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

[philipma1957]

Good hockey game today.

USA won the gold, but I stopped watching it after they had a puck hit 2 posts and not go in.

I thought my natural enemy Canada was going to handed a win by the hockey gods.



BTW to be clear unlike the Don I do not believe Canada is my natural enemy.  I was exercising simple sarcasm.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

Good hockey game today.

USA won the gold, but I stopped watching it after they had a puck hit 2 posts and not go in.

I thought my natural enemy Canada was going to handed a win by the hockey gods.



BTW to be clear unlike the Don I do not believe Canada is my natural enemy.  I was exercising simple sarcasm.

I went to go see the fights once and a hockey game broke out.

[philipma1957]

Good hockey game today.

USA won the gold, but I stopped watching it after they had a puck hit 2 posts and not go in.

I thought my natural enemy Canada was going to handed a win by the hockey gods.



BTW to be clear unlike the Don I do not believe Canada is my natural enemy.  I was exercising simple sarcasm.

I went to go see the fights once and a hockey game broke out.

Do you have any kids?


Cause that is sure as fuck a dad joke 😃

Off topic but here goes.

2 foot snow storm centered on Monmouth and ocean county for max snow fall of close to 30 Inches right on howell nj is coming tonight.

I guess I pissed off trump and he is calling the snow gods on me.

Fuck at 69 years old I do not feel like cleaning up 2-3 feet of snow.

Making some steaks for dinner.
Making some eggs for lunch.
Charged all batteries.
Turned the heat way the fuck up.
Got shovels ready
Got an electric snow blower . Should be fun to use this.

Storm peak should be 11pm to 7am.

[Bigjoe158]

The U.S. President has the statutory power to retaliate swiftly without waiting for new legislation from Congress. The SCOTUS has no say-so about the POTUS using Section 338. The use of Section 338 is totally at the discretion of the president - Period.

We, the people of the Earth, don’t give a flying fuck about your dictator’s-tyrant powers. Capisce?
Can you suck my digital dick next? Pleeease?

Hey Buddy!, I saw that today's opening was a little below last Monday's opening

Hey bud, I really dislike your username, can you elaborate on what it means for you?
Thanks.

tl;dr: This is fine (for both low-coiners and coiners). Wait it out. Don't do anything stupid!

+1 WO’s merit, but I guess Hueristic going to the casino for 3 days, is far more meritable than what you just wrote.

Certified diver idiot ….

FTFY.

Yo, Bigjoe158, check out the merits given today, by this pathetic narcissistic attention whore, who can only talk about himself, and the smartest thing he has ever done - was buy Bitcoin at the right time. He falls into the useful idiot category.

PS1: hiking on flip flops, is not very smart, is it? You’ll learn.
PS2: nice male body you got there - microgoosesns - too bad your large squared head is full of shit for brains.



Sunday reads:

From Blockchain To Ball-And-Chain: Are We Being Borg'd?

Blockchain is often sold as a liberating technology. It’s sold as a super-secure, shared digital notebook where transactions get recorded in unbreakable blocks that form a chain. These spread across thousands of computers worldwide so no single boss can tamper with it. It promises privacy and freedom from banks or governments. But from my skeptical angle, like the one Whitney Webb takes, it’s actually shaping up to be a high-tech ball and chain designed to track and control every aspect of our lives. This happens despite those privacy boasts. While blockchain claims to be decentralized and anonymous, most versions, like Bitcoin’s, create a permanent, public ledger where every transaction is traceable forever. This makes it easy for powerful entities from governments to corporations to follow your money trail. They link it to your identity through exchanges or data leaks. They can build detailed profiles on your habits, associations, and whereabouts.
Elites are co-opting this tech. They push for things like central bank digital currencies built on blockchain that tie your finances to digital IDs with biometrics. This turns everyday spending into a surveilled activity. In the future non-compliant behavior like buying the “wrong” things or associating with certain people could get you flagged, frozen out, or punished.  This could mean a world where your blockchain-tracked data feeds into AI systems that predict, manipulate, reward or punish your actions.

The ultimate goal is to enforce rules through programmable money. The programmable money can expire, restrict purchases, and track everything you purchase automatically. This is being pushed under the guise of security and efficiency. Critics on X say that because blockchains are so public and open, it’s easy for others to watch everything you do and even jump ahead of your trades to make quick money off you.
They argue that without true privacy, decentralization just hands control to the most resourced spies. This echoes Webb’s expose on how Bitcoin’s traceability makes it a tool for destroying real financial privacy in favor of elite-controlled systems.

