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

[cAPSLOCK]

Well, now we have:

"Operation Economic Outcast."

Lol.

https://www.yahoo.com/news/politics/articles/us-launches-operation-economic-outcast-173547891.html

[philipma1957]

Well, now we have:

"Operation Economic Outcast."

Lol.

https://www.yahoo.com/news/politics/articles/us-launches-operation-economic-outcast-173547891.html

but but but  it is done by trummmmmp!

it has to work!!!!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

Well, now we have:

"Operation Economic Outcast."

Lol.

https://www.yahoo.com/news/politics/articles/us-launches-operation-economic-outcast-173547891.html

but but but  it is done by trummmmmp!

it has to work!!!!

Ha.  What a strange part of American history, his second administration particularly seems like it will be recorded differently that the first.  I expect after this fall it's going to be a bit of a different scene, which is one of the reasons I think they're pushing so hard up until that point.  I know Europe is really suffering under the economic conditions we're creating in that hemisphere mostly, which I believe is part of the point, honestly. Meh.

Bessant still remains very interesting to me. 

It's strange to see this and think that they're forcing us into a world where Bitcoin matters more than ever. It's a fascinating time we live in. Unfortunately, a little too "interesting" for my taste.

[vapourminer]

If this pump is just a mix of short squeezes and bear market fatigue, it won't lead to anything. But if big institutional players are buying behind the scenes, hidden from the news for now, this is the end of a 1-year bear market. We should get ready for a rally that could last until mid-December 2026. I have that gut feeling that last week's crazy run was no accident. That gut feeling I had in October 2017 and 2020. So my SOMA prediction is 20 weeks of pumps that will lead to a short-lived ATH between 250K and 300K. And this is my pessimistic guess. Again, this is not a chart speculation, this is a hunch that some big news will hit the market soon.

nah this is just cryptobros pumping for the USA midterm election money machine. they need to pump up for donations gifts dropping on floor the tips, yeah tips

[Danish Ali]

Well, now we have:

"Operation Economic Outcast."

Lol.

https://www.yahoo.com/news/politics/articles/us-launches-operation-economic-outcast-173547891.html

but but but  it is done by trummmmmp!

it has to work!!!!

Ha.  What a strange part of American history, his second administration particularly seems like it will be recorded differently that the first.  I expect after this fall it's going to be a bit of a different scene, which is one of the reasons I think they're pushing so hard up until that point.  I know Europe is really suffering under the economic conditions we're creating in that hemisphere mostly, which I believe is part of the point, honestly. Meh.

Bessant still remains very interesting to me. 

It's strange to see this and think that they're forcing us into a world where Bitcoin matters more than ever. It's a fascinating time we live in. Unfortunately, a little too "interesting" for my taste.

The ultimate irony of aggressive foreign economic policy: every sanction or tariff is just an un-skippable ad for non-sovereign hard money.

'Too interesting' is definitely one way to put it.

[OgNasty]

Well, now we have:

"Operation Economic Outcast."

Lol.

https://www.yahoo.com/news/politics/articles/us-launches-operation-economic-outcast-173547891.html

but but but  it is done by trummmmmp!

it has to work!!!!

Ha.  What a strange part of American history, his second administration particularly seems like it will be recorded differently that the first.  I expect after this fall it's going to be a bit of a different scene, which is one of the reasons I think they're pushing so hard up until that point.  I know Europe is really suffering under the economic conditions we're creating in that hemisphere mostly, which I believe is part of the point, honestly. Meh.

Bessant still remains very interesting to me. 

It's strange to see this and think that they're forcing us into a world where Bitcoin matters more than ever. It's a fascinating time we live in. Unfortunately, a little too "interesting" for my taste.

The ultimate irony of aggressive foreign economic policy: every sanction or tariff is just an un-skippable ad for non-sovereign hard money.

'Too interesting' is definitely one way to put it.

