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

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[vapourminer]

NGL. Thinking about killing buddy blocker. Feel it's beginning to mess up the place.

EDIT: Dramatically reduced his post chance. Should be much more rare now.

i think some of the block fun is its spontaneity. knowing bobc will pick up the slack takes some of the fun out.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vapourminer]

i think some of the block fun is its spontaneity. knowing bobc will pick up the slack takes some of the fun out.

here i am, being spontaneous

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Paashaas]

x

[BobClawblaw]

https://github.com/BobClawblaw/bitcoinmachinecode

[Danish Ali]

x

Xavi managing Netherlands? Someone at ESPN UK needs to check their football geography!

Absolute cinema though. Zidane vs Klopp on the international stage for EURO 2028 would be unreal.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BobClawblaw]

BobClawblaw's Bitcoin News Digest - 2026-08-13 (Late Morning Edition)

Published: 2026-08-13 09:03 AM CT

Bitcoin is grinding sideways, down 0.26% over 24 hours and 1.0% over the past week, with the Fear & Greed Index stuck at 29 (Fear) for seven straight days. The market is flat, and the dominant story is not price but a dozen-year-old wallet waking up with a 7,746% gain, which has on-chain watchers alert but no clear selling signal. Price sits below the 30-day average of $64,336, and Thursday's session is noise, not direction.

Outlook: Watch whether the $63,000 support level, which has absorbed every test for over a month, finally breaks or holds, as short-term holders remain underwater and tend to sell into rallies. Also keep an eye on the aftermath of the Coldcard firmware bug, which has already triggered a record $15 billion in long-term holder outflows, and whether that migration pressure continues.

MARKET ANALYSIS

Bitcoin is at $63,674.00, down 0.26% over 24 hours and down 1.0% over seven days. The derived Momentum-Sentiment Composite reads +3 on a -50 to +50 scale. Sellers look to be in control, but the chop suggests they are not pressing hard. The $62,500 support has held so far, and each test that fails to break it weakens the bearish case. A daily close below $62,500 would likely open the path toward $61,500, while reclaiming $65,000 would signal that buyers have taken over. The Fear & Greed reading of 29 reflects caution, not capitulation, so the market may stay range-bound until one of those levels gives way.

SCENARIOS

- Consolidation Above $62,500 (53%): triggers: Bitcoin holds $62,500 on daily closes through Friday, with the Fear & Greed index staying below 40. Invalidation: A daily close below $62,500 within five trading days.
- Upside Reclaim of $65,000 (25%): triggers: Bitcoin closes above $65,000 within five trading days, with the Fear & Greed index rising above 40. Invalidation: A daily close back below $62,500 before the $65,000 reclaim is confirmed.
- Downside Re-test of $61,500 (22%): triggers: Bitcoin closes below $62,500 within five trading days, targeting $61,500. Invalidation: A daily close back above $65,000 before the downside target is reached.

KEY MARKET MOVERS

- Coldcard firmware fallout: The wallet bug has triggered a $15 billion migration of long-term holder funds, a structural shift that could weigh on supply dynamics even as it reflects security concerns.

TOP STORIES

1. Mysterious Bitcoin wallet wakes after 12 years with near 8,000% profit
URL: https://finance.yahoo.com/markets/crypto/articles/mysterious-bitcoin-wallet-wakes-12-192013074.html
Published: 2026-08-12 03:20 PM CT
Summary: Several Bitcoin wallets dormant since early 2014 have moved a combined 87.43 BTC, worth roughly $5.58 million at current prices, in consecutive blocks. One wallet holding 27.85 BTC, inactive since February 2, 2014, moved its entire balance, followed by two others with 26.81 BTC and 32.77 BTC. Galaxy Research flagged the activity and estimated realized gains of about 7,746% on the August 11 transfers, with one earlier move showing nearly 8,000%. The coins were acquired when Bitcoin traded near $800-$814 and have been sent to newer wallets supporting modern scripts. Analysts note the funds landed in fresh addresses rather than known exchanges, so the moves do not automatically signal selling, but the sudden coordination of several 2014 wallets has on-chain watchers alert.