Expose their plan before it’s too late. 
Don’t let them Borgify us and turn free humans into obedient, trackable nodes in their machine. Don’t let them steal nature and turn it into a commodity for the elite. Get active locally. Resist immediately. Slow their rollout to a crawl. The future isn’t theirs yet. We claim it by saying NO!
Resistance is NOT futile.
We will NOT comply.

Honestly, I’d go down on Witney Webb.
But the questions arise, how to resist, why is it not futile, and how do you not comply?

Well, Joey is on to something:

Capital Controls Are Already Here and No One Seems to Care

Every layer of the capital control stack depends on a single architectural assumption: that your money lives inside institutions. Banks hold your deposits. Brokerages hold your investments. Exchanges hold your crypto. Processors move your payments. And because your money sits inside these intermediaries, it’s subject to every regulation, reporting requirement, freeze order, and screening mechanism those intermediaries must comply with. The entire control apparatus is built on the chokepoint of institutional custody.
Bitcoin breaks that assumption. Not partially. Completely.
When you hold Bitcoin in self-custody, your wealth exists as information protected by cryptography. There is no intermediary holding it on your behalf. There is no bank to receive a freeze order. There is no account to close. There is no institution sitting between you and your money that can be pressured, fined, greylisted, or threatened into cutting you off. Your keys, your coins. That’s not a slogan. It’s a description of how the protocol works at a technical level.

Go back through the stack and test each layer against self-custodied Bitcoin.
The identity layer requires KYC at every financial institution you touch. But Bitcoin doesn’t require an institution. You can receive it directly, peer to peer. You can generate a wallet with no ID, no application, no approval. The network doesn’t know your name and doesn’t need to.

Every other financial asset you can name (every stock, bond, bank deposit, or piece of real estate) exists within a legal and institutional framework that governments control. They can change the rules on taxation, restrict your ability to sell, freeze your account, or dilute your purchasing power through monetary expansion. You participate in the financial system at their discretion.

Bitcoin is the first asset in human history where that’s not the case. Not because of any legal protection (governments can and do regulate on-ramps and off-ramps), but because of how the technology works. The protocol doesn’t have a “comply with government order” function. It simply validates transactions according to mathematical rules.

I hope it’s clear for the BTCelephant.in.the.room
#self.custody
#btc.is.the.backbone

And since we’re on bombthrower:

The Epstein Egregore

I thought that belief in a vast, overarching conspiracy of powerful elites who controlled everything was Loserthink. It ingrained a sense of helplessness in the believer, which made them ambivalent and docile.
Now I realize that I’m the loser – at least in the eyes of everyone in The Club, because there is now no doubt, except to the willfully ignorant – that The Club exists, and the entire political ruling class, the corporate oligarchs, the TED-class influencers and CNN talking heads and panelist experts, are all in it.
Seeing now that The Club exists, and whatever is behind it pulls the levers of power, narrative, and money itself, doesn’t make me feel helpless after all.
It makes me angry. As it likely does for a lot of people.

My next piece explores a strange new social construct about to enter into competition with other established sovereignties. My purpose here is to convince you that its emergence is probable, if not inevitable. I begin this exploration with an unproven assumption based on game theory and simple incentives: a new class of irregular sovereigns will appear on our planet, an evolutionary prototype designed to oppose Luciferian predation. Another assumption then follows: these factions will evolve gradually and incrementally from largely compromised nation states, just as we apparently evolved from previous obsolete governance structures. A further assumption suggests that these groups have already appeared as evolutionary prototypes, as guerrillas with advanced methods of resiliency and new forms of communications and asymmetric tactics designed to support and advance their insurgency.

Way to go Mark, +1 WO’s merit.

Fuck your constitution and all that. Trump is a tyrant that is scared of other countries. He always see a country that he cannot gain anything from them as a threat to the USA.. Trump likes power and intimidation. Trump want the world to be scared of USA. He has sent men probably with women to go die for USA while he sits with his God forsaken ass sipping wine or coffee at home. I have said it before and i will repeat it again that Trump is a bigger problem to the world than Iran

[hisslyness]

Certified diver ….

Actually opened a new world for me

✅

Now we are going to have to find you under water as well!!!!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

Phil, i understand your point, i don't even want to argue about tariffs or their percentage, but you know who is effectively paying for them, don't you?

