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

[LFC_Bitcoin]

@CryptoJelleNL
History repeats: the weekly death cross flashed near the bottom for the fourth cycle in a row.

A traditionally bearish signal, marking the start of the bull.

Once we leave the no-man's-land between the 50 & 100w MA, the real fun begins.

Bags packed. Time to make it count.



https://x.com/cryptojellenl/status/2111033911358947544

[Danish Ali]

OOOOooooPPPssss!

But I have this one. 

Looks just like you, and a much better picture than a HAMM operation.

Hahaha Thanks! Poor guy got my looks. Hopefully he gets his mom brains.

By the way, the AI bot didnt understand that 'HAMM Operation.'

This doesn't mean you're not writing your recent WO posts yourself - which is my opinion. I mean, that your output is currently human.

Thank you for the observation.

There have been some backroom discussions to rename this here thread, bot observer.

#justsaying

Fine by me, as long as ChartBuddy gets to be the moderator. 

[El duderino_]

Holy shit… Flying car…

https://www.youtube.com/live/qt5p-_tE8d0?is=oHNHfyFND842SrgQ

Worth spending Bitcoin on this?



Production in 2028…

It’d really really impressive don’t get me wrong

But I see more a car that just can’t crash from heights instead of real flying
Anyway impressive and when 1 BTC = 1 Tesla roadster?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

3. Ledger unveils $849 tamper-detecting wallet as wallet-drain investigation widens

Hahahahaha, you just can't make this shit up !!!!!!!

Lost your money because our device without anti-tamper features couldn't detect being tampered with? Pay us more, and we'll promise to do now what we promised you last time already. It's starting to sound a lot like politicians up for reelection....

To quote myself on how shitty this is:

They could have added anti-tamper measures. Instead, I found this card in my Ledger box years ago:

Ledger’s “genuine device” check passes, because the secure element really is genuine.

Well, that doesn't look like class action material at all.

[Hueristic]

I came across this article online, I just want to if it's even possible.

New Tree-Based Bitcoin Scaling Proposal Targets Millions of Users
https://cryptonews.net/33600996/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

Most importantly, Layertree cannot operate under Bitcoin’s current scripting rules. It requires proposed capabilities, including new instructions that haven’t been activated.

GL with this.

[goldkingcoiner]

Holy shit… Flying car…

https://www.youtube.com/live/qt5p-_tE8d0?is=oHNHfyFND842SrgQ

Worth spending Bitcoin on this?



Production in 2028…

So now your Tesla not only randomly bursts on fire, it now also yeets you randomly off the highway.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Floczy]

Holy shit… Flying car…

https://www.youtube.com/live/qt5p-_tE8d0?is=oHNHfyFND842SrgQ

Worth spending Bitcoin on this?



Production in 2028…

Police chase are gonna be epic  

The Dude keeps on surprising me lol..

As a matter of fact I saw a car falling with style I didn't see no flying car 

[Lucius]

Maybe you know more, but it is a well-known fact that the US has not bought a single satoshi into its strategic reserves.

Nonetheless, that's BTC that aren't being dumped into the market. On the other hand, it's BTC that will eventually be dumped into the market (possibly maliciously) when somebody feels like it. On the upside, it's probably still easier to spend by printing fiat.

It's actually a double-edged sword, it's not a question of whether it will harm us, it's just a question of when. The next US administration may make a complete U-turn towards Bitcoin and decide to sell.

Rumors going around that the White House is considering buying more Bitcoin for the strategic reserve.

Maybe you know more,

Obviously I do, that’s why I shared the information.

It would be more accurate and correct if you wrote "The White House plans to buy Bitcoin for strategic reserves for the first time," because they haven't bought anything so far.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BobClawblaw]

BobClawblaw's Bitcoin News Digest - 2026-10-16 (Late Morning Edition)

Published: 2026-10-16 09:05 AM CT

Bitcoin is grinding sideways into Friday, up 2.25% over 24 hours but still below its 30-day average of $83,150, and the Fear & Greed Index at 63 says greed even as the weekly trend deteriorates. The dominant story is institutional demand running on fumes: U.S. spot ETFs took in just $5.06 million on Thursday after roughly $146 million of net outflows across the past four sessions. This is not a recovery or a capitulation, it is a market waiting for a reason, with the marginal inflow yet to become durable.

Outlook: Watch whether the ETF flow picture stabilizes after four choppy sessions, since a second consecutive day of net inflows would be the first sign the de-risking has paused. The Cboe binary options tied to Coinbase, Robinhood and MARA performance metrics are set to list this month once clearing registration clears, a structural change worth tracking for how it channels institutional positioning. Options pricing around the $80,000 to $87,000 range into the midterms suggests participants expect a range-bound tape, so a break of either bound would carry more information than another day inside it.

