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

[philipma1957]

Here is a fun post

<big snip>

and here is some news that may affect mining or not

huge bridge less than 1 year old collapses in China

https://www.yahoo.com/news/articles/major-chinese-bridge-collapses-river-023758479.html


This bridge is a link to a big power plant dam

The Hongqi Bridge is located near the Shuangjiangkou Hydropower Station in Sichuan, China, which is currently under construction. The bridge is part of the infrastructure built for the hydropower project, which is centered on the world's tallest dam, also called Shuangjiangkou.
The Shuangjiangkou Hydropower Station is situated on the Dadu River.



that is ai info

and the size of the power plant is


https://en.wikipedia.org/wiki/Shuangjiangkou_Dam



more ai below

No, the Shuangjiangkou Hydropower Station is not fully operational, as it is still under construction, with the first unit expected to begin generating electricity by the end of 2025. While it completed its first water impoundment in May 2025, a bridge at the station site collapsed on November 11, 2025, causing a temporary closure of traffic on that section.
Construction status: The hydropower station is still under construction, with the goal of full operation by 2027. The first unit is projected to start generating electricity by the end of 2025.
Water impoundment: The project achieved a major milestone in May 2025 when it began filling the reservoir.
Recent incident: A bridge at the station, the Hongqi Bridge, collapsed on November 11, 2025, following the detection of cracks. This led to a temporary traffic control on that section of the bridge.
Operational goal: Once fully operational, the station will have an output of 2,000 megawatts, enough to generate 7.7 billion kWh of electricity annually.


so it never was running but it would have done as much as 5,274,000 s21xps a day 24/7/365

right now the network is

 1100eh
 1100000ph
 1100000000th this is 4,074,075 s21xps

so a project that had more than enough power to run all the sha-256 miners in the world and 1 million extra ones  is set back bigly

was it sabotage? a dam big enough to run all the mining gear in the world and 20% more just for shits and giggles gets a huge setback.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

For sending $10, 1 btc fee.

Was it the sender's mistake or stupidity?



https://www.blockchain.com/explorer/transactions/btc/34bcced7ee78c7f1eb33251e50b8d6ef5dd107e1ddcb20da15f7ce57edc84d6f

Has anything like this ever happened before?

I’ve seen this sort of thing happen hundreds of times. Usually it is due to testing code on a production server as they say… Especially now with everyone coding AI slop without knowing what they’re doing, I suspect this sort of thing will become more and more commonplace. Always use a testnet and review code before clicking buttons.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

Speaking of astrology for men, the trigger signal could be the 50 w ma. When broken at close, that barely happened last Friday, usually bad things happen (visiting 200w ma being one of those)
I now feel bitcoin as a compressed spring just waiting to spring back, but nonetheless be aware of this scenario.

Currently, the Bitcoin price has not emerged from the red zone I marked. This is evident in the RSI, which has not yet reached neutrality on the 1-week timeframe, indicating that bearish momentum remains. Meanwhile, the MACD signal line remains positive, indicating continued selling pressure.
Meanwhile, the Bitcoin price is currently being held back by the 50-day moving average (MA50) as dynamic support. If this MA50 is breached again, it will likely move towards the 100-day moving average (MA100) around $82,800.

Recent news also indicates that approximately $244 million in long positions have been liquidated over the past 24 hours. This is truly a dire concern for the current Bitcoin price.

That really sounds serious.  You surely should sell all your bitcoin and wait for lower prices that are inevitable.. and buy back when things look better.

[OgNasty]

Inconceivable!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BTCETFInvestor]

Allison-prariegirlrocks is streaming the aurora live from Colorado and just said she has to looks south to see the more striking colours of the aurora.

https://www.youtube.com/@PrairieGirlRocks

One of you guys must be able to see it.  I need to live vicariously through you as I am clouded in.   Presently, it's a G4 solar storm... I have a feeling it will get even better over the next night.  Fingers crossed.


am image from New Jersey:

@xhomerx10 - The Northern Lights (a.k.a. Aurora Borealis from G4 level storm) was seen in North Texas (DFW area) last night (11/11) and should also be seen again tonight (11/12) I think with the forecast for clear skies. (YouTube Video link of the Northern Lights display from last night here in North Texas is below )


► https://youtu.be/en7tsasnTwQ

  

[LFC_Bitcoin]

Definitely institutional grade price manipulation going on this year. I mean look at today, price rising to over 105k then when US tradfi hours open we nuke $4,000 in literally 30 minutes.

