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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

Now we're talking, ChartBuddy 
Add some fuel to the chopper!

[BTCETFInvestor]

Hello $121k    with volume of $70B and price up 3% in past 24h. 

[OutOfMemory]

It's never too late to become a WO.

Once you are through, you will be a different kind of man, mostly in better ways.

EDIT: This shouldn't come off too pathetic, though.

EDIT2: Shorts are getting thinner. A bit more of this and we break the ATH.

[OgNasty]

As Bitcoin rips to all time highs I wanted to say that one of the greatest blessings in life is to be in a position to help others. We all have people in our lives who could use a little help from time to time. It is great to celebrate with expensive drinks or fancy meals, but the ultimate happiness comes from helping those in need. Do something nice for someone who needs it today.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[aesma]

Convincing foray over 100K€ this time, let's go !

[El duderino_]

There really is something quite beautiful about seeing Bitcoin at $120,000.

We still have one more big, explosive leg upwards in this bull market too. I’m thinking maybe a slow grind up to $130,000 in the first two weeks of October and then the big push, blow off top to $160,000 or similar in late October to early November.

Indeed. I get excited at $120K, which probably means I am holding too much Bitcoin. I am keeping my eye on the exit though. I do not believe that we are in a supercycle and think that regardless of how high Bitcoin gets, it will be lower than it is now in 18 months. I do think we’ll hit $140K before this run is over and that is the price where I’ll start finding it difficult to hold on for dear life.

I do understand though I will hold on to 75% of current stash.... I already sold some at previous prices that were this high and a little lower... now the max of current stash to sell = 25% but @ prices around 140 and up a bit... if I don't meet targets I have no regret as I did sell already to live my life as i'm used to... I also don't need more to sell or it must go extreme.... though the more I'm selling now would only be to buy back lower as I have no needs IRL which I cannot handle as how it is from now.

[OutOfMemory]

There really is something quite beautiful about seeing Bitcoin at $120,000.

We still have one more big, explosive leg upwards in this bull market too. I’m thinking maybe a slow grind up to $130,000 in the first two weeks of October and then the big push, blow off top to $160,000 or similar in late October to early November.

Indeed. I get excited at $120K, which probably means I am holding too much Bitcoin. I am keeping my eye on the exit though. I do not believe that we are in a supercycle and think that regardless of how high Bitcoin gets, it will be lower than it is now in 18 months. I do think we’ll hit $140K before this run is over and that is the price where I’ll start finding it difficult to hold on for dear life.

I do understand though I will hold on to 75% of current stash.... I already sold some at previous prices that were this high and a little lower... now the max of current stash to sell = 25% but @ prices around 140 and up a bit... if I don't meet targets I have no regret as I did sell already to live my life as i'm used to... I also don't need more to sell or it must go extreme.... though the more I'm selling now would only be to buy back lower as I have no needs IRL which I cannot handle as how it is from now.

Bitcoin is not only an investment or a store of value, it's a lesson in life.
Remember all the highs and lows?
And you, respectively, have witnessed some more than me.
It's also the lessons learned by others' lessons, like mindrust, elwar... (as some brief examples) that, if learned well, gives us confidence, and also experience.
Bitcoin is a just a different pair of shoes, not only in this regard, but also unique and thus unable to compare.
I'm so glad to be able to live in these exciting times. This and keeping out of the "flooded with shit"-zone enables one to live a satisfying life.

(Edited some details and errors)

[JayJuanGee]

Is that what a sell wall is supposed to look like.   Not a wall but more obvious then normal, thats just the range boundary we've had for a while.  It can be beaten and some of it will fall down in the attempt imo.

Dollar Index is weak, it did attempt 100 in late July but currency continues to fall away in value. A few people have pointed out much of the price rises behind inflation have been delayed and likely still ahead of us.

Bitcoin doesn’t go up merely due to dollar debasement and/or inflation. It is also a new paradigm shifting asset/currency that’s beating up other assets | currencies while it is maturing and gaining adoption.

[OutOfMemory]

Is that what a sell wall is supposed to look like.   Not a wall but more obvious then normal, thats just the range boundary we've had for a while.  It can be beaten and some of it will fall down in the attempt imo.

Dollar Index is weak, it did attempt 100 in late July but currency continues to fall away in value. A few people have pointed out much of the price rises behind inflation have been delayed and likely still ahead of us.

Bitcoin doesn’t go up merely due to dollar debasement and/or inflation. It is also a new paradigm shifting asset/currency that’s beating up other assets | currencies while it is maturing and gaining adoption.

I wouldn't say it's beating up other assets, but it's outclassing them.
Unique fundamentals. The perfect Black Swan candidate.

EDIT: The rusty pipe (tm) which Satoshi Nakamoto invented is slowly paced but painfully long.

