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

[cAPSLOCK]

As I've never been much of a miner I don't think I am as sensitive to price and its relationship with hashrate as others may be (looking at  you PM).

But one thing I've been knocking around in my dustbin are the effects of AI on power consumption, datacenter use, and therefore Bitcoin mining.

It has seemed to me to be an obvious first order effect that we would see some fair weather Bitcoin miners jumping over to the greater hype of AI.  Obviously, I think situations will become much more intricate than just "we used to be a Bitcoin miner. Now we're going to retool everything and become an AI data center."  and frankly, the people that follow that path will most likely get run over by the reality of something.

And I haven't thought a lot about it, but I could imagine AI datacenters dedicating a certain portion of their resources to Bitcoin mining, and there could be advantages to doing it in some sort of a modular way where demand can be met with different forms of compute.

Then there is the whole subsidized reward part of mining, which continues to go away. This is very interesting and obviously some people think it eventually breaks Bitcoin. I am not one of those people for what it's worth, but...

Lots to chew on.

[vapourminer]

This is a very interesting point that we've reached at this moment.

Considering various price targets and other stuff that I'm not understanding of, I may make a picture of the chart on my phone and lines that I put on it because I like to do that just to feel like I have some kind of input to technical analysis.

my technical analysis:

smoke enough weed till the chart lines blur, then click "buy"

worked out great so far

[cAPSLOCK]

This is a very interesting point that we've reached at this moment.

Considering various price targets and other stuff that I'm not understanding of, I may make a picture of the chart on my phone and lines that I put on it because I like to do that just to feel like I have some kind of input to technical analysis.

my technical analysis:

smoke enough weed till the chart lines blur, then click "buy"

worked out great so far

I love it. Ive always loved the fact that it was us stoners and gamblers who began to see why this money mattered first.

[cAPSLOCK]

Sure...a recovery, but only future would say if it was a baby bull or just a bounce.
However, i hope for the former.

I could change my name to future if it would make the truth easier to digest for you.

Jokes aside, as long as we keep seeing lower highs the bear market is in place. This latest bounce that resulted in a rejection at the $74K resistance level was actually extremely bearish.

So this would make me assume that we are at an interesting point. This is sort of the reason I said that a moment ago. Looking for Mr. Nasty's, interpretations. I suppose if we bounce off this level right here and shoot back down, it would be a grand confirmation of the various readings.

But is that going to happen?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Sure...a recovery, but only future would say if it was a baby bull or just a bounce.
However, i hope for the former.

I could change my name to future if it would make the truth easier to digest for you.

Jokes aside, as long as we keep seeing lower highs the bear market is in place. This latest bounce that resulted in a rejection at the $74K resistance level was actually extremely bearish.

So this would make me assume that we are at an interesting point. This is sort of the reason I said that a moment ago. Looking for Mr. Nasty's, interpretations. I suppose if we bounce off this level right here and shoot back down, it would be a grand confirmation of the various readings.

But is that going to happen?

maybe 🤔

you never know.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

Time will tell if this rally gets any where near 118k and is a real bull and not a baby bull.

Oh gawd..  

There is no such thing as baby bull.  Baby bulls are like fairies..

Imaginary.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

Time will tell if this rally gets any where near 118k and is a real bull and not a baby bull.

Oh gawd..  

There is no such thing as baby bull.  Baby bulls are like fairies..

Imaginary.

Aww!  That one hurt a little.

[BTCETFInvestor]

Looks like some of the leaders of NATO countries are wanting protection from the U.S. but they refuse to reciprocate when we ask for help to eliminate Iran's threat to U.S. and Israel, and to help open the Strait of Hormuz so those same NATO countries can get the oil and LNG they need for their country people.

While the United States is largely energy-independent due to its own domestic production, many NATO allies remain highly vulnerable to the current blockade. Roughly 20% of the world’s oil and 19% of global liquefied natural gas (LNG) transit the Strait of Hormuz, and European members are the primary "beneficiaries" President Trump referenced in his recent warnings.

While NATO remains a significant alliance, public and political appetite for direct military intervention among some member states is often limited, with a median of 50% across 16 countries in a 2020 survey suggesting they would not defend a fellow ally. While European capabilities are growing, the alliance faces reliance on the US, specifically in logistics, surveillance, and long-range precision

I look for President Trump tell those NATO countries that refused to help the U.S., that they are on-their-on as weak, worthless pussies if another country (i.e. Russia) decides to take action against them... I couldn't blame Trump if he pulls out of NATO and shuts it down. Thanks you weak-ass European pussy countries!  

As of mid-March 2026, the situation regarding the Strait of Hormuz and the U.S.-led military campaign against Iran has created a significant rift within NATO. While some Eastern European allies have voiced support, several major European powers have flatly refused or shown deep reluctance to participate in naval missions to reopen the strait or join the broader conflict.


