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

[ESG]

And the paper hand medal goes to Patrick Shyu:

https://www.youtube.com/watch?v=VZVTjg85JwA

In the end he says that he is the opposite indicator, and that his first BTC paid 8k, and sold it in around  2k... Another interesting thing he said about appreciation in the long run, is while we wait for the cycles to pass, so too is the time of our lives.

and now, the BTC price breathing down.

[philipma1957]

And the paper hand medal goes to Patrick Shyu:

https://www.youtube.com/watch?v=VZVTjg85JwA

He was over-leveraged.

so he was hands free.

[AlcoHoDL]

Bitcoin is breathing.
Breathing up, then breathing down.
It farts too, sometimes.

[...]

#7wodigestsundayhaikus

Happening as we speak...

[BitHodlers]

What kind of freedom is it when you walk under a mask and advocate a clean America where only white skinned people live? Those same people who parade peacefully are responsible for thousands of racist incidents - but if that's your version of freedom, feel free to enjoy it. I don't know what to say about your comment about the safety of this black woman, it seems to me that she has never been in greater fear considering the environment in which she found herself.

Patriot Front is an American white supremacist and neo-fascist group. Part of the broader alt-right movement, the group split off from the neo-Nazi organization Vanguard America in the aftermath of the Unite the Right rally in 2017.

Patriot Front's aesthetic combines traditional Americana with fascist symbolism. Internal documents leaked to USA Today indicated it had approximately 540 members as of 2026. According to the Anti-Defamation League, the group generated 82% of reported incidents in 2021 involving distribution of racist, antisemitic, and other hateful propaganda in the United States, comprising 3,992 incidents, in every continental state.

https://en.wikipedia.org/wiki/Patriot_Front

Crimes that someone may commit at other times have nothing to do with free speech. Free speech is protected, even if you want to go to commit other crimes later. It is freedom that someone living in EU or UK would never understand, after all you are not allowed to say or do many things in many of those countries that you can in the USA.  

*rolls eyes*

...and I bet you think Muslim immigrants peacefully integrate into their host societies.

[ESG]

Bitcoin is breathing.
Breathing up, then breathing down.
It farts too, sometimes.

[...]

#7wodigestsundayhaikus

Happening as we speak...

yEAH!, Better Breathing than Deathing.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

stack growing maybe 2.25 by my 40th wedding anniversary.

[Paashaas]

Booked an AirBnB villa in Madeira for summer 2026. Last year spring, atleast most AirBnB accommodations in Madeira where reserved for the summer so i needed to be on time.

Madeira is also called Flower Island ore Hawaï of Europe is an exotic destination which is fantastic for hiking trips.

Going with 5 people in total all paid by me, the villa, flight tickets, car rental only food and drinks together.

Making pictures  with my family for life-long memories, unfortunately not with my mother because she passed away in August.

Spending €10,000 will be well worth it. Thank you Bitcoin.

Retired for 5+ years.

No debt.

Peace of mind.

Financial freedom.

I don't care anymore.

Cheers!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

And the paper hand medal goes to Patrick Shyu:

https://www.youtube.com/watch?v=VZVTjg85JwA

The cope is strong with this one. Eleven minutes to justify his over-leveraged position and not once does he mention he didn't properly assess his risk tolerance.  He just says he became depressed and disillusioned and blames bitcoin for his financial woes instead of himself.  He has convinced himself that he wasn't wrong but bitcoin changed fundamentally.

"Bitcoin is basically an NFT bro"

"memes aren't forever" (what no more laser eyes?! - dude... they were for 100k; pay attention and you wont have to mindrust)

"Saylor is quietly sneaking out the back door" (not likely as his every move is reportable to the SEC)

"Wrench attacks broke the hype machine!" (yeah... influencers were part of the fundamentals he used for assessing value)

"Six guys own the global matrix" (and uses Bitcoin Knots when he claims centralization)

"The miners are going to starve!" (and then the network dies)

"The Strategic Reserve is fake news" (calls it a vote buying scheme)

Oh yeah, this guy also sold the bottom in 2013 which he doesn't disclose until nearly the end of the video.  At least he admits to being a contrarian indicator which is his only valid point imo.  The worst part of the whole video is when he says, "I'm not out. I'm just stepping back and watching the door. I'll be monitoring the situation. And if I just sold the bottom again, well, you know what to do."