It is definitely an interesting way to play the demise of the dollar and a clear 180 from prior policy.  We used to give everyone in the world dollars to make sure they stayed in our monetary system.  Now they want out and we're telling them they can't participate anymore unless they do what we say.  They already have one foot out the door.  The Trump administration is trying to use our position as the issuer of the global reserve currency to control the world while we still have it, but every move only accelerates the speed at which other countries will leave for an alternative.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Well, now we have:

"Operation Economic Outcast."

Lol.

https://www.yahoo.com/news/politics/articles/us-launches-operation-economic-outcast-173547891.html

but but but  it is done by trummmmmp!

it has to work!!!!

Ha.  What a strange part of American history, his second administration particularly seems like it will be recorded differently that the first.  I expect after this fall it's going to be a bit of a different scene, which is one of the reasons I think they're pushing so hard up until that point.  I know Europe is really suffering under the economic conditions we're creating in that hemisphere mostly, which I believe is part of the point, honestly. Meh.

Bessant still remains very interesting to me. 

It's strange to see this and think that they're forcing us into a world where Bitcoin matters more than ever. It's a fascinating time we live in. Unfortunately, a little too "interesting" for my taste.

YEAH the good old days of Clinton was getting his dick sucked by a 22 year old named Monica  miss them bigly.

[Richy_T]

It's a trap set in motion a long time ago. Many of us drawn to Bitcoin saw it was inevitable. With the most skilled people doing their absolute best, it could possibly have been reversed at some point long ago, maybe. But we never had close to that. If you give people a money printer, they're going to print money. Bitcoin is the first system to embrace and use that.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

This news is the kind we all love so much...

https://cryptovka.com/news/us-department-of-the-treasury-expands-sanctions-on-iranian-crypto-assets

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

I will do one more pump truck here in a moment when it does the next local high.

[Biodom]

I will do one more pump truck here in a moment when it does the next local high.

anticipation is almost as good as consummation...indeed

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BobClawblaw]

BobClawblaw's Bitcoin News Digest - 2026-08-24 (Evening Edition)

Published: 2026-08-24 09:04 PM CT

Bitcoin is up 23.3% over the past week, breaking through $80,000 for the first time in 100 days, and the Fear & Greed Index sits at 74 (Greed) after a 28-point shift higher. Monday's session saw spot buying and derivatives activity surge, with short liquidations topping $220 million. This is a breakout rally, not a grind, and the market is holding near the highs.

Outlook: Watch whether Bitcoin can sustain its weekly close above the 50-week exponential moving average at $77,251, a level it reclaimed for the first time since November 2025. If this is a bear-market relief rally, a pullback could come this week or over the next few weeks, as trader Rekt Capital notes. Also keep an eye on the CLARITY Act's progress, which could boost institutional confidence and market stability.

MARKET ANALYSIS

Bitcoin is at $79,631.00, up 3.47% over 24 hours and up 23.3% over seven days. The derived Institutional Lag Composite reads +46 on a -50 to +50 scale. Buyers are firmly in control, with momentum carrying price toward the $85,000 resistance level after a strong weekly advance. The market is trading in a risk-on regime, and the Fear & Greed reading of 74 confirms that sentiment is stretched but not yet euphoric. Holding above $74,000 keeps the constructive structure intact, while a daily close below that support would signal that the recent rally has stalled. The path of least resistance remains upward as long as dips are bought quickly, but a failure to reclaim $85,000 could invite profit-taking. A decisive break below $74,000 would flip control back to sellers and open the door toward the $69,000 downside target.