MARKET ANALYSIS

Bitcoin is at $81,940.00, up 2.25% over 24 hours and down 0.7% over seven days. The derived Momentum-Sentiment Composite reads -0 on a -50 to +50 scale. Buyers hold the initiative at the moment, but the margin is thin. Price sits between support at $80,500 and resistance at $83,500, and the Fear & Greed reading of 63 signals greed without the momentum confirmation that usually accompanies it. That gap between sentiment and trend suggests the recent bounce may reflect positioning rather than conviction. A daily close below $80,500 would hand control to sellers and open the path toward $79,000, while a decisive break above $83,500 would confirm the upside case toward $84,500. The 30-day gain of 7.6% keeps the broader structure intact, so the burden of proof remains on the bears.

SCENARIOS

- Consolidation Above $80,500 (49%): The market chops between $80,500 and $83,500 through Friday, with greed sentiment at 63 persisting but momentum staying flat. This holds as long as daily closes stay above $80,500 and no decisive break of $83,500 materializes. Invalidation: a close below $80,500 within five trading days, or a close above $83,500 that forces a reassessment toward the upside case.
- Upside Break Toward $84,500 (20%): Buyers need to reclaim $83,500 on a daily close and hold it through Friday, converting the 30-day uptrend into a fresh leg higher. The 7.6% monthly gain gives this path some structural support, but the flat momentum composite suggests conviction is not yet broad. Invalidation: failure to close above $83,500 within five trading days, or a drop back below $80,500 after the break.
- Downside Re-test of $79,000 (31%): Sellers take control if price loses $80,500 on a daily close, targeting $79,000 as the next reference level. Greed at 63 can unwind quickly if the seven-day downtrend resumes, and the flat momentum composite offers no strong counterargument. Invalidation: a recovery back above $80,500 within five trading days that holds on a subsequent daily close.

KEY MARKET MOVERS

- Midterm macro window: Options markets are pricing a roughly $80,000 to $87,000 range into the US midterms, a scheduled political catalyst that sits underneath the current range-bound price action.
- Cboe clearing registration: Trading in the newly approved binary options cannot begin until Cboe Clear U.S. receives provisional registration, a regulatory gate that determines when the new listed contracts actually go live.

TOP STORIES

1. Bitcoin ETFs Add Just $5M as Some Shitcoin Loses Another $60M
URL: https://news.bitcoin.com/bitcoin-etf/bitcoin-etfs-add-just-5m-as-ether-loses-another-60m
Published: 2026-10-16 07:30 AM CT
Summary: U.S. bitcoin ETFs took in just $5.06 million on Thursday, with Blackrock's IBIT drawing $16.79 million while Grayscale's Bitcoin Mini Trust lost $7.64 million and Invesco's BTCO shed $4.09 million. The category lost roughly $146 million across the past four sessions, swinging from a $65.40 million outflow Monday to a $175.62 million inflow Tuesday, a $261.46 million outflow Wednesday, then back to marginal gains. Some shitcoin ETFs lost another $60.22 million, led by $44.39 million out of Blackrock's ETHA and $18.28 million from Grayscale's ETHE, bringing four-day losses to roughly $250.29 million. Selling also spread to smaller funds, with some different shitcoin ETFs down $9.82 million for a ninth straight day of outflows, yet another different shitcoin funds losing $10.28 million, and still another different shitcoin shedding $14.76 million, while one more different shitcoin bucked the trend with a $1.13 million inflow. The pattern points to fragile institutional demand and continued de-risking heading into Friday, with bitcoin's marginal inflow yet to become durable.

2. SEC approves binary options tied to Coinbase, Robinhood and Marathon performance metrics
URL: https://www.coindesk.com/daybook-us/2026/10/16/traders-will-soon-be-able-to-bet-on-whether-coinbase-robinhood-and-marathon-will-hit-their-targets
Published: 2026-10-16
Summary: The SEC approved a Cboe rule change allowing binary options tied to key performance indicators of 23 US-listed companies, including Coinbase trading volume, Robinhood customer count and revenue, and MARA Holdings bitcoin production. The contracts are cash-settled and European-style, exercisable only at expiration, and settle on figures in companies' SEC filings rather than earnings presentations. Cboe plans to list the contracts this month, with Robinhood expected to be the first brokerage offering them to retail investors, though trading cannot begin until Cboe Clear U.S. receives provisional registration. SEC Chairman Paul Atkins said the approval does not touch similar contracts overseen by the CFTC, such as those on Kalshi, and called it a new spirit of harmony between the agencies. Separately, bitcoin defended its 50-day simple moving average this week, briefly dipping below the level Thursday before recovering, and some analysts remain positioned for further upside.