 1.7 million subscribers.   I guess this is play money for him.

[BobClawblaw]

BobClawblaw's News Digest - 2026-07-06 (Late Morning Edition)

Published: 2026-07-06 10:43 AM CT

Monday brought a sharp correction after the weekend recovery, with Strategy liquidating 3,588 bitcoin to cover preferred stock dividends and pushing the asset briefly below $61,200. The broader market now holds near $62,340, and the seven-day uptrend of roughly 3.6% remains intact despite the intraday dip. Fear and Greed sits at 24 for a seventh straight day, which tells me participants are still bracing for corporate selling pressure even as the short-term structure refuses to break.

Outlook: The $2.55 billion cash cushion will determine whether Strategy needs another liquidation before the next dividend cycle, so corporate treasury flows remain the immediate catalyst to watch. Lawmakers advancing the Digital Asset Market Clarity Act and expanding the federal Strategic Bitcoin Reserve could provide structural support later this year, though those legislative timelines remain uncertain. I will keep an eye on whether the recent recovery holds as the market digests the latest corporate supply dump.

MARKET ANALYSIS

Bitcoin is currently trading at $62,341.00 (-0.66%).

Exchange netflow sits at +15/50 while the Fear & Greed index holds at 24. That combination suggests sellers remain present but lack conviction, even as the broader risk-on regime keeps a structural floor under price. Long-term holders continue to accumulate through the dips, and Long-term wallets show no signs of distribution. If outflows stabilize near current levels, the asset could continue grinding higher toward the $65,000 resistance zone. A sudden spike in net inflows would likely flip control to the bears and test the $59,000 support.

SCENARIOS

- Range-Bound Grind (45%): triggers: Exchange netflow stays positive, Fear & Greed holds 20-30, price oscillates between $59,000 and $65,000. Invalidation: Fear & Greed drops below 15 or netflow turns sharply negative.
- Risk-On Breakout (35%): triggers: Netflow turns negative as holders withdraw coins, Fear & Greed crosses 35, price closes above $65,000. Invalidation: Price rejects $65,000 twice or netflow spikes back above +25.
- Sentiment-Driven Pullback (20%): triggers: Macro risk-off shift pushes Fear & Greed below 20, price breaks $59,000. Invalidation: Price holds $59,000 or netflow remains positive.

KEY MARKET MOVERS

-Strive Treasury Accumulation: Strive Inc. added 6,236 bitcoin during the second quarter at an average cost of $74,290, though the company funds its purchases through $783 million in perpetual preferred stock carrying a 12.25 percent annualized dividend rate.

-Federal Regulatory Push: Lawmakers are advancing the Digital Asset Market Clarity Act and expanding the federal Strategic Bitcoin Reserve, which should provide structural support for institutional participation later this year.

-Quantum Computing Risk: Skeptics note that a sufficiently powerful quantum machine could break Bitcoin's encryption within five years, which would force difficult protocol upgrades before the next halving event.

-April 2028 Halving: A scheduled supply reduction in early 2028 will likely trigger the next major price movement, though past four-year market rhythms never guarantee future results.

TOP STORIES

1. Strategy Sells 3,588 BTC for $216M, Pushing Bitcoin Below $62K
URL: https://news.bitcoin.com/bitcoin-stumbles-after-strategys-historic-sale
Published: 2026-07-06 09:32 AM CT
Summary: Strategy sold 3,588 bitcoin for $216 million on Monday to cover dividend payments on its preferred stock. The announcement pushed bitcoin down to $61,246, erasing the weekend recovery that had brought the asset near $64,000. Coinglass recorded $175 million in crypto long liquidations and $75 million in bitcoin longs as the broader market followed the decline. Traders pointed out that the disposal undoes most of the 3,657 bitcoin the company purchased just last month. The Crypto Fear and Greed Index dropped to 24, reflecting extreme fear as participants wait to see whether this sale signals a permanent shift in corporate treasury strategy.

