π¨ Bitcoin CRASH Coming After November 3rd MIDTERMS?! History Says WATCH OUT! β Transcript
Full transcript
- 0:00The next four to six weeks, I think, are
- 0:02the danger zone for Bitcoin where we
- 0:04could still see a major shakeout. We're
- 0:07in the middle of October right now. We
- 0:09obviously have Trump's midterms on
- 0:11November 3rd. And then on November 11th,
- 0:15we have the confirmation if Strategy,
- 0:19the company, will be removed from the
- 0:22indices or not, which might potentially
- 0:24have a very negative impact on strategy.
- 0:27And who knows, maybe it might even force
- 0:29them to take a more cautious approach or
- 0:32maybe they have to sell Bitcoin. They're
- 0:33claiming they don't, but who knows,
- 0:35right? So, right now, uh you can see
- 0:37Bitcoin is trading at $82,000.
- 0:40We have a nice little heat map here in
- 0:41the market map of everything. It's
- 0:43pretty green today, actually. It's
- 0:45pretty nice. Um we have the fear and
- 0:47greed here at 59. And if you're
- 0:50wondering what this cool little
- 0:51dashboard is over here, this is actually
- 0:54on central command, our trading
- 0:56terminal. We've added this markets page
- 0:58and you can actually customize all of
- 0:59this. You can kind of edit your own
- 1:01layout, which indicators and stuff you
- 1:03want here, which data. It's all 100%
- 1:05free. If you want access to this, I'll
- 1:07put the link in the description down
- 1:09below how you can get started. But this
- 1:10is a really cool way to like kind of
- 1:12start out or have it open if you have a
- 1:14second or a third screen. Um, you can
- 1:16instantly see what's happening here like
- 1:18BTC funding, the open interest. We even
- 1:20have the heat map over here. So, for
- 1:22example, changing it to like the 7-day,
- 1:24these are obviously the liquidation
- 1:26levels. Um, and you can, you know,
- 1:28increase that a little bit to see really
- 1:30where the heavy liquidations lie. And
- 1:32you can see that's around $85,000.
- 1:35So, if the price were to squeeze up to
- 1:36about $85,000, um, that would liquidate
- 1:39a bunch of shorts there. You can also
- 1:41easily change it to like the 30-day and
- 1:43the 3month. Um, you can see even up to
- 1:4689,000. I don't know if they're going to
- 1:48squeeze it there. We we'll look at the
- 1:50charts in a bit, but that's a
- 1:51possibility. It just helps you keep an
- 1:53eye on uh kind of where all the the
- 1:56information lies. So, we also have the
- 1:59Coinbase premium, which you can see is
- 2:01negative, which means there's been a lot
- 2:03of selling on Coinbase. You have the
- 2:05dollar index over here, the overall open
- 2:07interest here on Bitcoin. ETF flows that
- 2:10you can see, and these are obviously
- 2:11from SEC filings. You can see here the
- 2:1413 US spot Bitcoin ETFs in the quarter
- 2:17that ended. Um, so you can see you have
- 2:19all this information and I think from
- 2:21now on more and more I will just start
- 2:22videos with a quick overview like this.
- 2:24Again, if you want access this is just
- 2:26one of the features. It's completely
- 2:27free. I'll put the details in the
- 2:28description down below. So you can see
- 2:31here Bitcoin is trading at around
- 2:32$82,000. This is the weekly chart of
- 2:35Bitcoin. We have the 50WE simple moving
- 2:37average over here. Now, while we can say
- 2:41that technically being above the 50week
- 2:44simple average is bullish technically,
- 2:47um that's how I've been looking at it.
