CRYPTO REVEALED | July 24, 2026
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[music] [music] >> Hey folks, Nick Baldez here, chief crypto strategist at Verified Investing. And today, we're going to talk about Bitcoin and all coins having candles across the board. We're also going to touch in on the 4-year cycle. Talk about is it over for Bitcoin? Is it over for all coins? Or are we finally running to the end of the bear market? And we'll talk about the sweet trade and how I was able to pull some profits from this trade. And we might even look at a very popular crypto stock, MicroStrategy, now known as Strategy Inc. Yeah, that's right. Talking about Michael Saylor's battle battle down stock there. But, let's just go ahead and lead right into the charts. Now, we've been talking about the Clarity Act odds, and they have continued to plummet. Albeit, it is low volume when we're looking at Polymarket. I saw one of your comments about that. That That is a fair fair take, but it's just the best information that we have. If you look at Kalshi, they don't have anything for Clarity Act for 2026. And they're also a little bit vague with their language. But, with Polymarket, we're able to see, you know, very very low odds. It was down as low as 31% today. And you can see Bitcoin beating down right into this level of support. Now, what I find interesting about this level is where this hit in 2021. This was the first Bitcoin all-time high in the first half of 2021. But, I also want to talk about this 200-week EMA, this line in the sand for this weekly chart. Now, this yellow line is the 200-week exponential moving average. And if you see here, we actually held as support, but then we fell hard below. But, then the very next weekly candle pushed above this 200-week moving average. But, we are now being pushed down and could potentially break down even further lower. So, let's go back to the last time we were touching this 200-week moving average, it was the last bear market. Now, you see we we were down below it for about a month, a little bit more than a month, and then we got above this 200-week moving average, but then the next time we fell, Bitcoin fell hard. In fact, you can see here it would fall an additional 32% after losing this 200-week moving average for the second time. And if we look right now, it's not a month below it, it is just a couple weeks below it, but we could potentially be facing another situation very similar here. And I don't even want to talk about it, I don't even want to speculate here. I don't think it would fall 32% below the 200-week moving average, that's a $42,000 Bitcoin. Let's talk about this four-year cycle. Are we running out of room for the bear market? Now, typically what you see with Bitcoin, I might even go to a logarithmic chart here, it's just a little bit easier to track it this way. Bitcoin likes to find a bottom 12 months after it finds a top. If we look right here, this was the December into January 2013-2014 range, and this is technically the end of November right there, that weekly candle. If you look here, we would find a bottom 399 days. That's 57 weeks later. There's 52 weeks in a year, this found a bottom 57 weeks later. If we go to the next all-time high for Bitcoin, this was 2017, and look at this. Bitcoin would find a bottom 53, really make an argument 52 weeks later. So, this also gave us a bottom. Now, let's look at the next cycle. This is 2021, we found a top in November, and what do you know, where would we find a bottom? 54, and that's really just a week, but that candle right there, 52 weeks later. So, we keep finding bottom 12 months later, 52, 54 weeks later. And if we look right now, we are rapidly approaching this 52-week level. That's going to be the first week in October. Now, I was able to play the Bitcoin cycle to a T in 2021. I didn't take as many profits in 2025, but I sold the top in 2021, sold a lot of my altcoins in 2025, but I also scooped up cheap coins during the bottom of the bear market. Now, I actually bought more Robinhood than I bought crypto cuz I was seeing it as a beta play for crypto. So, ended up doing very well on that. So, I'm not going to complain about that one. But, that's just uh how you have to play the game. The probabilities are predicting Bitcoin's going to find a bottom in October. Now, no one knows for sure, but that's just what, you know, that the odds are going to favor. Let's get into the other major movers, folks. We got Ethereum also uh Ethereum beat down by this 1930 level we've been tracking all week. And look at yesterday's candle. I mean, it opened right there and then pushed down. Now, look at today's wick. What I find remarkable, it actually hit our latest resistance. So, this latest resistance tried to turn into support, lasted about 36 hours, and now has flipped back to resistance. I gave you my target for a long. That's going to be from this February pivot low to the candle tops here. But, right now ETH hasn't been pushed down that low. Let's go down to some of the other tokens here. Let's look at XLM. You guys love talking about XLM. I think we got a lot of XLM holders. Well, we also gave you this level. We gave you the support level that, you know, very, very quickly could be turning into resistance. Now, this pivot low is not uh holding strong here, but we still have about 6 and 1/2 hours for this daily. And so, I'm not feeling too bullish if we close below this horizontal line, but I will start feeling a little bit more bullish if the candle pushes above this