[JayJuanGee]

@OgNasty - It would clearly be bad mistake selling at $140k when 7X that amount ($1 million) is just six or 7 years away in 2031/2032 - unless of course you don't expect to still be around then.  

You must be very young. It's not about still being around. Go through a pair of cycles, add 10 or so to your age, and you might begin to understand some grown up talk.

You must not have seen the posts in which BTCETFInvestor had already told us that he is investing 8 figures, which surely strongly suggests that he is either a grown up or he is a very smart youth..   

oh you read his posts... you are really working your ass off aren't you..

...so he is actually an ultra rich merit farmer ??

For sure he is “very” special.  I am not going to deny that.

[JayJuanGee]

You must not have seen the posts in which BTCETFInvestor had already told us that he is investing 8 figures, which surely strongly suggests that he is either a grown up or he is a very smart youth..    

oh you read his posts... you are really working your ass off aren't you..

Sometimes JJG feels like a superhuman bot. I'm sure I'm the first to say that here.
EDIT

@d_eddie - I treat investing as a game, and I enjoy winning at it!  

I see. Many here treat investing as a way to improve their lifestyle. That's why you sometimes don't get it. It's like giving up one trick in bridge to make sure you don't give up more, so you fulfill your contract.

@d_eddie - I totally understand that many here treat investing as a way to improve their lifestyle. My lifestyle has been gratifying and rewarding for so many years that I no longer have a desire to improve it further - therefore I treat investing much like a fun game or a hobby.    

As strange as it may seem, I enjoy the excitement of market volatility - creating big paper gains and big paper losses, which over the years I became immune to that commonly happening. I also enjoy moving income money from various sources around to better invest it.  

I just looked at my brokerage account where I have 5,950 shares of Fidelity spot Bitcoin 'FBTC' with a cost basis of $95/share . The share price at yesterday's close was $102.51 - it has gained $1.79 to $104.30 this morning for a nice little gain so far today of $10,650.  Looks like it might hold or increase even more since the spot ETF tracts the price of BTC nicely.

To be a fairly late investor in Bitcoin via shares of a spot ETF, as of this morning I have a nice gain of about $58k or 10% on my $565k investment.

My investment synopsis for buying the spot ETF is that about 1,146 shares of FBTC equals the price of one Bitcoin (i.e. BTC price $119,600k ÷ $104.30=1,146). I wanted to invest in the equivalent of 5 BTC which I have with my 5,950 shares of FBTC (5,950 ÷ 1,146 = 5.2 BTC).        
 

Hopefully this makes sense coming from a seasoned investor with decades of experience...  

From now on when I see posts from BTCETFInvestor, I will need to consider, “ oh?  There must be some validity in that, since he’s “seasoned investor with decades of experience.”

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Yorubek]

https://x.com/BitcoinNewsCom/status/1973854959654654101?t=19

[Gachapin]

Just heard that Pavel Durov (Telegram) is living off Bitcoin because Telegram isn't making enough money for him...

https://youtu.be/qjPH9njnaVU?si=ckUPgZnhwWES8Nk1

He said that he bought 3k btc in 2013(or 2014?) for $750/btc...maybe followed T. Draper who bought 30K btc around that time.
A nice chunk of "change" now.

in another interview he said that he has been buying constantly after that with spare money and that most of his networth is in BTC and other investments...

[vapourminer]

Hopefully this makes sense coming from a seasoned investor with decades of experience...

“seasoned investor

does that mean when someone comes alone and eats his lunch its actually a tasty victory?

unsure of these financial fancy schmancy words and titles and such.. forgive my ignorance.

[Searing]

$118K

Does he even have bitcoin anymore after Gox?

[Gachapin]

In a note sent by Citi to clients today, October 2, 2025, Citi forecasted that Bitcoin will reach $181,000 within 12 months. That's a 50% increase in 12 months!

The bank also set a year-end 2025 price target for Bitcoin at $132,000.

Citi pointed to growing interest from institutional investors and financial advisors as a key driver for Bitcoin.


It looks like Citi is in agreement with many other experts on the price prediction for Bitcoin 12 months from now in October, 2026:

Sent by an overworked analyst or a person who doesn't understand math:

how could the average price number for a certain month be bigger than a maximum number?
Check out their Jan-April numbers, lol

something in the story of that BTCETFInvestor with decades of experience doesn't add up... just saying    

seen too many shit talking wannabes in the WO...

[Searing]

https://x.com/BitcoinNewsCom/status/1973854959654654101?t=19

LoL...this is exactly what I did...I do this with all such money that is unexpected and falls from the sky...also property tax refunds...and things like

the above.....good to know what it is worth now...I would have never bothered to look in that basically forgot until this post. Sent you some merits.

brad