- 2:49We also made a higher high, but we're
- 2:52having a bit of a problem here where if
- 2:53Bitcoin doesn't really see continuation
- 2:56soon, we could potentially be looking at
- 2:58a deviation here. You can see it's
- 3:00sitting right at this level. 82,000 was
- 3:02the May 2026 high, right? And we're
- 3:05starting to drop a little bit. We could
- 3:07technically retest this 50 simple moving
- 3:10average. It's about 76,000. If we get a
- 3:13weekly close below 76,000,
- 3:16then we get back into full bare
- 3:19territory. And it increases the
- 3:21probability that this whole move from 57
- 3:23to 87 was just a big scam pump, a bare
- 3:27market rally where it took out the high,
- 3:28made a deviation. And if we get back
- 3:31below 76, it really does open up the
- 3:33door and make it more likely that we
- 3:36might even still see new lows. And like
- 3:37I said, the next 6 weeks or so could be
- 3:40the window where something like that
- 3:42happens. You can see how quickly the
- 3:44price pumped, right? It went from 63,000
- 3:47to like 76,000 in a single week. It can
- 3:50do the opposite, too, right? It could
- 3:53have a $13,000 drop. I don't know what
- 3:55the reason for that would be. um some
- 3:57something with the economy, something
- 3:59with Trump or the midterms, maybe some
- 4:01escalation in the Middle East, maybe
- 4:03whatever some crazy hack, who knows?
- 4:05Whatever the reason is, but um that's
- 4:08the probability. And based on the chart,
- 4:1076K is key. All right, so at 76,000, if
- 4:13you look on the low time frame, you
- 4:14could potentially look for longs with
- 4:16kind of a tight stop. Or if it goes
- 4:19below, well, then I'm looking for shorts
- 4:20all the way back down. And I still think
- 4:23that is an actual possibility. Now, the
- 4:25probabilities right now still favor the
- 4:27upside as long as we're above a 76. So,
- 4:30that's basically what we're looking at
- 4:32right now. Now, I don't want to give too
- 4:35much fear-mongering or bear porn, should
- 4:37we say. But, one interesting little
- 4:39thing that's a possibility. We all know
- 4:41that price repeats in certain ways.
- 4:43Patterns repeat, whether it's uh on
- 4:46different time frames or different
- 4:48pairs, everything like that. And you can
- 4:49see here, I made the gray box. We had
- 4:51this like little bare flag over here. We
- 4:53dropped um we had a wick, we came down
- 4:55and we went above the high and then it
- 4:57dropped. Now we see something
- 4:59potentially similar here. We had this
- 5:00little bare flag, we dropped, we went
- 5:02up, we went down, we went above and we
- 5:04are sitting right now at that previous
- 5:06high like right at this point and nobody
- 5:09knows for sure. I mean, we just look at
- 5:11the market, right? It's just it's just a
- 5:14possibility. Who knows if it's going to
- 5:15play out, but if we get below 76, like I
- 5:18said, um this maybe increases and maybe
- 5:21we see something like this. I would
- 5:23actually like to see this. I would like
- 5:25us to see 50,000 or below because it
- 5:28would hit so many of the real criteria
- 5:30for a proper bare market low. um where
- 5:34in terms of price we went down enough
- 5:36we'll probably see a bunch of real
- 5:38liquidations this time like actually
- 5:40people quitting the space maybe an
- 5:42exchange going bust or some big company
- 5:44or some big name going bust and then
- 5:46things get interesting in the like
- 5:4840,000s I don't know if we're going to
- 5:50get it like I said maybe this time is a
- 5:52little bit different the problem is if
- 5:55we only had the shallow bare market
- 5:57right so we didn't even draw down 60%
- 5:59which is unusual compared to previous
- 6:01bare cycles because last time it was
- 6:0377%. The time before that in 2014 was
- 6:0686%. So the problem with that is that it
- 6:09potentially opens us up to something
- 6:11like this if we do continue higher where
- 6:13we fail around 100,000 and then continue
- 6:16in an extended bare market which I would
- 6:18prefer not to have. So it's actually
- 6:20more bullish if we go down to new lows
- 6:23first rather than us continuing higher
- 6:25from here and potentially failing at
- 6:28around that Fibonacci golden pocket
- 6:29because that's that exact level, right?
- 6:31If we take the Fibonacci golden pocket,
- 6:33that's at around 105,000.
