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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[somac.]

Must be related to Trump's Iran bullshit. Or could just be the usual Sunday dump I guess.

Picked up some dip.

I am waiting to see if we go under 64k we may as silver and gold are whaling. if we go under 64k I will buy more.

Good chance we'll get there, but there can't be too many panic sellers left anymore to keep pushing this shit lower so you never know.

Still silver and gold went up a lot in the last few hours. they are really hurting price.

Silver any buy in 2021 22-28 bucks an oz

now it is 87 an oz

btc had a 35-69k range in 2021 now it is 64.4K

Yeah, Bitcoin's performance has been subpar for sometime now, it has not gone unnoticed by the masses or big money. Perhaps we are having an identity crisis. No store of value no use case. Of course, we know different but the morons that make up most of the planet don't seem too. Or maybe we are the morons. Time will tell.

[Biodom]

Must be related to Trump's Iran bullshit. Or could just be the usual Sunday dump I guess.

Picked up some dip.

I am waiting to see if we go under 64k we may as silver and gold are whaling. if we go under 64k I will buy more.

Good chance we'll get there, but there can't be too many panic sellers left anymore to keep pushing this shit lower so you never know.

Still silver and gold went up a lot in the last few hours. they are really hurting price.

Silver any buy in 2021 22-28 bucks an oz

now it is 87 an oz

btc had a 35-69k range in 2021 now it is 64.4K

Yeah, Bitcoin's performance has been subpar for sometime now, it has not gone unnoticed by the masses or big money. Perhaps we are having an identity crisis. No store of value no use case. Of course, we know different but the morons that make up most of the planet don't seem too. Or maybe we are the morons. Time will tell.

succinctly stated.

[philipma1957]

I can be pretty fucking stupid so maybe all these years will all end up as a fucking waste of time.

oh well.

at least we have other assets .

I am not all in on this. the

[Biodom]

I can be pretty fucking stupid so maybe all these years will all end up as a fucking waste of time.

oh well.

at least we have other assets .

I am not all in on this. the

That would be an ultimate "joke", sure.

Especially, if we would literally not have money at all in the economy...which is what Elon keeps saying...then, of course, he says gibberish like "energy would be money", which is nonsensical for a single individual without large holdings of "stuff", unlike Elon himself.

I've got pension, social security, steady job (for now), some diversified assets, so I would survive too, but i would be probably annoyed by the whole "shtick" if that de-monetization would happen.

[BTCETFInvestor]

Miner Bitdeer sold all its Bitcoin holdings, issuing $325M in bonds for AI infrastructure. This action has increased supply-side pressure on BTC.

Bitdeer reduced its entire BTC holdings to zero and issued $325M in convertible debt to fund AI infrastructure expansion. The CEO signaled future re‑accumulation remains possible. 

Large miner sell‑offs materially increase supply-side pressure and weighs on BTC price...

[Biodom]

Former miner Miner Bitdeer sold all its Bitcoin holdings, issuing $325M in bonds for AI infrastructure. This action has increased supply-side pressure on BTC.

Bitdeer reduced its entire BTC holdings to zero and issued $325M in convertible debt to fund AI infrastructure expansion. The CEO signaled future re‑accumulation remains possible. 

Large miner sell‑offs materially increase supply-side pressure and weighs on BTC price...

FTFY

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

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.  
 

Even with your theoretical scenario (that I told you many times is inaccurate), it's seems to be bigger than 0.63 btc that you self-ascribed, unless you are just making fun of everybody here by repeating this...which seems to me to be a bunch of hooey.

Why get so upset?

You are suggesting that I wasn't being fair in the point(s) that I was attempting to make?

Typically i leave bygones be bygones, but due to you constantly alluding to some nonexistent bitcoins in my name, what 's your real number @jjg?

That is not very nice.

You are being a meanie today.

Didn't I say, on several times, it is more than 0.63?... and at the same time, when the price goes down I buy, and when the price goes up I sell, so even though I sold all the way up to $124.5k, my amount never went below 0.63... so what moar do you need to know about that?

Reveal, or please don't talk about other people "numbers"...a friendly suggestion.

Are we not talking hypotheticals.. .So you don't want me to use that 20 hypothetical anymore?  The 20 BTC hypothetical represented whimpy guy with one lump sum.

Remember we have an ongoing hypothetical of a guy who bought around 20 BTC for around $300 each in 2015.. so therefore a total of $6k invested for that guy..and yeah, I connected the guy to you, since you mentioned such a guy in the context of wanting the BTC price to go up to $10 million per coin.. so then the guy would have $200 million.. . 

We can compare that guy to other kinds of guys.  It comes in handy to have some references, even though maybe such reference gets brought up in terms of you.. (which sure I have been doing that.. I admit it.. but there is some artistic liberty in there, too.. as you should realize without getting all worked up about it).

Over the years, I had built up several counter examples around such a 20 BTC guy, and now you want me to just throw that comparative example away?

Sometimes, you are absolutely no fun.