I have paid 10k directly on Chinese mining gear. So I certainly paid some of the Trump tariffs.

And I drink a lot of coffee Trump taxes Brazil 50% coffee went from 10 to15 a bag I pay that.

My wife and I buy fruit from overseas We pay that.

Pc components are way up.

Samsung ssds have mooned In price I pay  that.

I estimate

20k in tariffs due to Trump and Biden.

I estimate I use 12,000÷50= 240 gallons of gas I save a dollar a gallon. 240 in savings.

So 20,000-240= 19760 in the hole.

And over 21,000 profit on silver.

Plus 1,240

Hard to figure trumps tariffs on btc but when Biden left last Jan btc was 106k

It is now 68k

If I choose to blame Trump for that drop and I have 1.5 coins than he cost me over 1.5x38k or 57k

I DO NOT CHOOSE to blame Trump for btc drop.

So I would say I am up 1260 from Trump tariffs.

Well argued, but you're not the only american paying these taxes directly or indirectly.
Also, i didn't want to make that a Biden vs. Trump argument. I also don't even tie BTC price to any presidency. Not because i deny a correlation, but it's just a little outside the scope of my argument.
Please don't forget the proceedings of refunding taxpayers for incorrectly (and wildly) raised taxes will likely cost the USA (taxpayer) substantial amounts, too.
It was just a stupid idea of Trump to use those tarrifs like weapons against countries not agreeing to his demands.
This actually was harming the american economy more than his "enemies" he claimed to hurt with those stupid tariffs.

I feel good for you that your balance is net positive on this, but it could have been more positive without raised tariffs, which were undoubtedly raised illegally, no matter how Don is framing the supreme court's decision.  

What's with the transexual butterfly?

Never thought it was a transsexual fairy. Just an ugly one.

Interesting.

Makes sense. I thought that fairies were traditionally male homosexuals. That one looks like it identifies as female.

That makes it a tranny, right?

Not so fast.
I have seen plenty of men with boobs at the beach, so...

As long the fairy doesn't sport four lips below the belly region, it's not certainly a female.


The BTCUSD daily doesn't quite look like an upcoming reversal to me, anyone of the chart analysts in these here parts has any opinions on this?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vapourminer]

Off topic but here goes.

2 foot snow storm centered on Monmouth and ocean county for max snow fall of close to 30 Inches right on howell nj is coming tonight.

nor'easters. bleh.

blizzard warning here. 1-2 feet on top on the foot or so thats still here.

[AlcoHoDL]

Sunday in the red.
No roller coaster in sight.
Tumbleweeds rolling.

Don't try to fix it.
Bitcoin ain't no dishwasher.
Plungers can't do shit.

LFC gets it.
He buys, he sells, his stash grows.
This game's too easy!

Cycles do exist.
validation.cpp
GetBlockSubsidy()

Sparkle Fairy's back.
Her wand looks nice and shiny,
And she ain't no trans!

Yes, it's frustrating.
We all want the price to rise.
And it will, in time.

Don't despair, WOers.
It's going up forever.
Zoom out, chill, believe!

#7wodigestsundayhaikus

[Biodom]

for f.. sake....either it cycles or it grows, not both.
Oil cycles and it is below 2008 level.
That's a typical commodity behavior.
Want the same future for bitcoin?

"Magical" 30mil "controlling" 100bil daily trade?
Oh, my!
OG sold...f-k them, they should have sold 100% so we can began anew without preordained (in their minds) cycles.

67K in 2026 vs 68K in 2021 is pathetic...no growth really.
Playing with 200wma does not help anyone as everyone (except a few) look at spot to buy/sell/evaluate.
Does anyone buying gold was looking at 200wma? Of course, not.

No wonder retail is gone...don't bash retail...they have a nose for it and "made" bitcoin what it is.
Cyclists basically drove retail away.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

Off topic but here goes.

2 foot snow storm centered on Monmouth and ocean county for max snow fall of close to 30 Inches right on howell nj is coming tonight.

nor'easters. bleh.

blizzard warning here. 1-2 feet on top on the foot or so thats still here.

A backyard snow shot from South Lake Tahoe of a little critter out searching for some food in the snow.




Can’t forget about the bears out front either… Always an adventure walking around a corner and coming face to face with one of these beasts. They’re actually pretty friendly. Always walking around the community and never an attack.