- 6:35102 to 105,000. And you can see if we
- 6:38were to go up and we did have a run, we
- 6:41would take these highs and potentially
- 6:43if it fails there, the the downside that
- 6:46follows would be potentially worse and
- 6:48we could have an extended like
- 6:49multi-year bare market. And I don't
- 6:51really want that personally. I mean,
- 6:53there's still money to be made, but the
- 6:54bare market just sucks, right? I think
- 6:56we could all agree on that. Drop a like
- 6:58if you think the bare market sucks
- 7:00because I don't enjoy it too, right? I'm
- 7:02just trying to interpret the charts. I'm
- 7:03trying to preserve obviously my own
- 7:05capital and I'm trying to be able to
- 7:08position myself as best as possible. And
- 7:10in a bare market, well, you don't really
- 7:12want to be long on anything because the
- 7:14prices end up going lower. But if the
- 7:17charts show that, I mean, that's that's
- 7:19what I've been doing, right? I interpret
- 7:20the charts as I see them. And sure, uh,
- 7:23I mean, we had this pump here and
- 7:24technically maybe rubble, but um, I
- 7:27would like to see us drop like the the
- 7:29window would be perfect, right? If we
- 7:30somehow something comes out, Bitcoin
- 7:33drops to new lows, it drops to 50,000 or
- 7:36in the 40,000s, uh, it scares everyone,
- 7:39liquidates everyone over the next like 2
- 7:40to 3 months, and then we can build a
- 7:43proper bottom and hopefully have a new
- 7:45bull cycle in like 2027 to 2029 where we
- 7:48do indeed go all the way back up to new
- 7:50all-time highs. and hopefully like 200
- 7:52or 250,000 this time. So, this is
- 7:56something we're going to know. We're
- 7:58going to know very very easily as long
- 8:00as we're above 76,000. Okay, we are
- 8:02still technically bull. If that can hold
- 8:04and say by mid December, so like 2
- 8:06months from now, we didn't drop below
- 8:0976,000. We're still above there. Then I
- 8:11think I'm going to feel comfortable
- 8:12saying, okay, well, the bottom was in at
- 8:1457 and we're probably going higher from
- 8:17here. It's it's a possibility, but
- 8:19really we need about a 2-month window
- 8:21for us to know and and maybe even sooner
- 8:23than that. And below 76K, it opens up
- 8:26the doors to new lows. Okay, so that's
- 8:28basically how we're looking at it.
- 8:30Nobody knows. I don't know for sure.
- 8:31Your favorite influencer, other
- 8:33YouTubers, uh macroeconomics experts,
- 8:36like famous people on TV, nobody knows,
- 8:38okay? The only people who might really
- 8:40know are the insiders who manipulate the
- 8:42market. And uh they're definitely not
- 8:44going to go on YouTube and tell you what
- 8:47the intention is. Um right like the
- 8:50people I'm I'm sure there's people who
- 8:51knew about this massive pump around the
- 8:5460,000 a whole lot of exchanges
- 8:56coordinated stuff. There were a lot of
- 8:58buys across exchanges like major buys.
- 9:00So there were people for sure in the
- 9:01know and you could have kind of guessed
- 9:04but from here it's pretty much anyone's
- 9:06guess. That's why it's probabilities.
- 9:07That's why it's certain levels. If we're
- 9:09looking at Ethereum here on the weekly,
- 9:11just to bring that up also is you can
- 9:14see we have this high. We went above
- 9:15this high and we are sitting right here.
- 9:17Now, if we drop back below this current
- 9:19level, say below 2350, this could have
- 9:23been a deviation and again we could
- 9:25still continue to new lows because we
- 9:26have uh this over here. We have these
- 9:29equal lows. Usually equal lows get taken
- 9:31out, right? A matter of time in the same
- 9:34way that these equal highs here got
- 9:36taken out. a matter of time it went down
- 9:38first but eventually um it took it out
- 9:40right in the same way we have these
- 9:42equal lows and we have this liquidity
- 9:44here from 2022 and I think there's a
- 9:46possibility that especially that that
- 9:48chance increases once we go back below
- 9:50about 2350 then it becomes a risk to the
- 9:53downside to take out these and these
- 9:55levels and potentially Ethereum still to
- 9:57drop down below $1,000 there is still
- 10:00that window the next two to three months
- 10:02or so where something like that could
- 10:04happen October is also kind of a
- 10:07historically um volatile month for the
- 10:10stock market which we're starting to
- 10:11see. It's also um we have Trump
- 10:14midterms. We have a bunch of stuff in
- 10:16November. Remember last bare cycle we
- 10:19also only bottomed in November. So
- 10:21that's still potentially a month away.