2. After Coldcard Was Hacked, $15 Billion in Bitcoin Moved to Safety
URL: https://finance.yahoo.com/markets/crypto/articles/coldcard-hacked-15-billion-bitcoin-181604384.html
Published: 2026-08-12 02:16 PM CT
Summary: A firmware bug in Coldcard hardware wallets, introduced in March 2021, made private keys guessable, and attackers stole close to $130 million in Bitcoin across three confirmed attack waves starting July 30. Galaxy Research tracked losses of approximately 1,596 BTC across more than 5,200 addresses, while Casa CEO Nick Neuman cited on-chain data showing 2,100 BTC stolen and 233,000 BTC, worth about $15 billion, moved out of long-term holder wallets into safer storage. That movement was more than 100 times the amount taken, with some Coldcard users migrating to multisig wallets and others on Ledger and Trezor moving funds as a precaution. Glassnode data showed long-term holder supply dropped from nearly 15 million BTC to approximately 14.7 million, the largest weekly decline since December 2024, while Bitcoin traded roughly 50% below its all-time high of $126,000 set in October 2025. Coinkite urged anyone who generated a seed on firmware versions 4.0.1 through 4.1.9 to treat those wallets as compromised and migrate to a new seed immediately.

3. Bitcoin Yawns As Fed's Favorite Inflation Gauge Eases
URL: https://bitcoinmagazine.com/news/bitcoin-yawns-as-us-inflation-eases
Published: 2026-08-12
Summary: Bitcoin's price dipped slightly before remaining mostly steady after data showed U.S. inflation was subdued in July. The largest cryptocurrency recently stood at $63,863, mostly unmoved over a 24-hour period, and was also flat over the past week. The core consumer price index rose 0.2% from a month earlier and increased 2.5% from a year earlier, the slowest pace since March 2021. Softer inflation data eases the path toward rate cuts, which reduces the opportunity cost of holding an asset that pays no yield, and Bitcoin has typically performed well in a low-interest-rate environment. Despite the softer data, prices are still higher than a year ago and wages are not keeping up, and Bitcoin has faced increased volatility since the U.S. and Israel attacked Iran in February, with the cryptocurrency down nearly 30% year-to-date.

4. Bitcoin Price Range Breakout Rests On Short-Term Holders, Analysis Shows
URL: https://cointelegraph.com/markets/bitcoin-speculators-in-the-red-keep-price-pinned-below-687k-new-analysis
Published: 2026-08-13 04:37 AM CT
Summary: Bitcoin's price remains pinned below $68,700, the average entry price of short-term holders, who are about 7.2% underwater on their positions and tend to sell into rallies to break even, according to Glassnode. The median realized price sits at $63,000, a level that has absorbed every test from above for over a month. Bitfinex Alpha notes that the $62,000-$65,000 band holds 1,794,308 BTC, or 8.93% of circulating supply, with the largest concentration near $63,800, keeping price range-bound. BTC/USD has traded between $58,000 and $68,000 since June, with a 50-month trend line near $65,800 further constricting movement. Trader Rekt Capital warned that $63,000 is weakening as local support, with each rebound gaining less ground.

5. Metaplanet CEO Says No Bitcoin Sold in $322M Transfers
URL: https://cointelegraph.com/news/gerovich-shuts-down-bitcoin-sale-metaplanets-transfer
Published: 2026-08-12 11:15 PM CT
Summary: Metaplanet CEO Simon Gerovich said the company sold no Bitcoin after moving 5,014 BTC ($322 million) between custodial addresses, calling it a routine custody operation. The transfer cost about $8 in network fees, and the company's holdings remain 43,000 BTC. Metaplanet is the third-largest publicly traded Bitcoin treasury company and the largest in Asia, though it holds an unrealized loss of about $1.4 billion. The company targets 100,000 BTC by the end of 2026 and 210,000 BTC by the end of 2027. Metaplanet reported first-half revenue of 4.94 billion yen, up 134% year over year, and a net loss of 182.8 billion yen driven largely by a non-cash Bitcoin valuation loss.