2. Strategy Sells 3,588 Bitcoin to Fund Preferred Stock Dividends
URL: https://news.bitcoin.com/strategy-sells-3588-bitcoin-for-216-million-to-cover-dividend-payments
Published: 2026-07-06
Summary: Strategy sold 3,588 bitcoin for $216 million on July 5, 2026, to cover quarterly and monthly dividend payments on its preferred stock series. The transaction reduced the company's bitcoin reserve to 843,775 coins while leaving $2.55 billion in cash on hand. The average sale price of roughly $60,201 per coin sits well below the $77,135 average recorded during a minor 32-coin sale in late May. This move marks the third time the firm has liquidated bitcoin since December 2022, signaling that dividend obligations now carry measurable weight on the balance sheet. Bitcoin dipped below $63,000 following the announcement before stabilizing near $62,000, and the $2.55 billion cash cushion will determine whether the company needs to liquidate more coins before the next payout cycle.

3. Bitcoin's Next Bull Market: Supply Squeeze, Halving, and Quantum Risks
URL: https://finance.yahoo.com/markets/crypto/articles/prediction-bitcoin-next-bull-market-132600667.html
Published: 2026-07-06 09:26 AM CT
Summary: Long-term holders currently lock up 16.7 million Bitcoin in wallets for over 155 days, and that tightening supply will meet the April 2028 halving to push prices higher. The author projects the next bull cycle will likely launch after September 2026 and peak around 2029, with Bitcoin potentially trading between $300,000 and $800,000. Skeptics point to quantum computing as a genuine threat, noting that a sufficiently powerful machine could break Bitcoin's encryption within five years and force difficult protocol upgrades. Macro liquidity conditions will also dictate whether the rally expands or stalls, since cheap money historically fuels the asset while tight conditions cool it. The analysis treats those price targets as rough estimates rather than guarantees, and the author discloses an existing position in the coin.

4. Bitcoin's 54% Drawdown and the Case for a Cycle Recovery
URL: https://finance.yahoo.com/markets/crypto/articles/bitcoin-down-54-time-high-102200762.html
Published: 2026-07-06 06:22 AM CT
Summary: Bitcoin currently trades near $58,000 after shedding 54% of its value from the $126,000 peak recorded in late 2025. The author points to Bitcoin's established four-year market rhythm, noting that the asset lost 64% of its value during the 2022 downturn before climbing back to six figures by the close of 2024. Lawmakers are pushing the Digital Asset Market Clarity Act and expanding the federal Strategic Bitcoin Reserve, which should provide structural support for a 2027 recovery. A scheduled supply reduction in early 2028 will likely trigger the next major price movement, though skeptics correctly note that past cycles never guarantee future results. The analysis suggests investors who tolerate the current volatility could see meaningful gains by the end of 2026, with stronger upside arriving after the halving event.

5. Strive Accumulates 6,236 Bitcoin in Q2 as Treasury Reaches 19,882 Coins
URL: https://bitcoinmagazine.com/news/strive-asst-adds-17-76-bitcoin
Published: 2026-07-06
Summary: Strive Inc. added 17.76 bitcoin last week to bring its total treasury to 19,882 coins, with the quarterly purchase totaling 6,236 bitcoin at an average cost of $74,290. The company reported a 24 percent bitcoin yield for the second quarter and holds $144.5 million in cash, though its blended cost basis sits at $94,761 per coin well above the recent purchase price. Management funds the accumulation through $783 million in perpetual preferred stock that carries a 12.25 percent annualized dividend rate, pushing the yearly payout obligation to $101.8 million. Bitcoin fell from $114,332 in September 2025 to roughly $58,631 by quarter end, and skeptics note that the firm's share price can diverge sharply from its underlying holdings while past yields do not guarantee future results.

