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. I then
found technical analysis and it changed
[music] everything. My perspective on
this industry and my success within it.
Now I'm passing that knowledge on to
you. Welcome to Bitcoin Revealed,
[music] the true story.
>> Hey folks, Nick Valdez here, chief
crypto strategist for Verified
Investing. And today we got to talk
about Bitcoin and how this flush down
came to a level that was easily
predictable if you know what to look
for. Plus, we'll go over yesterday's
trade. How did that go? And we'll look
at some upcoming trades. And we'll talk
about some more altcoins going to be
affected by the Clarity Act. And I have
some details because that is happening
very soon about 45 minutes from now.
They have a scheduled vote in the Senate
on a closer meeting and we're going to
look at a key setup folks for a key
altcoin. Let's go ahead and dive into
the Bitcoin chart and we'll also touch
on the yields affecting Bitcoin's price
right now. Now, this is the daily chart
and you see a wick right here. Let me
zoom into the 4 hour. Look at this. Now,
if we get the measuring tool, we're
going to get the horizontal line and
we're going to go in right to where we
went down earlier today right here. What
do you notice? Well, let me get it
exactly to the level we had to go a
little bit lower than we did in the end
of August. That's August 23rd. Also, we
had to go a little bit lower than what
we saw on September. And then after it
flushed down, that's when Bitcoin
started to make a nice move to the
upside. And now we're starting to see a
little bit of a bounce, little bit of a
pullback right now, but yeah, still up
about 1.6% just from this last candle
that we're looking at right here on the
4hour chart. Now, like I said, this was
kind of predictable if you know what to
look for. This is the liquidation heat
map. Now, this is a longer heat map than
we normally look at. We normally look at
the 12-h hour or the 24hour. This is the
7day liquidation heat map. So, we're
looking at 7 days worth of data and 7
days worth of liquidation levels on
Bitcoin's price. And this is the wick
that we saw that I pointed out earlier,
September 11th. And you can see we had a
nice push down. Pretty predictable if
you saw all that leverage start to pile
up right here. We talked about the
levels the day before on the 10th. And
then, wow, right there flushed that
level. But look what happened right next
to it. More shorts were piling up right
below where we saw, you know, right
below the wick. And if we kind of move,
if you move along, you'll notice that
well, this line gets thicker. It gets a
little bit brighter. It's starting to
get real bright. Now, it's starting to
look yellow. And then it turns bright
yellow. And so, basically, we had a
flush out right below this level. And
you can see that's exactly where Bitcoin
targeted. And what kind of drove the
move for Bitcoin, I think, is pretty
easy, is the 10-year yield. Now, this is
the weekly chart on the 10-year yield
that we're looking at here. and we
exceeded where we were in 2023 and we
haven't seen this level on the 10-year
yield since 2007. So that is a
multi-deade high essentially uh if we're
you know 2027 technically but 19-year
high and as the yields were pushed a lot
higher. So why are yields going up bad
for Bitcoin? Because that is essentially
you know unless you want to talk about
the dollar risk-free capital risk-free
money. You buy a 10-year yield, it's
relatively low risk. You're going to get
paid that interest 10 years later in
total. Now, if you can get risk-free
return on your investment, you don't
have to look for risky investments like
Bitcoin, a lesser extent, precious
metals or AI stocks because there's just
a nice risk-free asset right there. And
so, when the yields come down, it's good
for risk assets like Bitcoin, but when
the yields go up, it's bad for risk
assets like Bitcoin. And so that's what
we're seeing with the Bitcoin narrative
there. Now, the yields did pull back and
guess what? When the yields started to
pull back, that's when Bitcoin started
to bounce, folks. So, no big surprise
there that the yields basically
dictating what we're seeing with
Bitcoin. But this is why it's good in
the long run. In the long run, this is
only going to be 21 million coins. This
is straight from the Bitcoin white
paper. And this is because the having
reward is cut every four years. And so
initially every 10 minutes or every
Bitcoin block 50 Bitcoin were released.
First four years 10 million and then
it's cut in half and then it's cut in
half and then it's cut in half and that
goes on and on and on and that's going
to go until the year 2140.