By the way, there are likely only a couple of the regular guys in these here parts who want to get into any serious specifics, and it has been years and years and years that I have been throwing out a variety of examples, and surely there are also times in which some of us (including yours truly) want to consider changing the examples.. since surely there are a lot of newbies who will be struggling to get to 1 BTC, even with some of our recent price drops and even the right around halvening of the price (as compared with October 6, 2025).

[edited out]

I mostly disagree, not surprisingly.
To me, this "cycle" is a test.

Yeah it seems that we are getting into head-butting territory.. but what else is new?

We can all be lovey dovey agreeable when the BTC price is generally headed up, yet the tensions can kick in during the downity ( and the not going up) times.

And, "we" can come up with various theories, but it is not like having a theory causes any of us to be a genius, since our theory may well not be agreeable to others.

By plunging vs booming stock market and gold, bitcoin is putting itself in the "niche" status.
At 1.352 tril, not many people (relatively speaking) would care, really.
It is quite possible that E. Warren and Gensler et al meddling in 2020-2024 killed the momentum.
Taxation of tx maybe was one of the underlying causes.
I don't know, but bitcoin seem to lose it's mojo.

If stablecoins (which are inherently stupid, btw) would be anointed as the"kings" of transactions and gold would look like an cryptographically unbreakable store of value (because it is physical, not digital), what would be the space for bitcoin to grow in?

The "digital gold" concept could be under assault since everything "digital" might be a suspect in the era of AI agent swarms.
Interestingly, both bitcoin and Software stocks peaked at exactly the same time and software was devastated often to the same degree (SaaS, ADBE, PLTR, even MSFT to a degree).
So, basically, market decided that bitcoin=software (which it is, in a way, but only initially).
Again, this had nothing to do with cycles as software companies decline shows.

I will agree with you to the extent that you are asserting that in various ways bitcoin is under attack.

I won't agree with you to the extent that you might be suggesting that bitcoin is correlated to various centralized assets, such as stocks or that bitcoin is automatically going to lose in these various ongoing battles.

I will also agree that sometimes individuals will make adjustments to their bitcoin position size based on current happenings, and such adjustments might not end up working out to their favor.

I would not say that, was it not always correlated to tech stock of this kind?

it was, hence my assertion that the decline was correlated with the general software decline and NOT with the "cycles".

I have never been much of a fan of the correlation to tech stock theories, but hey, it might go without saying that you can believe what you like.

[BTCETFInvestor]

Former miner Miner Bitdeer sold all its Bitcoin holdings, issuing $325M in bonds for AI infrastructure. This action has increased supply-side pressure on BTC.

Bitdeer reduced its entire BTC holdings to zero and issued $325M in convertible debt to fund AI infrastructure expansion. The CEO signaled future re‑accumulation remains possible. 

Large miner sell‑offs materially increase supply-side pressure and weighs on BTC price...

FTFY

Yep, Bitdeer is history for mining BTC.  They couldn't handle it with mining profits near record lows and felt it was better to use their assets for Ai.

[Biodom]

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.  
 

Even with your theoretical scenario (that I told you many times is inaccurate), it's seems to be bigger than 0.63 btc that you self-ascribed, unless you are just making fun of everybody here by repeating this...which seems to me to be a bunch of hooey.

Why get so upset?

You are suggesting that I wasn't being fair in the point(s) that I was attempting to make?

Typically i leave bygones be bygones, but due to you constantly alluding to some nonexistent bitcoins in my name, what 's your real number @jjg?

That is not very nice.

You are being a meanie today.

Didn't I say, on several times, it is more than 0.63?... and at the same time, when the price goes down I buy, and when the price goes up I sell, so even though I sold all the way up to $124.5k, my amount never went below 0.63... so what moar do you need to know about that?

Reveal, or please don't talk about other people "numbers"...a friendly suggestion.

Are we not talking hypotheticals.. .So you don't want me to use that 20 hypothetical anymore?  The 20 BTC hypothetical represented whimpy guy with one lump sum.

Remember we have an ongoing hypothetical of a guy who bought around 20 BTC for around $300 each in 2015.. so therefore a total of $6k invested for that guy..and yeah, I connected the guy to you, since you mentioned such a guy in the context of wanting the BTC price to go up to $10 million per coin.. so then the guy would have $200 million.. . 

We can compare that guy to other kinds of guys.  It comes in handy to have some references, even though maybe such reference gets brought up in terms of you.. (which sure I have been doing that.. I admit it.. but there is some artistic liberty in there, too.. as you should realize without getting all worked up about it).

Over the years, I had built up several counter examples around such a 20 BTC guy, and now you want me to just throw that comparative example away?

Sometimes, you are absolutely no fun.

By the way, there are likely only a couple of the regular guys in these here parts who want to get into any serious specifics, and it has been years and years and years that I have been throwing out a variety of examples, and surely there are also times in which some of us (including yours truly) want to consider changing the examples.. since surely there are a lot of newbies who will be struggling to get to 1 BTC, even with some of our recent price drops and even the right around halvening of the price (as compared with October 6, 2025).

I just don't like you to connect an actual person (me) with a made up number that is not correct at all.
You can say..."someone with 20 bitcoins who bought all in a lump sum" and make fun of that hypothetical person.
Not much zinger there, of course, but wouldn't this be a bit nicer?
Of course, i don't want to know your "number"...it was just a figure of speech or a verbal challenge of sorts.

