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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

No - we need to set a new low first
Sorry guys, it is what it is. Feelings don't count or matter...

An ATH this year would destroy the dreadful "pattern" we all hate so much. I really hope it happens. Will see...

BTW, sell order still unfilled. Just a few hundred bucks short.

"We" cannot go up until we experience some semblance of a "double bottom," and such hypothesized "new low" requirement has to be lower than the low that we already had at $59,930 in early February?

There are quite a few instances, historically, that bitcoin did not comply with expected patterns.

Don't get me wrong.

I would love for the bottom to be in, yet if I am not seeing price performance that is sufficiently convincing that the "bottom is in," then I cannot conclude that we are out of the bear market, and so it seems that I have to give at least slightly greater odds to down rather than up, even though at the same point, as some price location (or maybe price dynamic?), it is going to start to seem obvious that the bottom is "in."  It could be clearly convincing, or it could merely be marginally convincing.. but still enough to transition "us" from bear to bull.

Another thing is that guys are going to see the "tipping point" in differing locations, which is part of the reason that we have a pretty strong majority saying, in the poll, that the bear market is over.

Look and weep the current status:

64.3% saying that we are out.

[edited out]

yeah no question we need higher prices this year to break the 4 year bear bull price pattern

but if you go back and look at gold from say 1992 to 2003
we kind of slotted for 11 years at 200-400 an oz.

now a slot pattern for btc would not be expected by any of us. and mining would be turned upside down by that. I am kind of decently positioned even a downturn would be okay as long as it takes a few months for the down torn to happen. Ie hold the 80k till August 1

You have had these kind of long flat theories forever, which is part of the reason that you have never stacked up on corn in any meaningful way, and your flat theories are lame.

Not is bitcoin not the same as gold, bitcoin is a immature paradigm changing and disruptive technology.

You cannot presume it to act like a mature asset... even though sure there may be some minority scenario in the ballpark of 5% in which you end up being correct.

Only time will tell us where it's going.

Earlier, you told us that it was going down.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[weallbitcoiners]

Sorry, could you be more elaborate about this?

DCA: Dollar Cost Average. It means buying on a regular basis, so you don't have to wonder whether or not today is a good moment to buy.

Thanks for the explanation about this. Please, can you give more details or a link where I can find more about this because it's looking interesting and workable for me.

sure wait a minute

https://bitcointalk.org/index.php?topic=5562379.0

https://bitcointalk.org/index.php?topic=5432163.0

https://bitcointalk.org/index.php?topic=5579660.0

finally found the thread I wanted see below

https://bitcointalk.org/index.php?topic=5376945.0

All links are looking useful for any newbie like me thanks.

Currently, at this rate, buying is ok, or waiting is better. Any solid suggestion.

If you are a newbie no coiner or low coiner, then waiting does not tend to be a good strategy.

If you are a newbie no coiner or low coiner, you need to start to turn yourself into a coiner by buying bitcoin regularly within the context of your discretionary funds.  I tend to like buying weekly and getting into a habit of buying every week.

If you want to save up to 20% of your regular BTC buys for buying dips that may or may not happen, that is up to you, yet it tends to take a decently long time to build up a bitcoin stash, and many guys are not really able to do it in a cycle or two unless they are able to front load their investment in some way, whether lump sum, DCA, buying on dip or a combination, and yeah, I am not much of a fan for buying on dip for newbies, since the dips might not end up happening, yet if you are buying every week, you will end up catching dips anyhow, and perhaps after buying a cycle or two you will figure out how many bitcoin you think that you need.. which come from ongoing buying, not fucking around with trading (which seems to be where your head is right now.. and trading tends to be a way more uncertain approach in regards to making sure that your bitcoin size is ongoingly growing.

I am a complete newbie with some knowledge of Bitcoin through friends, now learning and trying to understand. I want to buy weekly because this is going to help me in the long run.

Hopefully in the near future I will again join here for more understanding because it's looking promising for savings and long-run investments.

[AlcoHoDL]

No - we need to set a new low first
Sorry guys, it is what it is. Feelings don't count or matter...

An ATH this year would destroy the dreadful "pattern" we all hate so much. I really hope it happens. Will see...

BTW, sell order still unfilled. Just a few hundred bucks short.

"We" cannot go up until we experience some semblance of a "double bottom," and such hypothesized "new low" requirement has to be lower than the low that we already had at $59,930 in early February?

There are quite a few instances, historically, that bitcoin did not comply with expected patterns.

Don't get me wrong.

I would love for the bottom to be in, yet if I am not seeing price performance that is sufficiently convincing that the "bottom is in," then I cannot conclude that we are out of the bear market, and so it seems that I have to give at least slightly greater odds to down rather than up, even though at the same point, as some price location (or maybe price dynamic?), it is going to start to seem obvious that the bottom is "in."  It could be clearly convincing, or it could merely be marginally convincing.. but still enough to transition "us" from bear to bull.

Another thing is that guys are going to see the "tipping point" in differing locations, which is part of the reason that we have a pretty strong majority saying, in the poll, that the bear market is over.

Yes. We (two) more or less agree on this. I also don't see a serious bull forming. As I posted earlier, this "bull" is just a baby calf throwing temper tantrums and producing a ton of manure in the process... My sell order hasn't even gone through yet. FFS, someone, take my 0.1 BTC @ $83.5k!