before the close there. All right, let's do a little D5 deep dive everybody. Let's write. We're going to look at some D5 tokens. First one's going to be Avalanche. Avalanche for the past I want to say almost two weeks. Yeah, this actually a little bit more 16 days here. A little bit more than two weeks. Avalanche just trading within this very narrow parallel channel and right now coming up to a couple levels of support. You just see, you know, slicing right through here. Price was just battling with this range. Gave us a little bit of a descending trend line. You can actually go a little bit further back. You can take it from that wick to this wick. Basically to that wick into 1 2 3 4. It almost looks like Wolverine claws. We got Wolverine claws inter- interacting with this descending trend line and now this is the next level of support. That is way, way lower. Uh that's I mean you're going to be looking at almost a 10% drawdown if we lose support. But right now we have two levels of support. I'm actually curious, what is your favorite X-Men? All right, I'm I'm just I'm a testing you guys to see if you guys are going to be in the comment section. Give me your favorite X-Men. I'm probably a Wolverine guy, but I do like Nightcrawler. Uh Nightcrawler, you know, he's just pretty cool teleportation powers. Yeah, I used to love that cartoon so much in the '90s. I I was such a huge fan. One of my favorite cartoons for sure. All right, another D5 coin we're looking at here is HyperLiquid. HyperLiquid, I told you keep an eye out on this middle of this parallel channel. But right now we're hitting this horizontal resistance. This was the pivot high in September and that's actually just gave us our level for where we are cooling down. So, keep an eye out on that. If we lose this level, we still have our accumulation target which is the bottom of this parallel range. Next D5 coin we're looking at here is going to be Chainlink here. Chainlink hitting double support. Now, over the past couple hours, this one has held on a lot better than the other coins. So, just look at these last four hourly candles. Let's go to Bitcoin's last four hourly candles. Not as clean. I mean, this is, you know, two out of two out of the four are red. Chainlink three out of the last four are green. So, Chainlink holding up pretty strong to these two levels of support. And if we look where we got this, this is, you know, where the price was pushed down, but also where the price was being held up. So, nice little bounces in this range. And right now, Chainlink trying to hold on to this level. We can go to the four-hour. This ascending trendline looks a little bit better. You see it had ended up, you know, holding the candle bodies here, came down, tested it, tried to wick down into it again, and that's currently where Chainlink is trading. Uh trading at 8:35, and we have this resistance at 8:85. And so, that's going to be your level for Chainlink. Uh you can see this held as support, held as support, held as support. And this is still just going to be some overhead resistance. Now, if we lose this level, there is a target that I'm watching, and that's this descending trendline, which is going to be a fairly significant move to the downside. Let me get my measuring tool on the left on TradingView, and that's going to be down about 5%. So, that's what we're looking at on Chainlink. Let's talk about the swing trade. I was able to exit this trade without too much pain. I gave you that uh target. I said, "Hey, look. If we lose this, all bets are off." And we tried to wick into it yesterday. I If you watched yesterday's episode, I gave you the level. I said, "Keep an eye out on this. If we lose this, I am not bullish anymore, cuz that means another lower or that means uh no more higher lows. Now, we have lower lows. You can see we established a low, we had a higher low, we had a higher low, we had a higher low. This would give us no more higher lows. I was able to exit. Not too bad of a loss. I think our average was 74.7, 75.1, something like that. I mean, ended up uh cutting and running around seven something this morning. And if we look, I mean, yeah, ended up leaving way before, uh you know, we just started feeling more and more pain, but I did see some bullish structures on the smaller time frames. So, folks, I had to open a quick trade on this one, get back at loss. Now, I wasn't playing with as much size, I was playing with a little leverage, but able to scalp back those losses. Now, if you want to trade crypto, we have a very exciting show for you. I can't wait to show this one. It's going to be Crypto Combat. We're, you know, we're developing it right now. We haven't got to the point where we're, uh you know, ready to air it, but when we're ready to air it, I can't wait to show you guys. It's a lot of excitement. We've done it in the past, but we're revamping it, and this one's going to be a major one. Now, this is verifiedinvesting.com. You can see the crypto heat map right here, just a sea of red. We pointed out the green right there for HyperLiquid. Looks like Tron was also green. We put out tons of free content on verifiedinvesting.com. But, the reason I was showing you this is we do have a list of partners. So, if you do want to get some trades in, but you have to be experienced. This is not for novice traders. You might want to wait for Crypto Combat, so you can kind of learn some tips, learn some tricks on how to play those, you know, crypto exchanges, but we have some partners down at