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Bitcoin And Altcoins BREAK OUT: Institutional Levels Revealed
Channel: Verified Investing YouTube
Watch on YouTube · 2026-08-20
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AI Summary
**Summary:**
- **Stock Tickers & Price Levels:**
- Bitcoin (BTC): Support at $74,500 and $75,800 (resistance/inverse head and shoulders targets)
- Ethereum (ETH): Resistance at $3,800 (local high) and $4,000 (descending trendline intersection)
- XRP: Resistance at $1.36 (pivot top and pivot low)
- Hyperliquid (HYDRO): No specific price levels mentioned, but discussed due to Trump's mention
- **Key Trading Strategy:**
- Focus on institutional levels and major trends in the crypto market
- Use technical analysis, including inverse head and shoulders pattern, trend lines, and pivot points
- Consider political events and news (e.g., White House crypto meeting, Trump's statements) for potential market impacts
- **Indicators Used:**
- Candlestick patterns (e.g., inverse head and shoulders)
- Trend lines (descending)
- Pivot points
- Institutional inflows and outflows
- **Entry/Exit Rules & Suggested Trades:**
- **BTC:** No specific entry/exit rules mentioned, but keeping an eye on support/resistance levels
- **ETH:** Potential short trade if price breaks below $3,800 resistance and $3,500 support (not explicitly stated)
- **XRP:** Short trade closed for profit; no new trades suggested
- **Timeframes Mentioned:**
- Daily chart for Bitcoin and Ethereum
- 1-minute chart for XRP
- **Risk Management Tips:**
- No explicit risk management tips mentioned, but implied risk management through closing profitable trades (e.g., XRP short)
- Implicit risk management through keeping an eye on support/resistance levels
<div class="fact-warning"><hr>
<p>⚠️ <strong>Price fact-check:</strong> The following prices may be incorrect due to transcription errors in the original video.</p>
<ul>
<li>ETH: summary says $3800.00, current price ~$25.49</li>
<li>ETH: summary says $3500.00, current price ~$25.49</li>
</ul>
</div>
Summary ready
Transcript
I grew up with nothing. Success felt impossible until I found crypto in 2018. I made every mistake, chasing hype and holding coins to nearly zero. [music] I then found technical analysis and it changed everything. My perspective on this industry and my success within it. Now I'm passing that knowledge on to you. Welcome to Crypto Revealed, the true [music] story. Hey folks, Nick Valdez here, chief crypto strategist at Verified Investing and everything is pumping. The altcoins are up, Bitcoin is up, and we're going to talk about some key institutional levels, everybody. And if you've been in crypto and you've been buying the dip, I want you to go ahead pat yourself on the back until your shoulders dislocated because we have some major green candles. So finally folks, it is time to celebrate and make sure you go ahead and smash that like button everybody as you come on in. Now let's go ahead and let me share my screen here for one quick second. Uh we're going to look at Trading View and Bitcoin with a massive massive pump. But I have to tell you about what happened on May 4th and we talked about this level yesterday and is this level intersecting with this inverse head and shoulders target. And so we'll do a little uh teaching lessons as we look at the head and shoulders target. And this was the wick low that we saw from the tariff sell-off. This is April of 2025. And you can see the price essentially rejected right there. Uh rejected essentially again right there. But let's look at this inverse head and shoulders. And then uh the May 4th folks, I got to tell you about what happened then. So right here you can see left shoulder, you see the head, you can see the right shoulder. And the way you measure this is you go to the neckline to the crown of the head and put it right there. And folks, we have a couple major targets. Number one, it's going to be right around 74,500 and the next one's going to be right around, let me try to get there as close as possible, 75,800. So, I'm keeping an eye on those two levels. Now, what happened May 4th? To me, that's a very important question. And to see what happened May 4th, we got to talk about what happened yesterday. Now what happened yesterday was Wall Street bought a lot of crypto ETFs. In fact, if you look record setting for, you know, the at least in recent memory here for months and months of, let's see, June, July, August, about three months here, $500 million in inflows. And BlackRock led the way buying a massive amount of Bitcoin for their clients there. 