- 10:23Um the cycle before then we actually
- 10:25only bottomed in December. So there's
- 10:28still time. There's still a window for
- 10:30kind of shakeout stuff to happen. And if
- 10:32you look at I'm not going to go too much
- 10:33into the altcoins, but let me just show
- 10:35you for example here on XRP which I
- 10:38think is also a nice example here. You
- 10:40can see here and all of these charts are
- 10:42weekly. This is also the weekly chart.
- 10:44You can see here if this is a range
- 10:46right from these lows over here in 2020
- 10:49we had the bearish RSI divergence here
- 10:51just taking out the all-time high. So
- 10:53you can see these charts are everything.
- 10:55It's really really everything. You just
- 10:57have to understand the concept and you
- 10:59have to understand how to interpret them
- 11:02correctly at the right time which is
- 11:03obviously easier said than done but
- 11:05there's always some sort of logic. So,
- 11:07we had this range, you can see here,
- 11:08perfectly mid-range in this kind of test
- 11:10pump in 2021. Came down, basically did
- 11:13nothing. Massive pump, took out the
- 11:14highs, right? Came back a second time,
- 11:17bearish RSI divergence here on the
- 11:19weekly and down we went. And you can see
- 11:21here because we dropped so much on XRP.
- 11:25Obviously, like wicks and and multi-week
- 11:28rallies to the upside in bare markets
- 11:30are completely normal. In fact, this is
- 11:32exactly what happens. It it takes out
- 11:35the people who short too much to the
- 11:37bottom with too much size. These moves
- 11:38to the upside, they they liquidate the
- 11:40short traders and they trap people into
- 11:42thinking we're back into a bull market
- 11:44while we're not. So, what happened here?
- 11:45If you zoom in, you can see it took out
- 11:47these highs over here with just some
- 11:49wicks and for now we're back below. So,
- 11:51again, this a little deviation here
- 11:53perfectly once again to the middle of
- 11:55the range as you can see. So, this whole
- 11:57range is valid. And if this setup plays
- 11:59out like it does on smaller time frames,
- 12:01we're looking at targeting the lows of
- 12:03this range, which would be pretty wild.
- 12:05That's like 13 cents. I don't know if it
- 12:07gets that low. But you can see also what
- 12:09happens often is these crazy impulses,
- 12:12which is just a complete scam. By the
- 12:13way, this is not like organic buying.
- 12:15This this whole impulse from 50 all the
- 12:17way up to $3.50. It's possible to
- 12:20retrace. And in fact, a lot of the time
- 12:22this does happen. The whole impulse gets
- 12:24retraced. So that means we're looking at
- 12:26going back to at least 55 cents and
- 12:28maybe even taking out these lows or
- 12:30maybe this low. So I would personally
- 12:33only be interested in XRP if uh if it
- 12:36drops to like below 30 cents which is
- 12:38kind of like below these levels over
- 12:40here. And for now this is at risk. So
- 12:42again with an if then scenario we never
- 12:45know what's going to happen. We never
- 12:46know who's going to decide to scam
- 12:48anything. But for now it rejected at
- 12:49mid-range. So um for now the trend is
- 12:52still down. I think we're going lower,
- 12:54but that could be invalidated if we get
- 12:56back above here. Um, and then go higher,
- 12:58right? So, about 170. If it gets back
- 13:01above 170, it's probably bullish and
- 13:03we're probably targeting at least like
- 13:05270 or higher. Until then, though, I'm
- 13:07targeting uh the bottom of the impulse
- 13:10or lower. And, you know, that could
- 13:12happen in the next months. It could also
- 13:14take 6 months. It could take 12 months.