Countries Declining Military Involvement

Following President Trump's recent calls for a coalition to secure the waterway, the following NATO members have publicly distanced themselves from the mission:

►Germany: Defense Minister Boris Pistorius and Chancellor Friedrich Merz have ruled out participation, stating, "This is not our war." Germany has emphasized that NATO's mandate is for territorial defense, not offensive operations in the Middle East.
►Italy: Prime Minister Giorgia Meloni announced that Italy "does not take part" in the military strikes and has begun withdrawing some military personnel from the region to avoid escalation.
►Spain: The Spanish government has refused to allow the U.S. access to its bases for strikes on Iran and has stated it will not participate in any mission that could further escalate the conflict.
►Greece: Government spokespeople confirmed that Greece will not engage in military operations in the Strait of Hormuz, opting only to maintain its involvement in existing defensive EU missions.

Countries Expressing Reluctance or Caution

►United Kingdom: While Prime Minister Keir Starmer has called the reopening of the strait a "viable plan" for market stability, he has explicitly stated the U.K. will "not be drawn into the wider war." The relationship has been described as strained after the U.K. initially refused to let British bases be used for the opening strikes of the conflict.
►France: French officials have maintained a "defensive and protective" posture. President Macron has suggested a purely defensive escort mission might be possible only after the "most intense phase" of the war has ended.

The "Very Bad for NATO" Warning

The reluctance of these allies has led to heightened tensions within the alliance. President Trump warned on March 15, 2026, that it would be "very bad for the future of NATO" if allies did not step up to help secure the strait, which carries roughly 20% of the world's oil. He has emphasized that the U.S. will "remember" which countries provided support and which did not.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[LFC_Bitcoin]

We’re currently on a run of 8 consecutive daily green candles. I really hope this doesn’t end with one nasty red, Darth Maul daily candle, erasing over a weeks worth of gains like we’ve seen so many times before.

I don’t have any real hope short term as we are still in a bear market which I don’t think has bottomed yet. I would love so much to be wrong though and the bottom is already in as people rotate out of metals and stocks, pumping money into Bitcoin as we hit new all time highs in the second half of 2026.

Shit, I’m talking myself into a short term bullish mindset. Let’s ******* go, pump the orange coin.

[philipma1957]

We’re currently on a run of 8 consecutive daily green candles. I really hope this doesn’t end with one nasty red, Darth Maul daily candle, erasing over a weeks worth of gains like we’ve seen so many times before.

I don’t have any real hope short term as we are still in a bear market which I don’t think has bottomed yet. I would love so much to be wrong though and the bottom is already in as people rotate out of metals and stocks, pumping money into Bitcoin as we hit new all time highs in the second half of 2026.

Shit, I’m talking myself into a short term bullish mindset. Let’s ******* go, pump the orange coin.

okay silver down gold down btc up

repeat silver down gold down btc up

repeat silver down gold down btc up.


now realize just how much silver and gold can feed btc price.

Smile

[cAPSLOCK]

We’re currently on a run of 8 consecutive daily green candles. I really hope this doesn’t end with one nasty red, Darth Maul daily candle, erasing over a weeks worth of gains like we’ve seen so many times before.

I don’t have any real hope short term as we are still in a bear market which I don’t think has bottomed yet. I would love so much to be wrong though and the bottom is already in as people rotate out of metals and stocks, pumping money into Bitcoin as we hit new all time highs in the second half of 2026.

Shit, I’m talking myself into a short term bullish mindset. Let’s ******* go, pump the orange coin.

It's acting like 74 as an important door to be knocked on. I think this is the second time knocking.

[BTCETFInvestor]

We’re currently on a run of 8 consecutive daily green candles. I really hope this doesn’t end with one nasty red, Darth Maul daily candle, erasing over a weeks worth of gains like we’ve seen so many times before.

I don’t have any real hope short term as we are still in a bear market which I don’t think has bottomed yet. I would love so much to be wrong though and the bottom is already in as people rotate out of metals and stocks, pumping money into Bitcoin as we hit new all time highs in the second half of 2026.

Shit, I’m talking myself into a short term bullish mindset. Let’s ******* go, pump the orange coin.

Yep! Bitcoin has just completed 8 consecutive green daily sessions. This is the longest winning streak since late 2025 - clearly a shift from aggressive selling to steady accumulation. And of course the price has cleared that nasty $70,000–$72,000 range, which acted as a major 'ceiling' of sorts for the past 6 weeks. It also reclaimed the 50-day EMA, an indicator used to separate short-term bearish and bullish trends.

All analysts are thought to be bullish, with many maintaining a year-end target average of $150,000+ - citing the fact that nearly 60% of the supply is now held by long-term 'diamond hand' investors. Yet, on the skeptical side, it is argued that until Bitcoin clears the $79,000 resistance point, it might just be a 'relief rally' within a larger bear cycle.

Support at $72,000 must hold. Then, let's hope we clear the $79,000 resistance point soon - and then it's 'Go' time.   We just don't want it to go down below $72k, but instead clear $79k... Go, go, go!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

Sentiment is more bullish than anticipated when those longs below $70K not getting liquidated.

...yet  
But i am surprised by the strength of local support in the current range, while $74k-$75k as resistance was pretty obvious.

