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

[Biodom]

It looks like Bitcoin is back in 2018.

A low of $6,000 on February 6th and a sideways price movement until the fall, then $3.2k.

Now it's again a low of $60,000 on February 6th and a sideways price movement.

$32,000 is Elon Musk's Bitcoin price level. Many times it was a magnet for price.

My general take on this is that s-t does not have to be repeated ad nauseam.
However, cycle adherents are always trying to tell us that it "has to".

Another argument against would be that every cycle so far was unique in it's structure.

"Bitcoin makes no take-backs."

^ this is my interpretation of the prior btc price behavior (and, of course, it is also a rule for each btc tx).

You say this just because you don't want Bitcoin to fall to $32k. Because in this case the price of your capital will fall by another 2 times.

But markets are irrational, so a sharp decline in Bitcoin cannot be ruled out.

Do you want it to fall to $32k?
If yes, why would you?
I make no prediction on where it would bottom as it mostly depends on macro events now, and certainly not on a $30mil a day issuance, but it would be nice if 59.5K was it.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

It looks like Bitcoin is back in 2018.

A low of $6,000 on February 6th and a sideways price movement until the fall, then $3.2k.

Now it's again a low of $60,000 on February 6th and a sideways price movement.

$32,000 is Elon Musk's Bitcoin price level. Many times it was a magnet for price.

My general take on this is that s-t does not have to be repeated ad nauseam.
However, cycle adherents are always trying to tell us that it "has to".

Another argument against would be that every cycle so far was unique in it's structure.

"Bitcoin makes no take-backs."

^ this is my interpretation of the prior btc price behavior (and, of course, it is also a rule for each btc tx).

You say this just because you don't want Bitcoin to fall to $32k. Because in this case the price of your capital will fall by another 2 times.

But markets are irrational, so a sharp decline in Bitcoin cannot be ruled out.

Do you want it to fall to $32k?
If yes, why would you?
I make no prediction on where it would bottom as it mostly depends on macro events now, and certainly not on a $30mil a day issuance, but it would be nice if 59.5K was it.

well there is a downwards pressure on price from mining.

More often then not price leads and mining follows.

so price went down mining diff/hashrate went down

126k to 60k price

155t to 138t diff/hashrate


but with a big switch to AI

diff will drop to 115 or 117T. and get ahead of price.  last time this happened it was first peak in 2021. 67k and China cut the diff/hash and it then dragged down price.

If enough miners convert to AI diff/hash could get ahead of price and drag down price.


this was great in 2021 as price tumbled a lot from 67k to 35k. then rose to 69k

maybe this happens now 5 years after April of 2021

first it kills the 4 year cycle.

and we really back bigly this fall to around 130k ??

yeah it is not a prefect match to 2021 but that's the point who wants the repetition .


To all happy easter I will be having a nice meal on Easter Sunday with relatives.

To those in other regions maybe we finally get some peace.

 As Donald hears tick tock and finally listens to that tiny small little piece of humanity left in him

calls off the war and resigns his presidency!

How is that for an easter miracle !

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BTCETFInvestor]

To all happy easter I will be having a nice meal on Easter Sunday with relatives.

To those in other regions maybe we finally get some peace.

As Donald hears tick tock and finally listens to that tiny small little piece of humanity left in him

calls off the war and resigns his presidency!

How is that for an easter miracle !

Phil - You seem to fit right in with that far-left activist Analilia Mejia and your gay NJ Governor Phil Murphy and their pathetic far-left politics, probably two of your favorite politicians in your high-fraud blue state (backed by two more of your lovely dimocrats you probably approve of - Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez).

With that far-left mindset of yours it's no damn wonder why you detest President Trump, who is a staunch conservative who loves the U.S.A.  Sorry you don't!  

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

To all happy easter I will be having a nice meal on Easter Sunday with relatives.

To those in other regions maybe we finally get some peace.

As Donald hears tick tock and finally listens to that tiny small little piece of humanity left in him

calls off the war and resigns his presidency!

How is that for an easter miracle !

Phil - You seem to fit right in with that far-left activist Analilia Mejia and your gay NJ Governor Phil Murphy and their pathetic far-left politics, probably two of your favorite politicians in your high-fraud blue state (backed by two more of your lovely dimocrats you probably approve of - Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez).

With that far-left mindset of yours it's no damn wonder why you detest President Trump, who is a staunch conservative who loves the U.S.A.  Sorry you don't!  

Murph the surf is a criminal that belongs in jail alongside the Donald.

You can toss in Mikey the chopper pilot too.

Sanders and Ocasio-Cortez are in congress which is a fake branch with no power.

Note  spell check errors corrected.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

It is easter morning.  No big news. Boring is nicer.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

Do you want it to fall to $32k?
If yes, why would you?
I make no prediction on where it would bottom as it mostly depends on macro events now, and certainly not on a $30mil a day issuance, but it would be nice if 59.5K was it.

Unless you are trying to sell, why wouldn’t you want the price to be lower? 4-year cycle says $46K in September. That sounds like an opportunity to me. Not something to hope doesn’t happen.

It is easter morning.  No big news. Boring is nicer.

Iran just warned that there would be a “massive historic surprise” tonight that the “World will remember for centuries.”

So there’s that…

[hypebrother]

Do you want it to fall to $32k?
If yes, why would you?
I make no prediction on where it would bottom as it mostly depends on macro events now, and certainly not on a $30mil a day issuance, but it would be nice if 59.5K was it.

Unless you are trying to sell, why wouldn’t you want the price to be lower? 4-year cycle says $46K in September. That sounds like an opportunity to me. Not something to hope doesn’t happen.

It is easter morning.  No big news. Boring is nicer.

Iran just warned that there would be a “massive historic surprise” tonight that the “World will remember for centuries.”

So there’s that…

yeah, please. whos kidding who? they are always good at making claims and getting shit faced and owned by the marines.

the only thing good about iran is their addiction to hummus and halloween candies.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[WatChe]

Unless you are trying to sell, why wouldn’t you want the price to be lower? 4-year cycle says $46K in September. That sounds like an opportunity to me. Not something to hope doesn’t happen.

Count me in too, for those who are planning to buy at 46k.

[Repeat06]

https://www.talkimg.com/images/2026/04/05/UYEXm3.jpeg

https://x.com/i/status/2040388807380365617
This chart tells us a lot. For example, there is a lot of debate among all of us about one thing, that is, will Bitcoin repeat everything that has happened in its past? In 2025, the trading world was very busy with this issue and many said that the market may not follow the previous trend, many did not evaluate this issue. But we are now in the middle of that previous trend. Although we have been seeing a decline in the Bitcoin market for a few days and the market is currently hovering in a zone. At this moment, can we assume that this is the moment before the lion hunts. Like when the lion pounces on its prey, the lion takes 2 steps back and then pounces on its prey. Then will Bitcoin again come into its buying zone and will we be able to reach the price shown in this chart?

[nutildah]

We are somewhere near the beginning, middle, or end of somebody's trend, somewhere.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

This chart tells us a lot.

It is more about the time than the price. This is the chart you want to watch. Sell when green turns red. Buy when red turns green.