- 13:16You can see what happened in the
- 13:17previous bare cycle, right? Even though,
- 13:20let me draw here with a little
- 13:22rectangle. Even though technically um
- 13:25this was the bare market, right? Pretty
- 13:28much until here. That's when Bitcoin
- 13:30bottomed. You can see how long it
- 13:31basically went sideways. So say we
- 13:33bottomed in about November of 2022. The
- 13:36impulse only started in November of
- 13:382024. So it went sideways practically. I
- 13:41mean, we had a little bit of chop, but
- 13:42basically went sideways for two years
- 13:44after the bare market bottomed. So, if
- 13:46we've had our bare market bottom right
- 13:48now, uh, say at the end of 2026, it
- 13:52could be another two years of chopped
- 13:55sideways and slower grind, that means
- 13:56only by the end of 2028, we might see
- 13:59another major impulse on XRP. And
- 14:02obviously, there will be exceptions. Not
- 14:03all altcoins are the same. But generally
- 14:06speaking, if you look at the history, if
- 14:07you look at the data, that's what
- 14:08happened. And there's absolutely no rush
- 14:11in my opinion to position um on any of
- 14:14these altcoins right now, especially if
- 14:16we might still see a bit of a flush.
- 14:18Now, like I said, if we start to get
- 14:20lower and we see levels of like 50
- 14:22cents, 40 cents, 30 cents on XRP, we're
- 14:25probably going to be on similar levels
- 14:27way lower on most altcoins. And that is
- 14:29in my opinion where it starts to get
- 14:30interesting. But again, with this kind
- 14:32of stuff, you'd need to have uh like a
- 14:34multi-year, like a three, four year um
- 14:38investment horizon because it could
- 14:40literally chop for one or two years
- 14:42before we see any movement on altcoins.
- 14:44It's basically the same with Dogecoin
- 14:46also. And you can see so nicely here
- 14:48what's happening. Also, we got this
- 14:50little pump here. We rejected at the
- 14:5250we simple moving average right right
- 14:55over here. And I think we're taking out
- 14:56these lows at about 5 cents and maybe
- 14:59all the way down to the start of the
- 15:01impulse here of 2021, which is 2 and a
- 15:04half cents. So that is still potentially
- 15:06like a 30 to
- 15:1060% drop. I mean, I have a I have a
- 15:13little ruler tool here, so I don't know
- 15:15why I'm doing it in my head. You can see
- 15:16here that's a 38% to potentially wow 94%
- 15:21drop um on Dogecoin if things really
- 15:24start to get bad. And that would
- 15:25obviously depend. I I think that happens
- 15:27if Bitcoin drops to like 40,000s or
- 15:3030,000s. I don't know if we're going to
- 15:32get that, but based on the chart, we are
- 15:34still in a downtrend here. You can see
- 15:36very clearly like it's making lower
- 15:38highs. Boom. Boom. Another one. And we
- 15:42haven't had the final capital yet. We
- 15:44haven't had that big flush. We have all
- 15:46these high all these lows over here.
- 15:48That's still liquidity.
- 15:50And uh I mean typically markets bottom
- 15:54with some sort of crazy capitulation.
- 15:56It's been like that every single
- 15:58previous bare cycle. And this time we
- 16:00haven't had it. We haven't had the crazy
- 16:02fear where everyone thinks it's going to
- 16:04zero where we had crazy mass
- 16:06liquidations. I mean, the last time we
- 16:08had something like that was at the start
- 16:09or basically the end of the bull market
- 16:11started the bare market on the 10th of
- 16:13October of 2025
- 16:16when tons of liquid uh tons of
- 16:18liquidations happened and lots of
- 16:19leverage got wiped out. We haven't had
- 16:21that yet and leverage is still again
- 16:23pretty high in the system. So, I mean
- 16:27that's not ideal. Actually, the one
- 16:29thing that I pointed out, I made a post
- 16:31about this like several weeks ago
- 16:32already. As you can see in the previous
- 16:34bare market um over here in uh 2022 in
- 16:38October 2022, so that was almost the
- 16:40bottom of the bare market. Dogecoin also
- 16:43had a similar pump as we saw now. In
- 16:46fact, it actually went up here like 150%
- 16:49then it came all the way back down and
- 16:50it spent um from November 2022 to
- 16:54February 20, it spent 18 months trading
- 16:56sideways before anything really happens.