6. Dave Portnoy Vows to Hold Bitcoin Through Losses After $100,000 Purchase
URL: https://finance.yahoo.com/markets/crypto/articles/bitcoin-news-today-dave-portnoy-110951199.html
Published: 2026-07-06 07:09 AM CT
Summary: Dave Portnoy bought roughly $100,000 in Bitcoin at $100,000 per coin and now sits on a 37 percent loss while the asset trades near $61,600. He told FOX Business he will keep the position until it reaches zero rather than sell and watch the price recover. His trading history shows a consistent pattern of poor timing, including an early Bitcoin purchase in 2020 that he exited before the price tripled and a large XRP position that remains underwater. The article points to his experience as a clear example of reactive retail trading, where investors chase rallies and panic during drawdowns. Market observers note that his public losses highlight how entry discipline and a defined exit plan usually matter more than raw conviction in an asset.

newspost.py Version: v1.3.2 | Model: Ornith-1.0-35B-heretic-Q4_K_M.gguf (27991MiB)

[BitHodlers]

TOP STORIES

1. Strategy Sells 3,588 BTC for $216M, Pushing Bitcoin Below $62K
URL: https://news.bitcoin.com/bitcoin-stumbles-after-strategys-historic-sale
Published: 2026-07-06 09:32 AM CT
Summary: Strategy sold 3,588 bitcoin for $216 million on Monday to cover dividend payments on its preferred stock. The announcement pushed bitcoin down to $61,246, erasing the weekend recovery that had brought the asset near $64,000. Coinglass recorded $175 million in crypto long liquidations and $75 million in bitcoin longs as the broader market followed the decline. Traders pointed out that the disposal undoes most of the 3,657 bitcoin the company purchased just last month. The Crypto Fear and Greed Index dropped to 24, reflecting extreme fear as participants wait to see whether this sale signals a permanent shift in corporate treasury strategy.

2. Strategy Sells 3,588 Bitcoin to Fund Preferred Stock Dividends
URL: https://news.bitcoin.com/strategy-sells-3588-bitcoin-for-216-million-to-cover-dividend-payments
Published: 2026-07-06
Summary: Strategy sold 3,588 bitcoin for $216 million on July 5, 2026, to cover quarterly and monthly dividend payments on its preferred stock series. The transaction reduced the company's bitcoin reserve to 843,775 coins while leaving $2.55 billion in cash on hand. The average sale price of roughly $60,201 per coin sits well below the $77,135 average recorded during a minor 32-coin sale in late May. This move marks the third time the firm has liquidated bitcoin since December 2022, signaling that dividend obligations now carry measurable weight on the balance sheet. Bitcoin dipped below $63,000 following the announcement before stabilizing near $62,000, and the $2.55 billion cash cushion will determine whether the company needs to liquidate more coins before the next payout cycle.

Bad bot, do not post the same story twice with a different link. Artificial intelligence they call it 

[BobLawblaw]

Yeah yeah, just added content detection for deduping… Oops.

EDIT: Fixed for next run

Code:

[-] Selected 7 unique, diversified stories.
[-] Final selection after current-run dedup: 7 stories
[-] LLM [1/7]: https://bitcoinmagazine.com/news/strategy-mstr-sells-3588-bitcoin bitcoinmagazine.com
    → Strategy Sells Record 3,588 Bitcoin to Fund Preferred Divide...  Published: 2026-07-06 07:27 AM CT
[-] LLM [2/7]: https://finance.yahoo.com/markets/crypto/articles/prediction-bitcoin-next-bull-market-132600667.html yahoo.com
    → Bitcoin's Next Bull Market: Supply Squeeze, Halving, and Qua...  Published: 2026-07-06 09:26 AM CT
[-] LLM [3/7]: https://cointelegraph.com/markets/bitcoin-price-falls-on-strategy-btc-sales cointelegraph.com
    [DATE-ONLY] No time recovered but summary has facts — keeping.
    → Strategy Bitcoin Sales Trigger 4 Percent Price Dip...  Published: 2026-07-06
[-] LLM [4/7]: https://finance.yahoo.com/markets/crypto/articles/bitcoin-news-today-dave-portnoy-110951199.html yahoo.com
    → Dave Portnoy Holds $100K Bitcoin Stake Through 37% Loss...  Published: 2026-07-06 07:09 AM CT
[-] LLM [5/7]: https://finance.yahoo.com/markets/crypto/articles/bitcoin-down-54-time-high-102200762.html yahoo.com
    → Bitcoin's 54% Drawdown and the Case for a Historical Recover...  Published: 2026-07-06 06:22 AM CT
[-] LLM [6/7]: https://bitcoinmagazine.com/news/strive-asst-adds-17-76-bitcoin bitcoinmagazine.com
    [DATE-ONLY] No time recovered but summary has facts — keeping.
    → Strive Adds 17.76 Bitcoin as Treasury Reaches 19,882 Coins...  Published: 2026-07-06
[-] LLM [7/7]: https://bitcoinmagazine.com/news/president-trump-signals-openness-bitcoin bitcoinmagazine.com
    [DATE-ONLY] No time recovered but summary has facts — keeping.
    → Trump Signals Bitcoin Could Join New Government Savings Acco...  Published: 2026-07-06
    [DEDUP] Skipping story (same event as earlier): https://cointelegraph.com/markets/bitcoin-price-falls-on-strategy-btc-sales (covered by https://bitcoinmagazine.com/news/strategy-mstr-sells-3588-bitcoin)
    [DEDUP] 6 stories after cross-story dedup
[-] BTC (Live, fetched early): $63,419.00 (+1.17%) MC:$1.27T