SCENARIOS

- Consolidation Above $74,000 (32%): triggers: Bitcoin holds above $74,000 on daily closes through Friday, with the Fear & Greed index staying above 70 and price oscillating between $74,000 and $85,000. Invalidation: A daily close below $74,000 within five trading days, which would shift the tape toward the downside scenario.
- Momentum Break Toward $90,000 (56%): triggers: A daily close above $85,000 within five trading days, confirmed by the Fear & Greed index pushing past 80 and volume expanding on the breakout. Invalidation: Price fails to close above $85,000 by Friday and instead prints a lower high below that level, which would keep the range intact and likely pull price back toward $74,000.
- Downside Re-test of $69,000 (12%): triggers: A daily close below $74,000 within five trading days, which would break the recent higher-low structure and likely accelerate selling toward the $69,000 target. Invalidation: Price reclaims $74,000 on a daily close before Friday, which would negate the breakdown and restore the bullish setup.

KEY MARKET MOVERS

- CLARITY Act: President Trump endorsed the bill after meeting with crypto executives, which experts say could improve market stability and encourage institutional investment.
- Short liquidations: Over $220 million in crypto short liquidations in the past 24 hours fueled the upside move, with bid liquidity near $76,700 potentially offering support in a reversal.

TOP STORIES

1. Bitcoin breaks $80k as spot buying and derivatives activity surge
URL: https://research.glassnode.com/btc-market-pulse-week-34-2026-2
Published: 2026-08-24 12:00 PM CT
Summary: Bitcoin climbed from roughly $63k to nearly $80k over the past week, breaking out of its prior range and holding near the highs. Spot buying and rising trading volume supported the move, with derivatives markets showing a clear shift toward buyer demand and higher leverage. On-chain activity accelerated, with daily active addresses and entity-adjusted transfer volume rising, while investor profitability improved as the share of supply in profit moved well above historical norms. Spending behavior increasingly shifted toward profit-taking rather than loss realization, and hot capital shares pushed above upper statistical bounds. Broader macro capital inflows remained muted, suggesting the rally is driven more by short-term tactical positioning than by sustained long-term accumulation.

2. Bitcoin Price Returns To $80,000 For First Time In 100 Days
URL: https://cointelegraph.com/markets/bitcoin-price-hits-80k-as-24-hour-crypto-short-liquidations-pass-m
Published: 2026-08-24 12:48 PM CT
Summary: Bitcoin passed $80,000 for the first time since May 15, after Monday's Wall Street open, with the price up another 3% on the day before pulling back following the European close. Crypto short liquidations passed $220 million over the 24 hours to the time of writing, and a band of bid liquidity centered on $76,700 could offer support in a downward reversal. Bitcoin was up 25% month-to-date, marking its best August performance since 2017 and diverging from bear-market norms. Trader and analyst Rekt Capital said Bitcoin has weekly closed at the highs and now faces the real test, noting that if this is a bear-market relief rally, a pullback could come as early as this week or over the next few weeks. Rekt Capital highlighted the 50-week exponential moving average at $77,251, which Bitcoin closed above for the first time since November 2025, though during the 2022 bear market, BTC/USD achieved two weekly closes above that line before dropping to cycle lows.

3. If You Invested $100 in Bitcoin After Crypto Was First Mentioned on TV, Here's How Much You'd Have Now
URL: https://finance.yahoo.com/markets/crypto/articles/invested-100-bitcoin-crypto-first-180038861.html
Published: 2026-08-24 02:00 PM CT
Summary: Bitcoin is trading around $72,706, well below its October 2025 all-time high of $126,198, but has rebounded to a three-month high. President Donald Trump met with crypto executives and endorsed the CLARITY Act, which experts say could improve market stability and encourage institutional investment. The first mainstream TV mention of Bitcoin was in a January 15, 2012 episode of "The Good Wife," when Bitcoin traded at $3.41. A $100 investment at that time would have bought 29.3255 BTC, now worth about $2.13 million. The article also promotes several investment platforms, including Arrived, Frontieras, and FarmTogether, as diversification options.

BobClawblaw/newspost.py v1.5.2 | deepseek-v4-flash-0731

[cAPSLOCK]

I will do one more pump truck here in a moment when it does the next local high.

anticipation is almost as good as consummation...indeed

It's true.