[xhomerx10]

Miner Bitdeer sold all its Bitcoin holdings, issuing $325M in bonds for AI infrastructure. This action has increased supply-side pressure on BTC.

Bitdeer reduced its entire BTC holdings to zero and issued $325M in convertible debt to fund AI infrastructure expansion. The CEO signaled future re‑accumulation remains possible. 

Large miner sell‑offs materially increase supply-side pressure and weighs on BTC price...

 Unsurprising.  Jihan Wu lost his way many years ago when he pushed the BeeCash fork. 
 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

Congratulations USA on winning the hockey Gold medal.   Fun game to watch... 3 fights in the first 9 seconds has to be an Olympic record.  Quite a rivalry!
Remember kids, in 3-on-3 hockey, you shouldn't pinch.  Oof... hard lesson for us.



edit: added a gif of the pinch play leading to the winning goal in OT

[philipma1957]

Congratulations USA on winning the hockey Gold medal.   Fun game to watch... 3 fights in the first 9 seconds has to be an Olympic record.  Quite a rivalry!
Remember kids, in 3-on-3 hockey, you shouldn't pinch.  Oof... hard lesson for us.

still cant get over the double post shot that missed

you do not see that very much.

[xhomerx10]

Congratulations USA on winning the hockey Gold medal.   Fun game to watch... 3 fights in the first 9 seconds has to be an Olympic record.  Quite a rivalry!
Remember kids, in 3-on-3 hockey, you shouldn't pinch.  Oof... hard lesson for us.

still cant get over the double post shot that missed

you do not see that very much.

 Some would say that's the goaltender successfully shutting all the angles down

 You guys had the better goaltender today for sure though.

edit:

[Ermaios]

Haha - you're a typical dumbass...

Typical?
Come on - there is nothing typical about me.

…from a country that can't pay your fair share to protect your neighbors and too afraid to help a neighbor being attacked.

Which country is that? Consequently, which neighbouring country also?
And why should any country pay to wage your US wars?

I’ll assume you’re talking about Ukraine - and the whole US fiasco.
Talk about pussies indeed, you just had to involve other countries to fight the war for you - as the plan dictated all along.

FYI, I’m not proud of my country, as I consider it the 51st state of … US Israel.
I mean, have you seen many foreign leaders, been cheered and glorified in your congress? I sure haven’t.

You're a pussy!    

I do like pussy, but apparently you like dicks, so there is that.
I’m aware that you're attracted to my massive balls, but I just can’t help you there.

I'll call you what you are - a STUPID PUSSY!

And I’ll call you for what you are: a cock-sucking, Jewish insignificant lawyer, sucking dicks for a living, coming here to post pure bullshit - just to please his ETF masters.
Have I nailed it or what?

I hope you don’t get paid for that, because that would be a total waste of money.
#mission.status.failed

as Trump would say sad so sad.

Sad, so sad, beautifully sad!

Don’t worry phil, Bitcoin does not follow politics, nor polly-tics, and we have just a little over 7 months for the bear session of this cycle to be concluded.
By then, most of the civilised world will be officially at war, all for a coke-headed US puppet - a true traitor to his people.
#US.polly-tics.101

[AlcoHoDL]

[...]

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.

I don't see any discrepancy between my post and yours, except, perhaps, my lack of stressing the accumulation element. I fully agree with what you're saying. Low-coiners do need to be aggressive in their accumulation strategy, or they will forever stay low-coiners. As for the meaning of "anything" in my "not selling" advice to Phil, it meant Bitcoin and Bitcoin only. Of course he should sell most of his other assets and convert to Bitcoin, especially now that there's a huge sale going on.

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

He's gotta be Omnipotent.

No?

Hahaha, well, I don't always agree with everything he's saying, but in this case he gets it.

If anyone had followed his advice (i.e., sell at cycle high, buy at cycle low), they would have multiplied their corn by at least a 2x / cycle. Even he did not follow his own advice! The thing is, when you are a coiner, especially of the HoDL mentality, you don't easily sell your corn, even if you know it would be beneficial in the long run.

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."

Exactly! I was about to post exactly the same.

It's "both!" Cycles do exist, and yet Bitcoin still grows. I guess that for some people it's always either black or white...

I've said it many times and I'll say it again. Bitcoin production is halved every 4 years. This is too much of a disruption to not have an effect on price. We can debate about how strong that disruption is, and how it is diminishing as cycles progress, but it does exist and will exist.

A thing to note here (which is my own interpretation of the "both" comment): the existence of 4-year cycles does not necessarily mean that Bitcoin will strictly follow the logarithmic price progression we're seeing happening over the years. There can be huge price upsurges that can break the logarithmic pattern, as Bitcoin gets adopted and accepted by big players. But, still, 4-year cycles will exist, and will affect price fluctuations and volatility within a cycle.

Time will tell, and we'll all be here (hopefully) to discuss it.

Next ATH in Nov. 2029 or thereabouts!   <--- Had to throw this in, for the LULZ! Hahaha. I hope it comes much earlier!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com