[OgNasty]

Cyclists basically drove retail away.

Nah, we ate their lunch.

[Ermaios]

Hi Man! maybe you dont like, because you thinkthat my user name is this:?>>>
Environmental, social, and governance ESG

Well yeah, that’s why asked, giving room for a mistake - because your posts did not follow suit with the underlying username.

But No!, my user name is the first letters of my name, and the first is ~

OK then!
You could have just gone for - “it’s my initials” or “not what it seems”, but never mind.
You can call me Neo.

If humanity really wants to get rid of the controlling power, the first thing to do is to tear down all the wireless transmission towers that make up the worldwide broadcast network, (Read about biosensors) after this first step is completed, the second part is to prevent them from building new towers or other methods of wireless data transmission. By doing so, more than 50% of the path to a free humanity will be completed...

I hear ya!
But the problem is not only wireless, it’s these massive spying data centers, i.e. Echelon, Pine gap alike. These are all wired - intercontinentally.

But the hardest part is to unite humanity, since every day the human being wakes up with the purpose of attacking someone and feeling good about harming others, as an individual ecstasy, forgetting the power of union, the individualization of the being, is financed by governments day after day, consume, obey and do not question!

Ah, that will only happen after the shit has hit the fan, unfortunately. What’s left of it … will unite … to survive.

Now we are going to have to find you under water as well!!!!

Code:

ping pine.gap operator -t

The way the dude’s privacy is going, I wouldn’t be surprised if he had a boating (or hiking) accident for real.
Then we could put him up for a Darwin award, which I bet would win with flying colours.
#sorry.dude
#compulsory.bitch.slap

Fuck you, you stupid low-IQ scumbag asshole...

Hey, I thought jsnowg and OOM were the low-IQ scumbag assholes.
Your ass belongs to me - motherfucker - along with your shilling propaganda. Now piss off where you came from.
#cunt
#suck.your.blackrock.buddies



Fuck the queen!
Has anybody watched the film I swear?

[JayJuanGee]

Can anyone from a psychological point of view, explain to me why I get such a hard on - whenever I see or hear that Pam Bondi bitch?
#skull.fuck

Because you are demented and attracted to retarded people / retarded ideas.

Scam calls/emails are increasing in volume and sophistication.
It seems that at some point much more people will get hacked one way or another.

Re bitcoin...it seems that it "wants" to bump to at least 72K (20% up from 60).
At that point, it would "decide" to either continue plunging or stabilize.

Most trading individuals are on a simplistic side..."it would do what it has always done: -70-80%".
I wonder if bitcoin is capable of behaving in a contrarian fashion, because the "consensus" of cyclists is 29-38K (-77 to -70%).
To me, this would be a test of bitcoin's ability to do something unexpected.

I surely wouldn't touch it with new buys at 29K as miners would be severely damaged, imho, and the whole "store of value" concept would be jeopardized as well since there is no FTX excuse this time.

I agree with you that getting into something like $29k to $38k, even on some kind of a rapid spike down, would be a "horey fuckin sheit" moment, yet i am not sure about any lack of recovery from such outrageousness, and since bitcoin has a difficulty adjustment, there likely would be some miners who would be ready, willing and/or able to continue their mining pursuit - even though surely a large number would be run out of bitcoin, if such range were to last more than a spikening.

Contrary to others here, I think that buying on the down-slope is the invitation to ruin.

That's why you only have 20 bitcoin - sucks to be uie-pooie.   

 

This is fine.

I get a bittersweet feeling when reading WO lately. Too much negativity.

I can understand the frustration of observing the price going down.

I remember my late father's advice when I was a kid: "son, if you don't want to worry about school, you either study hard and be the top of your class, or don't study at all, be at the bottom. If you aim to be average, you'll always be stressed and worried."

I can see how low-coiners get stressed and worried about the price going down. Their 0.2 ~ 2 coins are not worth as much as they used to a few months ago. They blame Trump, Epstein, Iran and China. They talk about cycles existing or not existing, and how Bitcoin is doomed to fail. They may even be considering selling it all.

In my view, coiners (octopus level -- 10 coins -- and above) should not need to worry. If cycles exist: good -- time to buy more coin, and/or take a break, chill, fly to some exotic island. If cycles don't exist: good -- an ATH is coming soon to an exchange near you. Do it like The Dude and LFC_Bitcoin.