And so you know you got a long time for
them to still make new Bitcoin. And Wall
Street, I think they're kind of getting
the memo, folks. Yeah, I I like this
take right here. Just DCA into Bitcoin,
folks. Wall Street also DCAing into
Bitcoin. Black Rockck bought. And so
while people are panicking, this is
yesterday's inflows, by the way. While
people panic, guess who's buying more
Bitcoin than anybody else on Wall
Street, it is Black Rockck with their
IBIT ETF. They ended up bringing in $134
million worth of net flows here. About
1,700 Bitcoin. What's weird,
suspiciously round number. So that that
is kind of interesting there. Uh four
out of the five banks that had movement
there were inflows. only ARC uh Kathy
Woods ARC and 21 shares had outflows of
about 41 million and so as a net $160
million of Bitcoin Wall Street buying
there. All right, let's talk about ETH.
This ETH chart is just wild here folks.
Uh this is a crazy crazy pullback into
the trend line that we've been talking
about for a long time here that's going
in from uh the peaks into the peaks and
then that is giving us our resistance
for ETH. Now the 4year the 4year I'm
talking about bonds over here. Now the 4
hour
you can see it tried to pull above and
very quickly pulled back down below and
you can see a little bit of price action
along this line making me think that all
right maybe there are some traders
paying attention. Look at the support
right there. Look at the support right
here and then look at the resistance
right there. And now ETH you know
probably coming up to retest this trend
line pushing down on Ethereum's price.
Now what other coins are we looking at
here? Well, this one's XRP. I think XRP
is gonna have a big move given what
we're seeing with the Clarity Act. I
watched a little bit of the live feed.
It was bad, folks. It was bad. It's a
bunch of politicians. They don't know
anything about crypto. They brought in
Mitch McConnell. You know, I'll do a
little bit more of a deep dive later on
in the stream about the Clarity Act and,
you know, where the votes are lining up
now. But folks, we're we're about an
hour away from a vote on that. So, it's
getting pretty close, folks. Getting
pretty close here. Now, major movers
here, XRP, this is a sign that something
was about to happen. So, we got this
bull flag. We tried to break out of the
bull flag with yesterday's close. I
mean, we technically we closed, but we
didn't confirm above. And now, this
daily might be trying to confirm above
because look what happens when you zoom
in. Now, we're going to check the 1 hour
in a second. I want to start with the 4
hour. You see, we had a nice rejection
right there. I mean, we just keep
rejecting on this line. Rejecting on
this line. We spent about 12 hours
outside of it and then got pulled right
back in. But now actually trying to
break out. But what about the one hour?
This is a clue, everybody. This is a
clue. This candle right here, this is a
textbook topping tail. This is a bearish
sign that you see at the top of a trend.
And this is about as a a clean a topping
tail as you could expect. Now topping
tail, you need that body to be below
25%. So the candle with the wick is this
long. You need that candle body to be
about the bottom quarter. That thing is
flat. That thing's flat like a pancake.
In fact, if I got a pancake like that
from the diner, I would say, "Where's my
fluff?" Okay, that's a that's a I was
about to say pancake be anyways. But
yeah, that is a very very low low candle
body there. It's a very clean reversal
signal on XRP's price. That's probably
why you had so many red candles in a row
on the 1 hour. little bit of a hope and
still just more and more red candles,
but then knocking against it. Knocking
against it. Not trying to break above
this bull flag. I'm not going to say
that's going to be the start of this
bull run here uh for for XRP. No,
definitely not bull run, but start of
this short-term bullish move, but this
is a sign, folks. It's a it's a positive
sign for XRP. So, that makes me think
maybe something's happening with this
closure vote here. And so, what are we
looking at here? Well, we need 60 votes
for closure. Of course, there's 100
members in the upper chamber of commerce
or uh Congress here. What Republicans
have changed, they've updated the text.
They incorporated 126 changes requested
by the Democrats. New ethics
restrictions, stable coin circuit
breaker, which is a little ridiculous.
It's for bank deposit flight. Like these
community banks are going to say, "Well,
everyone's going to leave and they're
going to go to these uh stable coin
issuers." I mean, it's it's a little the
whole thing's a little bit ridiculous,
but Republicans are calling it their
final offer. Now, what do the Democrats
want? Changes on ethics and dependent
children provisions. So, they came to
terms with the politician and their
spouse. All right, that's fine. So, this
is basically from the White House here
from Trump. That's fine. We can divest
our interests. But the Democrats are
saying, "No, we want your kids to divest
their interests as well." And if you
know, if you've been following the Trump
family, Don Jr. and Eric Trump, they are
heavily involved in some crypto
companies. And so, you know, that's
that's kind of a sticking point. I don't
know if the Democrats are going to give
up on this one, but they in a in a weird
and direct way, they are coming for Don
Jr. and Eric Trump. Now, restrictions on
paid crypto promotions and inclusion of
a regulatory certainty act. There are
some wild cards, uh, including Mitch
McConnell. Mitch McConnell, the videos,
I'm I'm going to stay away from the
commentary there. the the videos, you
know, he he comes inh,
you know, a lot of people are bringing
up weaken at Bernie's and stuff. I I
don't know. I don't want I don't want to
get morbid there, but he he did come in
for that vote. But let's talk about the
major movers. What are we seeing in the
altcoin space? Well, we do have a major
gainer. It's going to be Arbitum.