4,000 Bitcoin, 284 million. And so these are the Bitcoin ETFs. And this is traditionally how Wall Street's going to get their Bitcoin exposure. But what's important to know is what happened on May 4th. So, let me go ahead and show you folks. Now, May 4th, the reason that's important, that's the last time we had a inflow over 500 million. Wall Street bought about $550 million worth of ETF. So, more than what they bought yesterday. So, is Wall Street good at buying the dip? No, folks. They were actually buying the top. Now again, this is for Black Rockck's clients. This isn't going to be the Black Rockck quants. This isn't going to be, you know, their their mathematicians here. This is going to be their retail clients, institutional clients asking them to buy Bitcoin on their behalf. And so May 4th is this candle right here, one two days before we had a peak and then we put in a lower low. So if you're one of those people that think, well, you know, the four-year cycle is still going to be in play. We're still going to bottom in October. This is kind of pointing you in that direction. So, I'm not saying that's going to happen for sure. I don't think anyone knows for sure unless you, you know, you watch a lot of Ben Cowan, but uh that's maybe something just uh to focus in on that, hey, maybe Wall Street isn't the best at buying Bitcoin because last time it didn't look so good. Now, let's talk about the crypto in politics. We did kind of cover what happened yesterday, the White House, they had their crypto meeting. Now, we kind of have the main talking points. I end up watching a lot of the live stream. The live stream was very interesting. Donald Trump was there. There was a lot of crypto executives. My favorite part from the live stream was when Sergey Nazerov was up. He had his little postcard, you know, he's kind of looking down. He's reading it. That's the founder of Chainlink, by the way. Donald Trump was just focusing reading his card like, "You better not be saying something 30 seconds from now." Uh, pretty funny moment there. But Trump says the US has discussed buying sizable amounts of Bitcoin and other crypto. He called on Congress to pass the Clarity Act, urging a fair version of the bill. and he says his administration has ended the war on crypto once and for all. But Hyperliquid had a huge surge after he said the CFTC is working to bring it to the United States. So pretty interesting moment. If you are a Hyperlid fan, we are going to look at Hyperlquid. But first, we need to look at Ethereum folks. Ethereum kind of coming into some resistance folks. I I I noticed this and I put it out on verified.com. It's a great website if you want to check it out. But I I see this pivot top right here. And you know, maybe uh maybe just an area to keep an eye. This is going to be the local high that we've seen. This is April of 26. But what's this descending trend line? Where is this originating from? Oh, okay. Well, if you see right there, that's the peak here intersecting with the peak here. And folks, we got a nice little double confluence area. So, this might be a little bit of double resistance. The more resistance or the more support, it raises the probabilities. And so if we see a lot of factors really starting to, you know, kind of hone in on the same spot, that kind of gives you, you know, better odds. If you're looking at a trade setup, it's a 55 60% of the time it's going to play out, but then you add on a second factor or you add on a third factor, really starts raising those probabilities and then you're looking at some like 80% probability trades. And folks, that kind of gives you, you know, a nice blueprint to enter in some of these trades. And I am going to show you my trades. I shorted XRP. And you might be saying, "Well, XRP is pumping." Well, what happened to your trade? I'll tell you what happened to my trade, folks. It was a dicey trade. Hey, did did we keep the streak alive? Are we still getting the wins? Are we still batting, you know, uh, you know, deep deep in the green? Tell you that in a second. Now, this is very interesting. I was looking at this minutes ago. Let's go to the one minute chart, folks. Uh, let's give it a second here as we as it loads up because we're looking at a lot. Oh, wow. Look at that, folks. XRP pumping pumping past this level. Don't worry, we're not in a short right now. Uh but we did scalp earlier. This was a descending trend line that folks may be no longer valid. So the next level I already had it folks, you can't you can't trick me XRP. You're not going to pull wool over my eyes. You're not going to put the sleeping mask on me. I