Low-coiners too. Remember the last ATH. How did you feel then? Another one will come. In one year? In 3 years? I can't answer that (but you know where I stand). Either way, it's a win-win (or a win-delayed-win). Don't be grouchy. Wait it out. And, Phil, don't you dare sell anything!

Most of us have been here almost since the beginning. We've survived through long winters, witnessed coiners getting mad and selling it all, and many of us who are tech-savvy and can read code have used it to our advantage, to accumulate more coin. Zooming in, things get too noisy. Zooming out, things get more predictable. WMA-200 comes to mind. No, there's no need to worry. Buy when you can, sell when you must. Worst case scenario: 3 years of tumbleweeds. Been there, done that. Life doesn't stop between ATHs. Be the top of your class.

tl;dr: This is fine (for both low-coiners and coiners). Wait it out. Don't do anything stupid!

I am a wee bit concerned about a couple angels of your post, AlcoHoDL.  Sure I agree with your overall HODL and don't SODL perspective, yet at the same time, it seems to me that if a guy is in the 0.2-ish to 2-ish coin accumulation place then he may well need to continue to focus on ongoing, persistent, consistent, regular and perhaps even aggressive buying of the cornz.

Surely, there is a lot of variance in ability to accumulate, including the amount of time that guys have been accumulating  - so surely there are a lot of folks who do not have the luxury of decently-sized discretionary incomes that may well allow them to put a year or more of their income (perhaps even a couple of years of their income) into bitcoin in less than a 4 year cycle, so these level of not well-to-do people are ONLY able to invest into bitcoin from within the bounds of the discretionary incomes as they come in which may potentially allow them to invest around $100 per week or maybe $10 per week or some other amount that would still end up requiring them to invest into bitcoin for at least a couple of cycles before they really start feel that they are making reasonable and/or meaningful progress.

Frequently, I like to consider the aggressiveness ability of a person to be able to accumulate bitcoin in terms of percentages, so surely anyone investing less than 10% of his annual income into bitcoin is likely going to take in the ballpark of 10 years or more to achieve the getting of 1 year of their income into bitcoin, so it becomes difficult to imagine how these days they would be able to stop accumulating until they got somewhere in the 10 year's of accumulating territory.

Surely, guys who are able to invest at higher percentage levels, such as 15% to 25% of their income, then they are going to end up getting 1 year of their income into bitcoin between 4 and 7 years, so they increase the likelihood that they are going to be able to transition from primarily accumulation status and into HODL and/or just buying on the dips status.

So, I do think that there is some importance to emphasizing the need to continue to accumulate for the low coiners, even though surely it is within their own discretionary determinations in regards to how aggressive (or whimpy) that they might want to be in terms of ongoingly building up of their bitcoin stash, as compared with other places that they might consider putting their value.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

LFC gets it.
He buys, he sells, his stash grows.
This game's too easy!

He's gotta be Omnipotent.

No?

for f.. sake....either it cycles or it grows, not both.

Sorry to break the news to you.

The world is not so simple.

This time, it happens to be "both."

Oil cycles and it is below 2008 level.

Bitcoin no isn't oil.

That's a typical commodity behavior.
Want the same future for bitcoin?

I will grant you that bitcoin seems to be a kind of a commodity, yet have you observed some kind of a non-physicality feature of bitcoin.

"Magical" 30mil "controlling" 100bil daily trade?
Oh, my!
OG sold...f-k them, they should have sold 100% so we can began anew without preordained (in their minds) cycles.

Seems to me that it is better to take these "stories" with a decently large grain of salt.

67K in 2026 vs 68K in 2021 is pathetic...no growth really.

You know what is pathetic?

Your spin.

Playing with 200wma does not help anyone as everyone (except a few) look at spot to buy/sell/evaluate.
Does anyone who was buying gold was looking at 200wma? Of course, not.

Perhaps the 200WMA works better in bitcoin based on it still be such a goddamned new asset (and new asset class), so there are some struggles to figure out how to use the various tools involving various network effects (such as the seven outlined by Trace Mayer).... which justifies both treating an early stage growing asset from a quite mature (and potentially dying) asset class.

No wonder retail is gone...don't bash retail...they have a nose for it and "made" bitcoin what it is.
Cyclists basically drove retail away.

Sure.  Retail is gone, until they are not.

I am thinking that it is probably not healthy to fight dee cornz, including some level of irrationality that exists within all markets, not limited to bitcoin.