Look and weep the current status:

64.3% saying that we are out.

Hardly a large enough sample to have any meaningful statistical significance, in an already biased population, but yes, it's a math-&-sciencey result for sure. Let's go all-in and wait for the ATH this year.

BTW, going all-in is still OK (although I would suggest DCA). Because the ATH will come. This year? I don't think so. In late 2029? More likely.

[...]

Only time will tell us where it's going.

Earlier, you told us that it was going down.

Now you're talking semantics. I said that "I'm guesstimating it's going down". Which is different from "It's going down".
BTW we (two) know it's going down.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[boumalo]

Nice bear trap then higher again is what seems the most likely

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

$80k seems to be a bit stronger support, let's see if we touch or even break through it.
Really undecided what to vote in the current poll.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Bitcoin_Budha]

$80k seems to be a bit stronger support, let's see if we touch or even break through it.
Really undecided what to vote in the current poll.

I am also checking but have nothing to vote for. Many feel the bear is over, but it's not something still can happen.

Today $80K is still on this is good news because it needs to have this throughout this month.

ChatBuddy, please keep this and don't break my heart.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[WatChe]

$80k seems to be a bit stronger support, let's see if we touch or even break through it.
Really undecided what to vote in the current poll.

I think its time for Bitcoin to break the silence and make some noise by going up.

[philipma1957]

Sorry, could you be more elaborate about this?

DCA: Dollar Cost Average. It means buying on a regular basis, so you don't have to wonder whether or not today is a good moment to buy.

Thanks for the explanation about this. Please, can you give more details or a link where I can find more about this because it's looking interesting and workable for me.

sure wait a minute

https://bitcointalk.org/index.php?topic=5562379.0

https://bitcointalk.org/index.php?topic=5432163.0

https://bitcointalk.org/index.php?topic=5579660.0

finally found the thread I wanted see below

https://bitcointalk.org/index.php?topic=5376945.0

All links are looking useful for any newbie like me thanks.

Currently, at this rate, buying is ok, or waiting is better. Any solid suggestion.

If you are a newbie no coiner or low coiner, then waiting does not tend to be a good strategy.

If you are a newbie no coiner or low coiner, you need to start to turn yourself into a coiner by buying bitcoin regularly within the context of your discretionary funds.  I tend to like buying weekly and getting into a habit of buying every week.

If you want to save up to 20% of your regular BTC buys for buying dips that may or may not happen, that is up to you, yet it tends to take a decently long time to build up a bitcoin stash, and many guys are not really able to do it in a cycle or two unless they are able to front load their investment in some way, whether lump sum, DCA, buying on dip or a combination, and yeah, I am not much of a fan for buying on dip for newbies, since the dips might not end up happening, yet if you are buying every week, you will end up catching dips anyhow, and perhaps after buying a cycle or two you will figure out how many bitcoin you think that you need.. which come from ongoing buying, not fucking around with trading (which seems to be where your head is right now.. and trading tends to be a way more uncertain approach in regards to making sure that your bitcoin size is ongoingly growing.

I am a complete newbie with some knowledge of Bitcoin through friends, now learning and trying to understand. I want to buy weekly because this is going to help me in the long run.

Hopefully in the near future I will again join here for more understanding because it's looking promising for savings and long-run investments.

If you can buy 50usd or 100usd a week or more you will stack a pile of btc.

Your age matters. I am 69 so time is not on my side.

But if you are 35 and buy 100 a week for 10 years  never selling just buy the 100 a week and hold.

Past history says you will do well.

Always remember past history does not always get it right. So you could do 100x52x10=52000 usd after 10 years and not be ahead.

That's life for us all risk is there.

[hypebrother]

I don't really understand the line of thought of being obsessed with 100k or ATH.

We are up from 60s and going fine according to 2 week Moving average.

People often refer to selling as beartrap which is not proper semantics?

This just in:

https://www.coindesk.com/markets/2026/03/10/bhutan-s-bitcoin-stack-drops-below-5-400-btc-as-sovereign-seller-quietly-unloads-usd42-5-million-in-2026

Isn't this important for adoption? Or are we still beating up eachother over exchange rates?

[CryptoYar]

$80k seems to be a bit stronger support, let's see if we touch or even break through it.
Really undecided what to vote in the current poll.

Still undecided? The market already made the decision for us by holding $80k as support.

The real question is how long it takes to make $90k look this easy.

[weallbitcoiners]

If you can buy 50usd or 100usd a week or more you will stack a pile of btc.

Your age matters. I am 69 so time is not on my side.

But if you are 35 and buy 100 a week for 10 years  never selling just buy the 100 a week and hold.

Past history says you will do well.

Always remember past history does not always get it right. So you could do 100x52x10=52000 usd after 10 years and not be ahead.

That's life for us all risk is there.

I noted all your views in my personal notebook because these are going to be work for me in the long run. Currently I am 22 years old and have no responsibility, so I can invest between $50 and $75 weekly. I will try to manage things for a good future and have good faith in Bitcoin because it's still worth investing in.

My friend has been doing this for the last 7 years, and now I am joining him. He has achieved many good things in life due to Bitcoin. Maybe I will also be able to have a few like him, but your suggestions are great. Thanks.