notice 136. To me, that's going to be the next key level. Why 136? Let's get our horizontal line and look at this, folks. right here at 136. It's about 136.15 or so. Uh right here is the pivot top and a pivot low right there. So that's the next level for XRP right now. This is just a story of shorts getting liquidated. This was a lot of crypto was getting over basically this point overbought and the bears had to pay for it folks. People were betting against these cryptos. They're open levered positions. They're trying to go short on these things and these altcoins are wiping out them traders. And I'm going to tell you about the record setting day that we've seen in the last 24 hours. And I see your comments, folks. Everybody uh you know, go ahead, smash that comment. I do love when uh your comments are, you know, uh rolling in. May the 4th be with you. Fun fact, fun fact about Deezy. It's actually my wedding anniversary. That's right. I got married on May the 4th. Don't think that I had a Star Wars wedding, okay? We weren't anointed with lightsabers. They just didn't have any. No, I'm just kidding. I didn't I'm just kidding. Was my wife, you know, did she have the Princess Leia look? I don't know, folks. You have to go You have to look at my socials to see the see the pictures there. Spoiler alert, it wasn't. It wasn't. All right. All right. Now, let's look at Cardano. Cardano still trading within this parallel range, but uh is coming up to some resistance as we hit these local peaks that we saw right here. You can see we didn't close a daily above this, but we also have some wicks. Uh look at the wick up here. Look at the John Wick. Hey, what do you know? The John Wick is intersecting with this parallel structure. You best believe I will short Cardano if we reach the top of that structure. You might say, "I thought you love Cardano." I'll tell you what I love more. I love making money more, folks. So, I will definitely open a short. Now, let me give you a spicy hot take though for folks. Hot take. Hot take. This altcoin that I'm about to show you might be running out of steam. This might be one that you don't want to hold for a long time. Now, this is great for some swing trades, you know, maybe great on a shorter time span, month time span. But if you're thinking this is going to be a revolutionary altcoin, it's going to change the future. You might be mistaken. And I'm talking about Near Protocol. One of the things I do not like about Near Protocol, it is barely up today. This one's up uh was up around 5% here. Uh we just kind of measure this daily candle. We have altcoins that are up 20% today. ETH was up 20% at one point. Hyperl was up at 20% at one point. Let's go ahead and actually I think I might even want to go to uh the 4 hour here. So 48 126 20 24. So if we measure this 4% I just wanted to double check. This was only up 4% in the past 24 hours. So when you have altcoins that are pumping 20%, 15%, 10%. You got to ask yourself why is this altcoin only pumping 4%. The the answer you might not like it. it might not be a good long-term hold. This one might be one of those coins that trends to zero when you price it in Bitcoin and so, you know, maybe not a lot of gas left in this tank. Now, Hyperlid, I'm sorry, near near Protocol uh did come down, retest this descending trend line. We've been talking about this wedge pattern. It broke out of the wedge. It came down for a retest, but so don't be surprised if it continues to pump. I could definitely see this, you know, heading to $2 from $1.77. That's a pretty good pump. That's a pretty good rally. We're not going to we're not going to say it can't pump. This is more, you know, I'm just talking about like on a one-year timeline, two-year timeline. I'm not the biggest fan of near, but I I do think there's another, you know, 16% or so left in that gas tank. You ever drive to the E, by the way, uh my wife thinks I'm crazy because I actually drove her car today. Might have to get an oil change. Uh I don't want her going there. I'll do it for her, you know. Thank you very much. I I I got this. Get a new filter. You got to do this. said, "I'm not going through all that." All right, folks. But I you see the light to me that says I got 50 more miles, baby. We can keep pushing it. I feel like Kramer uh when it comes to that. Now, I did mention Hyperliquid. Let's look at Hyperlid, folks. Hyperlid broke out of our parallel structure. We got to love it, folks. This is our This is my crypto uh biggest bag here, folks. I have more Hyperlid at this point than I do Bitcoin. That's right. I know. I'm a I'm a hyperlquid