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

[Biodom]

Euro people here but still glad about the ATH.

In an hospital bed right now but for good reasons, I'm doing various tests and will start on mounjaro to lose weight. So I'm fit when I retire early.

My tax euros at work.

In US you can get a prescription only if you are obese (BMI>30) or diabetic.
If you want just to drop 20-25 lb to "beautify" yourself (with ozempic or mounjaro), options are limited.
It's possible, but not optimal. Basically, you have to pay a lot: up to $1-1.1k/mo.

Yes I am way above that but not yet diabetic. I'm close enough that I could get ozempic for free however to lose weight it's a higher dose and mounjaro is what I got. About my tax dollars I was talking about the hospital, 4 days and many exams, I'm not paying anything. The drug is very new and not yet paid for by our healthcare system, there is hope it will be next year. As a consequence the price isn't regulated, first time in my life I'm calling pharmacies to price check... Fortunately the pharmacy down the street from home is the cheapest I could find, 240€/month

Good luck...notably, it is almost a miracle drug for most people.
I don't take it yet (would like to, though), but someone I know very well dropped 30 lb (about 14kg) on it (and not even the high dose).
main benefits: the cardio (no gasping for air) and much less stress on the knees.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Btcdeybodi]

It's amazing that you dollar people already have a new ATH, while we euro people are still 10k short.

This is indicative of a weak USD and strong EUR. FWIW, we just barely hit a new ATH in USD.

When we properly break out soon, everyone will be able to celebrate.

Probably before/on the weekend, we will have an all round celebration of a NEW ATH.

Seems some weak hands have liquidated the market already, but we move regardless, the moon will be our starting point

Sight you @Infofront, WO originator!

[OgNasty]

It's amazing that you dollar people already have a new ATH, while we euro people are still 10k short.

well hey we work with what we have..

iow.. still happy enough here  

Ya, because a strong dollar is the goal when we’re nearly $40,000,000,000,000 in debt… Imagine being proud of being a fiat bagholder while the US is printing money and stacking BTC. Europe is failing in every way and a strong currency while your manufacturing is disappearing is not the strong position some think it is. This is why Europe is 50 years behind. They’re playing checkers while the US and China are playing chess.

It actually highlights how complicated global finance has become. it is true the us $ remains dominant in market, it comes with trade-offs like a vast national debt & aggressive monetary policy

On the flip side a stronger € does mean slower BTC gain for EU holders in fiat terms, but it also reflects partially unyielding fiscal control

At the end of the day, Satoshi built Bitcoin to rise above these fiat battle utterly whether you are stacking sats in USD, EUR, or any other currency, the long term goal is financial sovereignty

Indeed those are good points. For Europeans looking to flee before it completely falls apart it even can be viewed as an opportunity. Looking forward though, you’re getting a preview of what actions each government will take as fiat continues to crumble. If Game Theory in Bitcoin becomes a thing, there will be very obvious winners and losers. We’re seeing the writing on the wall now.

[aesma]

About the dollar, yes the trade deficit is inherent to the reserve currency status. You can't have one without the other. Unless going to a non inflationary currency I mean.

The fiscal deficit in the US isn't related though, US governments/politicians are simply spending like drunken sailors while refusing to tax people and corporations an amount covering the spending.

I mean in the middle of discussing his big bill that will cut taxes and increase the deficit, what is Trump announcing ? The resuscitation of Reagan's Star Wars project, for basically an unlimited amount of money because that's what it'll take, are you kidding me ?

Euro people here but still glad about the ATH.

In an hospital bed right now but for good reasons, I'm doing various tests and will start on mounjaro to lose weight. So I'm fit when I retire early.

My tax euros at work.

In US you can get a prescription only if you are obese (BMI>30) or diabetic.
If you want just to drop 20-25 lb to "beautify" yourself (with ozempic or mounjaro), options are limited.
It's possible, but not optimal. Basically, you have to pay a lot: up to $1-1.1k/mo.

Yes I am way above that but not yet diabetic. I'm close enough that I could get ozempic for free however to lose weight it's a higher dose and mounjaro is what I got. About my tax dollars I was talking about the hospital, 4 days and many exams, I'm not paying anything. The drug is very new and not yet paid for by our healthcare system, there is hope it will be next year. As a consequence the price isn't regulated, first time in my life I'm calling pharmacies to price check... Fortunately the pharmacy down the street from home is the cheapest I could find, 240€/month

Good luck...notably, it is almost a miracle drug for most people.
I don't take it yet (would like to, though), but someone I know very well dropped 30 lb (about 14kg) on it (and not even the high dose).
main benefits: the cardio (no gasping for air) and much less stress on the knees.

Thanks. I'm betting on the miracle.

[philipma1957]

It's amazing that you dollar people already have a new ATH, while we euro people are still 10k short.

well hey we work with what we have..

iow.. still happy enough here  

Ya, because a strong dollar is the goal when we’re nearly $40,000,000,000,000 in debt… Imagine being proud of being a fiat bagholder while the US is printing money and stacking BTC. Europe is failing in every way and a strong currency while your manufacturing is disappearing is not the strong position some think it is. This is why Europe is 50 years behind. They’re playing checkers while the US and China are playing chess.

USA will default in 2027

all part of the plan.

[₿itcoin]

It's amazing that you dollar people already have a new ATH, while we euro people are still 10k short.

well hey we work with what we have..

iow.. still happy enough here  

Ya, because a strong dollar is the goal when we’re nearly $40,000,000,000,000 in debt… Imagine being proud of being a fiat bagholder while the US is printing money and stacking BTC. Europe is failing in every way and a strong currency while your manufacturing is disappearing is not the strong position some think it is. This is why Europe is 50 years behind. They’re playing checkers while the US and China are playing chess.