We’re currently on a run of 8 consecutive daily green candles. I really hope this doesn’t end with one nasty red, Darth Maul daily candle, erasing over a weeks worth of gains like we’ve seen so many times before.

I don’t have any real hope short term as we are still in a bear market which I don’t think has bottomed yet. I would love so much to be wrong though and the bottom is already in as people rotate out of metals and stocks, pumping money into Bitcoin as we hit new all time highs in the second half of 2026.

Shit, I’m talking myself into a short term bullish mindset. Let’s ******* go, pump the orange coin.

It's acting like 74 as an important door to be knocked on. I think this is the second time knocking.

Yep, 2nd time. Prepare to get knocked off again. This could go on a while.
EDIT: Now it's the third time, today. The last time wasn't followed by a deep drop, other than the first time. Quite bullish, imo.

We’re currently on a run of 8 consecutive daily green candles. I really hope this doesn’t end with one nasty red, Darth Maul daily candle, erasing over a weeks worth of gains like we’ve seen so many times before.

I don’t have any real hope short term as we are still in a bear market which I don’t think has bottomed yet. I would love so much to be wrong though and the bottom is already in as people rotate out of metals and stocks, pumping money into Bitcoin as we hit new all time highs in the second half of 2026.

Shit, I’m talking myself into a short term bullish mindset. Let’s ******* go, pump the orange coin.

You are speaking my mind.

[Bigjoe158]

We’re currently on a run of 8 consecutive daily green candles. I really hope this doesn’t end with one nasty red, Darth Maul daily candle, erasing over a weeks worth of gains like we’ve seen so many times before.

I don’t have any real hope short term as we are still in a bear market which I don’t think has bottomed yet. I would love so much to be wrong though and the bottom is already in as people rotate out of metals and stocks, pumping money into Bitcoin as we hit new all time highs in the second half of 2026.

Shit, I’m talking myself into a short term bullish mindset. Let’s ******* go, pump the orange coin.

Yep! Bitcoin has just completed 8 consecutive green daily sessions. This is the longest winning streak since late 2025 - clearly a shift from aggressive selling to steady accumulation. And of course the price has cleared that nasty $70,000–$72,000 range, which acted as a major 'ceiling' of sorts for the past 6 weeks. It also reclaimed the 50-day EMA, an indicator used to separate short-term bearish and bullish trends.

All analysts are thought to be bullish, with many maintaining a year-end target average of $150,000+ - citing the fact that nearly 60% of the supply is now held by long-term 'diamond hand' investors. Yet, on the skeptical side, it is argued that until Bitcoin clears the $79,000 resistance point, it might just be a 'relief rally' within a larger bear cycle.

Support at $72,000 must hold. Then, let's hope we clear the $79,000 resistance point soon - and then it's 'Go' time.   We just don't want it to go down below $72k, but instead clear $79k... Go, go, go!

I kept saying that BTC will peak up the in the 3rd quarter of the year though i never did any research on it but my instincts keep telling me it will be okay with BTC by the 3rd quarter. For BTC keep up green for 8 consecutive daily sessions my advice is keep stacking the BTC because better days are ahead of us. Keep the faith, keep believing the market, keep investing in the market. Market forces are at work and those manipulating the market will regret with their odd forecast about BTC.

[BTCETFInvestor]

U.S. Secretary of State Marco Rubio will be announcing some NATO countries that will finally help the U.S. eliminate the threat from Iran and to help open the Strait of Hormuz for safe oil and LNG to transit.  

President Trump has indicated that Secretary of State Marco Rubio will soon announce the specific countries participating in a coalition to secure the Strait of Hormuz.

It appears assistance will come from approximately seven countries and it has been suggested that "numerous countries" have already indicated they are on the way.

Based on recent diplomatic activity, the following countries are being closely watched:

• France: President Trump mentioned today that he spoke with President Emmanuel Macron, who expressed a willingness to help with reopening the waterway. France previously mentioned preparing a defensive mission involving two frigates.

• Denmark and Lithuania: These nations have expressed an "open mind" or suggested that NATO countries should consider the request, though they have not yet committed specific assets.

•Estonia: Foreign officials have stated they are "always ready for discussions" regarding the situation in the Strait.

► China: While not a NATO member, China has been specifically named by the Trump administration as a country that should help, given its heavy reliance on the Strait for oil. U.S. and Chinese officials are reportedly meeting in Paris to discuss the details.

~~~~~~~~~~

Notable Pushback

Several key NATO and European allies have publicly distanced themselves from a military mission in the region:

• United Kingdom: Prime Minister Keir Starmer ruled out a NATO-led mission, stating the U.K. "will not be drawn into the wider war," though he is open to a "viable collective plan" that might involve non-combat support like minesweeping drones.

• Germany and Spain: Both countries have flatly rejected participation, with German officials stating the conflict is "not NATO's war."

• Japan and South Korea: While Japan is in close communication with Secretary Rubio, Tokyo has cited legal and constitutional constraints that make a naval deployment unlikely. South Korea is still officially "considering" the request.