bull, folks. And I didn't get a chance to reaccumulate. I was maybe I was a little greedy, you know, kind of waiting for it to do this. I I told you on the I think we're looking at the two-hour RSI. This one looks like it's about to turn around. Turned around, you know, missed our target, but that's okay, folks. But notice this. We got a nice All right. So, we're just kind of looking at these wicks here, intersecting with these wicks here. Kind of takes you about this point right here. And then we have the four wicks, the four horsemen of the hyperlid apocalypse. you go straight across. All right, hold on. I'm trying to get it about even. There we go, folks. So, kind of intersecting, folks. Kind of, you know, just maybe a little bit of double resistance right there, right around 76. And it's not a surprise. It's going to find a lot of rejection or a lot of selling pressure, bearish pressure when you're looking at these ranges. But I think there's going to be $100 one day. It might happen sooner rather than later. I think a lot of it is going to depend on what does the Cabal do? What does Hyperlid do? Are they still going to be buying? But let's talk about some of the trades, folks. I got a little nutty. I got a little crazy and I was shorting. That's right. Now, recordbreaking day, folks. This was a record $3.37 billion wiped out in about 24 hours. We have never ever seen that many shorts liquidated. Now, you might say, "I thought 10 10 people lost more money." Those were long positions getting liquidated. These are short positions getting liquidated. And my phone almost fell out of my pocket. You're about to hear a big bang. But I caught it. I caught it, folks. You can't you can't catch uh Nick slipping. That's for right. But let's look at the trades. I told you I shorted. I actually had my biggest win on Bitbase. And I want to give a big shout out to Bitbase. Everybody sponsoring this show. We're in there. We're slicing. We're dicing. And I cut it up again. Folks, before I was a samurai yesterday, I was holding a Ginsu. This time I was uh Baraka for Mortal Kombat. All right. You know, the Baraka fatality. That's what I was doing to the charts, everybody. Now, let's look at this. Uh, we had I can't help myself. I did open another short. Let me actually hit refresh on this. I think we have another one. I think I I shorted XRP right before I went live. Yeah. Uh, closed that one, folks. I don't like having open trades while I'm doing this show. I want to be able to go through the charts. I don't want to be stuck. But we nailed a $700 XRP short. Went a little bit heavy on that one. had to add to that position. Got a little dicey, folks. Got a little dicey. If this tells you anything, this was a 3,000 XRP position. 6,000 XRP position. 182,000 XRP position. That was almost a quarter million trade. And folks, we're going for singles and doubles. We're not going for home runs. Guess what? If we would have tried to hold on to XRP, we would have got liquidated. We got liquidated like, oh no, this is going to be the top top. We got to short it from here. Take those wins, folks. Take those wins so we still continue to knock it out of the park with Bitbase. And remember, we got a awesome, awesome deal for the verified investing crowd here. Up to 20,000 USDT in bonuses and we're down to about a week. We got 7 days, 14 hours. So, you're running out of time when it comes to that, folks. So, you go ahead, get in. You can also scan the QR. And we have a link down below. Folks, I appreciate you guys hanging out to the end. I see your comments here. uh gold, silver. Hey, maybe maybe we'll look at PAX Gold. That's right. There's there's some crypto equivalents of this, folks. And so maybe we'll check that out. And make sure you check out Crypto Combat. Crypto Combat's going to be replacing the show on Fridays. Remember, this is just Monday through Thursday. Uh this is going to be a major one. Gareth Soloway, he's going to be trying to take on Lton. He's going to take on Drew. I'm going to be hosting it, folks. They're going to be trading with up to 200x leverage. I do not recommend that. You see, you see my win streak. We're going with five to 10 to 20 X's, folks. So, uh, you know, maybe maybe I'll break that down a little bit more in the future. Maybe I'll be a trader on that in the future. But go ahead, smash that like button. Check out verified.com. I'm putting a lot of these trade setups there for you. Didn't have an open trade setup for you today. Crypto is just going a little too crazy. But I appreciate you guys hanging out to the end. As always, I'll see you in the future. Thank you.