It actually highlights how complicated global finance has become. it is true the us $ remains dominant in market, it comes with trade-offs like a vast national debt & aggressive monetary policy

On the flip side a stronger € does mean slower BTC gain for EU holders in fiat terms, but it also reflects partially unyielding fiscal control

At the end of the day, Satoshi built Bitcoin to rise above these fiat battle utterly whether you are stacking sats in USD, EUR, or any other currency, the long term goal is financial sovereignty

Indeed those are good points. For Europeans looking to flee before it completely falls apart it even can be viewed as an opportunity. Looking forward though, you’re getting a preview of what actions each government will take as fiat continues to crumble. If Game Theory in Bitcoin becomes a thing, there will be very obvious winners and losers. We’re seeing the writing on the wall now.

well said dude

What we are witnessing now feels like a live stress test of global economic policies, Bitcoin is quietly becoming the benchmark here for trust in a world of depreciating fiat. You are right this is a glimpse into how different governments will respond under pressure & those moves will shape the next decade

For individuals especially in regions facing structural decline, it is not just about fleein, it  is about positioning wisely. Game theory is in motion  & those who understand BTC’s asymmetric advantage early are already a few moves ahead on the board

[El duderino_]

Resume the pump

[Arriemoller]

Sorry to urinate on the parade, but this is not a "real" ATH. The last ATH was an ATH in all currencies, this is only an ATH in USD.
So it's not bitcoin that has gone up in price, it's the US dollar that has gone down in price.

don't get me wrong, bitcoin is going up in price, and I'm glad it does, but it's not going up as much as it seems from a US dollar viewpoint.

[Arriemoller]

Congrats again gents!



WO is always right:

And welcome back in these here parts, @infofront! We've been missing you.
As we did @Arriemoller

Thank you, glad to be back.

[blomen]

my favorite thing about the ath's;

if bitcoin has reached ath, there is not a single person who owns bitcoin who is at a loss. everyone's cost is lower than the current price and everyone who owns bitcoin is in profit.

i would like to mention this because i think we will start to see ath's more often.

#HODL

[Biodom]

It's amazing that you dollar people already have a new ATH, while we euro people are still 10k short.

well hey we work with what we have..

iow.. still happy enough here  

Ya, because a strong dollar is the goal when we’re nearly $40,000,000,000,000 in debt… Imagine being proud of being a fiat bagholder while the US is printing money and stacking BTC. Europe is failing in every way and a strong currency while your manufacturing is disappearing is not the strong position some think it is. This is why Europe is 50 years behind. They’re playing checkers while the US and China are playing chess.

USA will default in 2027

all part of the plan.

I don't see it, honestly. If anything, it would be some other country or countries.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[d_eddie]

She takes a breather
Skinny bear up to no good
Tasting the bull's horns






#haiku

[cAPSLOCK]

Happy new ATH gentlemen. Much more ahead!


@ColinTCrypto
Hello impulse
$BTC

https://x.com/colintcrypto/status/1925206455684083898

We've seen so many of these models and things pop up and be accurate, but this one is different for a reason that I think is very important.

And it's not because it's gonna hold up. I think eventually it will diverge one way or another. It's just the way indicators like this go... When enough of us monkeys figure out what's happening and it changes the game.

But there's the key. There's going to be a lot of monkeys that this turns the light bulb on for them.

What is really changing here is the narrative   Bitcoin is becoming a global belief system when it comes to monetary truth.

Masses and masses of smart people are going to figure out for the first time here in 2025 that Bitcoin isn't going up. World fiat currencies are evaporating.

That chart, even to the extent it has stayed so close so far, is screaming that at the top of its lungs. So it's not going to even matter if we quit following it exactly because this isn't about the price. This is about how people think.

Pride is nice too though. 😜

[Biodom]

Here is one of the most outlandish predictions for the next 5 mo:

https://x.com/dotkrueger/status/1924839476796522632

I am not even going to post what he is actually predicting, check it yourself.
In short: calamity with a very high bitcoin price.

I would settle for half of the price (aka 300K) and no calamity.

[d_eddie]

Back to what I was saying about Metaplanet - that's the Japanese bitcoin proxy inspired by Michael Saylor's Strategy.

Some news about the stock market

Metaplanet is Japan’s Most Shorted Stock, Says CEO Amid Global Short Squeeze Speculation

You can read the linked article if you want to know more, but what happened is that several large hedge funds were shorting Metaplanet like mad. I'm not sure if they knew they were basically shorting bitcoin.
With the recent price surge and ATH, I wonder how well are those hedge funds doing.
This little episode could turn into a lesson in the general "Don't Short the Corn" subject, with an important generalization: don't short companies that have a bitcoin treasury. Don't short companies that act as bitcoin proxies. If it works, I think several other companies will feel safer from hedge funds' predatory practices.

I do hope those funds involved bleed to death.

[Hueristic]

my favorite thing about the ath's;

if bitcoin has reached ath, there is not a single person who owns bitcoin who is at a loss. everyone's cost is lower than the current price and everyone who owns bitcoin is in profit.

i would like to mention this because i think we will start to see ath's more often.

#HODL

It's times like these I actually do feel bad for Mindrust.

[pinhead666]

Wow good news BTC is moving forward to create a new ATH. You will all see the new ATH very soon.

BTC: 108.5k$+

[Paashaas]

The financial system needs a global resett.

Euro, Dollar, Yen, Pound etc will all be replaced with Central Bank Digital Currencies. Logical alternative in this digital age when fiat is doomed combined with unsustainable global debt.

It's going to happen. Preparations being made today for smooth transition.

It is vital and fundamental important that Bitcoin 2e layers will be successful because if you fix the money you fix the the world.