I don’t want to be right but this bull run is over.

7PM tonight they are voting to confirm the US Government reopening. If as expected it gets the go ahead, can that make the price go up or will they just dump into good news as usual?

[vapourminer]

so, are we at the running around in circles whilst yelling "OH NOES!!" at the top of our lungs point of the cycle yet?

[Ambatman]

Definitely institutional grade price manipulation going on this year. I mean look at today, price rising to over 105k then when US tradfi hours open we nuke $4,000 in literally 30 minutes.

The dark side effect to institutions and the government showing interest.
The fall means there would be a rise after the meeting
But it won't be organic
Maybe a day or two after the pump
We may sadly go below $90K
Bitcoin could do better but vultures are setting a ceiling on the price.

[JayJuanGee]

so, are we at the running around in circles whilst yelling "OH NOES!!" at the top of our lungs point of the cycle yet?

Yes.  It is not a good feeling.

In some sense, "we" look like this.

Definitely institutional grade price manipulation going on this year. I mean look at today, price rising to over 105k then when US tradfi hours open we nuke $4,000 in literally 30 minutes.

The dark side effect to institutions and the government showing interest.
The fall means there would be a rise after the meeting
But it won't be organic
Maybe a day or two after the pump
We may sadly go below $90K
Bitcoin could do better but vultures are setting a ceiling on the price.

You might be correct that sub $90k ends up getting touched, yet I doubt it is necessary, even though surely maybe there is a need to at least go back and retest $98,898.

It is really difficult to know in the midst of "its happening."

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[LFC_Bitcoin]

@EricCryptoman
The folks over at New York Stock Exchange need to be locked up for serial rape.

Everyday they rape us with no consequences.



https://x.com/ericcryptoman/status/1988630581828104289

[OgNasty]

so, are we at the running around in circles whilst yelling "OH NOES!!" at the top of our lungs point of the cycle yet?

Sure doesn’t feel like it. Most people still think this is an opportunity to buy the dip. I think when we hit sub-$80K we will see some panic. You have to realize that most people didn’t think we were in a bull market until we hit $100K even though it started at $16K. Similarly, most people won’t realize we are in a bear market until substantial losses have been realized, even though it started at $126K.

[Paashaas]

Another event of leveraged longs liquidated.

4 year cycle is dead that should be obvious by now.

Stop shitting in your pants with diarrhea.

This Is still a bull market.

[BlackHatCoiner]

At least you're never bored.

[philipma1957]

Definitely institutional grade price manipulation going on this year. I mean look at today, price rising to over 105k then when US tradfi hours open we nuke $4,000 in literally 30 minutes.

The dark side effect to institutions and the government showing interest.
The fall means there would be a rise after the meeting
But it won't be organic
Maybe a day or two after the pump
We may sadly go below $90K
Bitcoin could do better but vultures are setting a ceiling on the price.

looking forward to 88,888.88  I am all lined up to jump on that number. Bigly

[bitcoinPsycho]

Another event of leveraged longs liquidated.

4 year cycle is dead that should be obvious by now.

Stop shitting in your pants with diarrhea.

This Is still a bull market.

Well said

[WatChe]

Weekend Hiking

First two pictures are of track with W.O Tag.

Third Picture is British Era building named 'Dagri Bangla' constructed in 1906, the purpose of this building to keep check on forest. There are series of such offices constructed after every 15 miles in forest.  

Forth Picture is taken from MiranJani top (Highest Peak of Gilyat Region, District Abbottabad - Pakistan).