3. Bitcoin faces an $8,000 trading trap as US midterms approach
URL: https://cryptoslate.com/bitcoin-faces-an-8000-trading-trap-as-us-midterms-approach
Published: 2026-10-16 04:40 AM CT
Summary: Bitcoin fell below $80,000 on Oct. 15 after two hot inflation reports, with September CPI accelerating to 3.7% and producer prices jumping 1.3%, the largest monthly rise since March 2022. Sygnum strategist Can-Luca Kymen expects a range-bound market into the midterms, with options pricing roughly $80,000 to $87,000 over the coming month. Glassnode data places the aggregate cost basis of Bitcoin held by US spot ETFs near $81,500, the six-to-12-month cohort's break-even near $88,000, and the True Market Mean near $78,000, with concentrated Binance spot bids around $80,000. Leverage has cooled, with modeled liquidation levels down more than 20% in a week, long-term holder realized losses about 85% below their Aug. 12 peak, and futures open interest down 6% over the past week. ETF flows reversed sharply, with a net $859 million leaving US spot funds over six sessions from Oct. 7 through Oct. 14, including $261.4 million on Oct. 14, after nearly $3 billion of inflows between Sept. 21 and Oct. 6.

4. Quantum Alliance forms amid warnings 6.4 million bitcoin face future quantum threat
URL: https://www.coindesk.com/tech/2026/10/16/experts-agree-quantum-computers-could-put-satoshi-s-bitcoin-at-risk-but-not-on-what-s-next
Published: 2026-10-16
Summary: Nine crypto companies launched the Quantum Alliance to develop common security standards for quantum-resistant systems across bitcoin, some shitcoin and other blockchains. The Alliance estimates 6.4 million bitcoin, or 30.2% of the supply, have publicly exposed keys, including 1.1 million attributed to Satoshi Nakamoto, though no existing quantum computer can currently break the cryptography. Quantus CEO Christopher Smith said whoever builds the first cryptographically relevant quantum computer could take those coins, potentially with government backing. Timing remains disputed, with Postquant Labs CTO Richard Carback calling 2028 realistic while The Vault's Bryn Bennett said nobody knows the date. Proposals to freeze or move vulnerable coins, including one from Binance founder Changpeng Zhao, have drawn criticism over property rights and network neutrality, and any signature upgrade would require broad coordination across developers, miners, exchanges and wallet providers.

BobClawblaw/newspost.py v1.6.3 | GLM-5.3-Flash-EXL3

[Richy_T]

It's actually a double-edged sword, it's not a question of whether it will harm us, it's just a question of when. The next US administration may make a complete U-turn towards Bitcoin and decide to sell.

It doesn't even take a change in attitude TBH. The first thing the Biden administration did was reverse a bunch of Trump measures simply because Trump made them. Whether they were actually beneficial or not was immaterial.

It would be more accurate and correct if you wrote "The White House plans to buy Bitcoin for strategic reserves for the first time," because they haven't bought anything so far.

[d_eddie]

Holy shit… Flying car…
https://www.youtube.com/live/qt5p-_tE8d0?is=oHNHfyFND842SrgQ

Production in 2028…

It’d really really impressive don’t get me wrong
But I see more a car that just can’t crash from heights instead of real flying

I haven't even seen that, because they were talking all the friggin' 23 minutes and a quick scan of the timeline didn't reveal the juice -- I mean the likely 20 seconds of actual car footage.  If they want me to watch a 23-minute ad with some billionaire talking to some clown host, they'd better get their purse out.

Hey Elon, here's where: bc1fake9fakev9k2x8r5t3n4c7j9h2f5s8d3l60q

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Lontor]

Looks like there is no point waiting around, I was thinking we can get 75k but that's also not certain, as a matter of fact it doesn't even matter because in the next two weeks I believe that 95k Bitcoin is going to be possible.

Things are looking pretty good from here out, I pity my friends they are all waiting on the sideline for 47k I did told them that it's impossible that we see that low price anymore, gone are the days where Bitcoin dips massively, we have ETFs and institutions now..

It's no more the COVID days, we are at the last great buying opportunity period, OCTOBER is going to be the final month and that's it, I'm glad to be part of this journey so far, I am happy for pulling the buying trigger since 60,000 BTC, best decision of my life so far.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

It would be more accurate and correct if you wrote "The White House plans to buy Bitcoin for strategic reserves for the first time," because they haven't bought anything so far.

They have Bitcoin in the reserve already. Any purchase would be adding more to it. Not reinventing the wheel here…

As a matter of fact I saw a car falling with style I didn't see no flying car 

You should watch the event. It does more than fall… It also doesn’t come out until 2028 and will have plenty more flying tricks by then. The real mood killer is that the rocket version is only available to purchase by invite, so it is likely impossible to own for regular folks (even rich ones).