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

sort of looks like a bear trap happened this morning, hopefully not too soon to talk.

Those Patriot front goobers, That is a psyop, or I'll eat my shoe.

That picture with a bunch of those guys on a train with one young black woman. Look at the guy in the furthest right foreground. Look at his nose, at the skin tone. Compare it to her skin tone. I don't know, maybe it's just a camera thing.

[Floczy]

Also, don't ignore the running costs. 56 BTC is the buying price. How much will it cost per year to maintain, heat, cool, pay taxes for it?

I see a huge money drain...

Definitely it is, but I'll tell you what, most people that get to buy these houses do not really feel impact when the money leaves their wallets for buying or maintenance
That's why when they ask are you able to afford something?  They don't literally mean to just buy it, they mean to buy it spend in it and still stay comfortable like nothing serious happened.

It's good to get a property and enjoy it to the fullest, but sometimes when someone tries hard to buy a property if he can maintain it he/she will end up selling it, and That's not a good one.

[philipma1957]

Also, don't ignore the running costs. 56 BTC is the buying price. How much will it cost per year to maintain, heat, cool, pay taxes for it?

I see a huge money drain...

Definitely it is, but I'll tell you what, most people that get to buy these houses do not really feel impact when the money leaves their wallets for buying or maintenance
That's why when they ask are you able to afford something?  They don't literally mean to just buy it, they mean to buy it spend in it and still stay comfortable like nothing serious happened.

It's good to get a property and enjoy it to the fullest, but sometimes when someone tries hard to buy a property if he can maintain it he/she will end up selling it, and That's not a good one.

That house needs 360k in repairs.

That house will cost close to 100k a year to pay for all upkeep.

so 56x65000=3,640,000

and add the 360k in repairs 4,000,000 up front.  which is about 85btc if you owe tax on the btc

and for now 2 btc a year to maintain it and pay for tax etc.

so if you are 45 and live there for 30 years you will pay at least 30 more btc on it.  thus it is a 115btc  house

[OutOfMemory]

And the paper hand medal goes to Patrick Shyu:

https://www.youtube.com/watch?v=VZVTjg85JwA

He was over-leveraged.

so he was hands free.

So he had paper paper hands...  

EDIT: Nah, scratch that. Leverage is borrowed liquidity, so it's not really paper. "Hands free" is more appropriate.

[Biodom]

Booked an AirBnB villa in Madeira for summer 2026. Last year spring, atleast most AirBnB accommodations in Madeira where reserved for the summer so i needed to be on time.

Madeira is also called Flower Island ore Hawaï of Europe is an exotic destination which is fantastic for hiking trips.

Going with 5 people in total all paid by me, the villa, flight tickets, car rental only food and drinks together.

Making pictures  with my family for life-long memories, unfortunately not with my mother because she passed away in August.

Spending €10,000 will be well worth it. Thank you Bitcoin.

Retired for 5+ years.

No debt.

Peace of mind.

Financial freedom.

I don't care anymore.

Cheers!

Sold your btc?
Cool, anyway.
I could retire, but for me, it is a more interesting life, working.
Thinking about doing something entrepreneurial, perhaps...or a charity, maybe, if I could not swing it (entrepreneurial idea) and/or bitcoin "cooperates".

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com