his prices are high, his timing on the movements sounds accurate to me.

https://x.com/100trillionusd/status/1838624330176922033

Just a scenario:
- Oct: classic pump month. BTC 70k
- Nov: Trump wins election, ends democrats Biden/Harris/Warren/Gensler war on crypto. BTC 100k
- Dec: massive ETF inflow. BTC 150k
- Jan: crypto people/companies return to US. BTC 200k
- Feb: Power Law crew sells. BTC 150k
- Mar: bitcoin legal tender in Bhutan, Argentina and Dubai. BTC 300k
- Apr: Trump/US start building strategic BTC reserve. BTC 400k
- May: Other countries (except EU) join rat race. BTC 500k
- Jun: several AI start using bitcoin to autonomously arb tradfi. BTC 600k
- Jul/Dec: face melting FOMO. BTC ATH 1M
- 2026: distribution phase. BTC back to 0.5M
- 2027: bear market. BTC bottom 0.2M

[ChartBuddy]

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[Gachapin]

Oh we can't embed imgur links anymore. Well fuck that noise :-)

 All the other kids with their pumped-up-kicks are using talkimg.com now

RIP Tongo
https://www.youtube.com/watch?v=St32aLCNMmQ
(second part is gold)

[ChartBuddy]

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