Arbitum here is looking pretty bullish,
folks. Now, I am kind of watching this.
It looks a little bit better on the 4
hour, so we'll switch. This is the daily
candle. I'm looking at this level right
here. Let's go to the 4 hour. And so you
can see nice little uh you know kind of
start the trend line right there. Let me
clean this up just a little bit there.
All right. So we got nice little
rejection. Nice little support. I'm
watching this level. This is the little
pivot low. Found a little support here.
This might be a little bit of a area to
take a potential short on ARB. Right now
ARB's looking pretty bullish, folks. A
lot of this is just going to be from the
Robin Hood chain narrative. Also, uh,
look at this filecoin.
Filecoin on the one day. What do we have
again? The same candle we were looking
at before on the 1 hour, but now on the
daily, a topping tail. Now, remember,
you need that body to be in the bottom
25%. And if you look right there,
definitely in the bottom 25%. That would
roughly be about this range right here.
So, a topping tail. And now we are
pushing down. This is another one. We
got to go to the 4 hour. Really see a
clean trend line. So, I'm looking at
that for a potential long. This is a
strong scalp long opportunity. I would
not set this and go to bed. I would be
watching this one. I don't know if it's
going to push down, but if it does in
the near term, you're looking right
above 84 cents right now. Filecoin
trading around 85 cents. And Filecoin to
me is a dead project. It's uh
decentralized storage. I don't think
that's ever really going to work out in
the long run. Uh it's it's kind of a
weird model as well. It's like, well, I
have extra storage on my PC and I I put
it in this network and people can store
stuff on my stuff and no, I mean,
there's there's much much too much risks
of hackers and uh people just worried
about their data being stolen, data
leaking. Little bit too much risk for me
in my opinion there. All right, now
let's look at a potential setup as well
as yesterday's setup. We talked about a
short. I don't know if you hopefully you
guys were there. I'm reading the
comments, by the way. who took this
short. See your funny jokes about Mitch
there. Uh we talked about 259 260 261.
Well, that first entry hit and man, look
at that short entry right there.
Beautiful, beautiful trade setup that we
gave out yesterday. I by no means held I
did not hold until 3:00 a.m. I don't I
don't think anybody held until 3:00 a.m.
or maybe even better held till uh 10:00
a.m. today. But if you did, congrats and
uh cahoots to you on that one, folks.
Now, I'm looking at uh Filecoin. You
know, I always jump in a little
aggressively there. Lot of shorts at
Filecoin near the psychological level of
$1. I'm sorry, zero. Zero. I said
Filecoin. Talking about that earlier.
Zero. Look for a short on zero around 99
cents. 99.9. Really, it's right around a
dollar. I just got some a little bit
more aggressive entries. uh it can go
all the way up to 102 and so you know
the 99 to 102 range. So if you have some
low leverage, check that one out. Uh if
you want, Bitbase is our partner here.
We are partnering up with them and we
have a pretty cool campaign right now.
All you got to do is scan that if you
want to try it out, get enough volume.
You Oh, $100 deposit. You get to they
call it spin the wheel really. You get
to play the claw game. And if you play
the claw game, they have different
prizes and you could use that to to make
a make a basically like a a prop trade.
You keep all the profits on that one,
folks. Or you might win actual tether.
So check that out. We're also going to
have a link down below in the
description if you want to check that
out. So keep an eye out on those trades.
Hopefully you jumped in with us
yesterday. That was a beautiful trade.
Uh we did we were able to pull the
trigger on that one as well. It's 3:00
a.m. I must be lonely. Well, I'm lonely
if you don't hit the like button,
everybody. So, hit that like button. I
appreciate you guys sticking around till
the end as always. And I will see you
folks tomorrow, 1:30 p.m. Eastern
Standard Time. We'll talk about the
breakdown. Did the Clarity Act closer
pass? Did it not pass? What does this
mean for Bitcoin? What does this mean
for your altcoins? And until then,
folks, I'll see you in the future.
Appreciate it.