- 16:58So, we just had this little pump for a
- 17:00few weeks here. It's getting rejected.
- 17:02What if it just trades sideways for the
- 17:04next 18 months before anything happens
- 17:05and even if it goes lower? So again, for
- 17:09me personally, I'm still happy to be
- 17:10patient. I think we still have a risk
- 17:12window of maybe till the end of the
- 17:14year, something like that, where uh we
- 17:17could still see a major major shakeout
- 17:20and maybe a 50% flush in altcoins. And
- 17:22if that happens, uh I want to start
- 17:25potentially like buying over here. This
- 17:27would be interesting for me. It would be
- 17:28pretty uh extreme for the lows. I can go
- 17:31and put limit buy orders. So, spot
- 17:34there, no leverage, there's no
- 17:35liquidation risk. And I can just layer
- 17:37my uh my purchases on altcoins that I
- 17:40like. For example, here, Dogecoin, boom,
- 17:42boom, boom, boom, boom. I can start to
- 17:43layer it from like 5 cents all the way
- 17:45down to 1 cent. Obviously, with risk
- 17:47capital, right, a percentage of my risk
- 17:49capital. I'm not doing this with my
- 17:51entire net worth. I'm not doing it with
- 17:52loans, all that kind of stuff. But, uh,
- 17:54let me see, you know, if I'm interested,
- 17:56if I can buy a nice spot here. I have
- 17:58like a four to five year window. So,
- 17:59it's money I don't need. I'm happy to
- 18:01leave it in the market for like the next
- 18:03four years and see what happens. And
- 18:05imagine I get an average price of like 4
- 18:08cents or so um or 3 and 1 half cents or
- 18:103 cents, whatever the case is with a
- 18:12nice amount. If even if it goes back to
- 18:1430 cents, right? That's that's a 10x
- 18:17over here just by being patient by
- 18:19placing the orders and then by waiting
- 18:21for it to play out. You can see that's
- 18:23not too crazy because that's exactly
- 18:25what it did last time. It went here um
- 18:27from the previous bare market lows all
- 18:30the way up. It basically did a 7x over
- 18:32here. Um if we if you catch the real
- 18:36bottom, I don't know, maybe it's a 5x,
- 18:38whatever, right? But if you can do that
- 18:40with a reasonable amount of size, I
- 18:42mean, even $10,000 would turn into 50k.
- 18:44Uh 50k would turn into 250k. 100k would
- 18:47turn into half a million dollars, right?
- 18:50And then at least like whatever happens,
- 18:52we don't know the future. It could take
- 18:53like multiple years chopping around
- 18:55here, but at least you bought relatively
- 18:58low compared to where it's been since
- 18:59like 2020, right? And the same thing
- 19:02obviously applies to all these different
- 19:03kinds of altcoins. So, this was a bit of
- 19:05a longer video. I will go into more
- 19:07detail into like altcoins and stuff
- 19:09inside my VIP. I'm going to do like a 10
- 19:11coin report of uh 10 different coins
- 19:13that I'm going to be writing uh about
- 19:15that I want to be buying during the next
- 19:18uh several weeks if this capitalization
- 19:20happens. And I will be opening my VIP
- 19:22again to the public with a Black Friday
- 19:24special offer November 1st. Stay tuned
- 19:26for that. I will announce that then. I
- 19:28hope you enjoyed this. Let me know in
- 19:31the comments down below if you have any
- 19:32questions, if you agree with me, if you
- 19:34think we're still going to see lower or
- 19:35not. I believe we still have that risk
- 19:37window for the next 2 to 3 months. Let's
- 19:39see what happens. Drop a like down
- 19:42below. Subscribe if you're not following
- 19:44yet.
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