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CRYPTO REVEALED | July 24, 2026

Channel: Verified Investing YouTube

Watch on YouTube · 2026-07-23

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[music]
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>> 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.