verifiedinvesting.com. So, I highly recommend you go check that one out, folks. But, you guys have been calling for some stocks. Let me see some stocks. Easy, I I love when you talk about crypto. Let's talk about stocks. I even read some of your comments. Some of you like, "Hey, you gave me some great stock tips in the past. Please give me some more." Well, let's look at MicroStrategy. And let me know down below, by the way, what stocks do you want me to cover? Do you want me just do crypto stocks, you know, we'll look at Circle, we'll look at Coinbase, we'll look at Marathon, we'll look at MicroStrategy or Strategy now. So, just let me know down in the comments, and I'll make sure to throw it on a future episode. But, Strategy, boy, oh boy, they need to revamp their strategy. This one is bleeding. Now, if you've heard about MicroStrategy or they're now called strategy, their business model is buy a bunch of Bitcoin, sit on it, and just hope the stock appreciates when Bitcoin appreciates. But, they also have a lot of instruments out there that pay yield. The STRC supposed to be pegged at 100, it's lost $100. They have a lot of obligations. They have to pay dividends on a lot of these stocks. And the way they fund that, primarily, the way they raise cash, they've been diluting their stock. So, they take some, you know, they generate new shares, sell it on the open market, and then use that cash to pay those dividends. They've also sold a little bit of Bitcoin, and some speculate they might have to sell a lot of Bitcoin in the future. And so, for me, this is not one I'm touching. But, I do know a lot of people like to talk about it. They do like to hold it here. Well, strategy is beaten against some resistance. We have this pivot high, this pivot high, and then you can see right there, also another pivot high. Price would actually hold on this. It tried to hold as support. Let's measure this. Held on for, you know, a little more than a week, held on. But, then it lost support, you know, we have that one candle push above it right there, and then just boom, push down. Well, where do you know it found resistance? Right there at that same resistance line. And now, we haven't quite got there yet, but this to me is going to be a major level. We need to flip this into support before I would even consider holding this for a scalp. We also have this resistance right here. You can look at it from the candle body, interact with this wick. If you continue to draw out this line, in fact, I'm going to remove this one. If you draw out that line, well, what do you know? Look where it found more resistance. And so, what's the next level of support? We have a nice pivot low here with a little bit of a gap fill right there, as well as another pivot. I'm looking, it's pretty close. If we stretch out this Y axis, you can see right there, that's That's where the gap is. Doesn't look like we quite closed that gap. So, could be one more flush down. If we flush down below, you know, maybe I'll enter in on a small position and then potentially add to that position if we go a little bit lower with this descending trend line. So, that's going to be what I'm watching for MicroStrategy. Looks like you guys like the precious metals. We'll talk about that as well. Circle Oracle. Oracle's a good one. Almost read that as circle. Uh yeah, people saying I got poached. That's right. You probably saw me on other crypto channels. I've been making crypto content for years, but you know, I used to chase trends. I used to chase hype. I used to chase narratives. And sometimes that played out beautifully. But then sometimes I'd I'd be, you know, getting high on my own supply if if you will there, you know, you you start hanging out with a bunch of people in the NFT ecosystem and they're like, "NFTs are the future." And you're like, "Well, maybe it is the future." You kind of get caught up in an echo chamber. So, that's one of the main reasons I was so attracted to working at Verified Investing with Gareth and team. Using fundamentals, using technicals, and not using speculation and hype and just trying to chase the next hot thing there. But don't get me wrong. I had great profits. I mean, crypto changed my life. I was, you know, I was making video game content. I was a professional Magic the Gathering streamer. I was one of the world's best. Don't get me wrong. And at one point I had the world's largest MTG TikTok. And, you know, I was I was a top streamer and you know, I'm winning tournaments and I'm I'm casting casting different tournaments, but crypto's always just, you know, was where my passion lies now. And now my passion lies in P&L, profit and losses. I like making more money. I like making more money more than I like holding a token down and just holding it and holding it and holding it as it goes lower and lower and lower. And so, if you can relate with that, please let me know. Like hearing you guys' story as well. But we're going to be bringing this show to you like we said Monday through Friday. Crypto Revealed. I appreciate you guys hanging out. Stay tuned for Crypto Combat. I am so excited to do that. We're going to do a dry run today as we get ready to put this show on the channel. And check out verifiedinvesting.com. We got great great analysis there. A lot of free content, a lot of great courses. I've watched them. They definitely made me a better trader. But that's all I got for today. Thank you for sticking around till the end. I really do appreciate it. And I'll see you folks in the future. Bye-bye.