6. Bitcoin Ignores CPI Relief As Analysis Warns $63,000 'Will Simply Break'
URL: https://cointelegraph.com/markets/bitcoin-eyes-63k-as-us-cpi-relief-sends-september-fed-rate-pause-odds-to-60
Published: 2026-08-12 10:00 AM CT
Summary: Bitcoin dipped below $63,500 on Wednesday despite US CPI inflation matching expectations at 0.1% month-on-month and 3.4% year-on-year. CME FedWatch data showed 60% odds of the Fed holding rates at 3.50-3.75% in September, up from 30% a month ago. Trader Rekt Capital warned that support near $63,000 is progressively weakening, with each bounce losing momentum, and the floor will eventually break. Bitfinex Alpha noted bitcoin met resistance at $65,000-65,500 six times, with no daily close above that level since July 26. The options market still charges a premium for downside protection near $60,000, and Thursday's PPI report is the next check on that premium.

BobClawblaw/newspost.py v1.4.12 | deepseek-v4-flash-0731

[Volgastallion]

Just in case anyone didnt notice my previous post, i share it with you again, we have another prediction contest on the go.

Here we have another BTC price prediction contest!

🚀💰 BTC CONTEST "SIGNATURE BAN" [BTC PRIZE] 🚀💰

Come and made your predictions last time we did one most of users fails to predict the price, lets see now how our compass for price is working.

x

Xavi managing Netherlands? Someone at ESPN UK needs to check their football geography!

Absolute cinema though. Zidane vs Klopp on the international stage for EURO 2028 would be unreal.

I dont know what this have to do with BTC, but aside of that did you know for centuries Netherland was part of the Spanish Kingdom?  SO we can take it as the comeback of the spaniards to netherlands after centuries.

[Hueristic]

@BobLawblaw, Nvidia Nemotron 3.5 Lightning is completely retarded, do not waste your time.

[Hueristic]

https://github.com/BobClawblaw/bitcoinmachinecode

Really, Assembler and then you add a systemd dependency, wtf!

Python interface is bad enough.

*Sorry, fucking hate python.

*Yeah hate systemd as well.

[Danish Ali]

I dont know what this have to do with BTC, but aside of that did you know for centuries Netherland was part of the Spanish Kingdom?  SO we can take it as the comeback of the spaniards to netherlands after centuries.

Haha touché! 16th-century geopolitics in WO? Now that's a pivot I didn't see coming.

Still, if Spain is reclaiming the Netherlands through Xavi's tiki-taka, I'm all for it.  

[cAPSLOCK]

https://github.com/BobClawblaw/bitcoinmachinecode

Really, Assembler and then you add a systemd dependency, wtf!

Python interface is bad enough.

*Sorry, fucking hate python.

*Yeah hate systemd as well.

I know it goes in Docker containers for most people, but when I first tried Alpine Linux, I felt like everything good from 1993 was back.

I have a feeling you might like it.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Lucius]

To draw an analogy with something current, I think that with the price of Bitcoin we are like Odysseus's crew, going round and round the seas without being able to get out of the 60k funnel, maybe a few more weak hands still need to die before the gods of BTC and the market let us return to Ithaca (100k+).

Maybe our BTC is talking so much with Calypso and the BIP110 with the lotus flower (COLDCard) is not letting us goes free.  



But i said to the crew be aware...... is coming another contest from me about price prediction, long time without one....

<snip>that's why there are over 800 thousand reasons why we wonder every day if there's a chance that instead of a few thousand, they'll start selling tens of thousands of coins? Add to that all those paper coins that circulate through and from various funds/companies that squeeze BTC in all possible ways and ask yourself if the current price is bad or good?

Personally, for me, holding above $60k is a positive thing, but as always if there is no breakout to the upside it wouldn't be surprising if we dive towards a new low.

"We" don't worry about such strange proposition.
Why would he do such a thing?

Bitcoin has no P/E, so, yes, price could be moving up or down or sideways..that said, even if it had P/E, like stocks, i find them to not really correlating on many occasions with a current or even future P/E because, as someone had recently said, companies in AI era don't have longer than 36 mo visibility into their future earnings and i think that even 36 mo is generous. Hence, up to 30% daily gyrations in quite a few stocks lately.

If you say so

Why? Well, for the same reason he started with a few dozen and is now selling thousands, can we be sure that it won't turn into tens of thousands at some point? The very fact that he has as many BTC as there are left in total for mining and that he is not exactly a man of his word must have some aggravating circumstance over the market.

In fact, the amount of coins that will be sold depends on how long the bear market lasts. It would be great if the bulls woke up in a few months, but instead of clarity, some new chaos is looming on the horizon, considering that the T-troops are facing a very likely defeat in the midterm elections.