BITCOIN REVEALED: The True Story | September 29, 2026

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
everything. [music] My perspective on
this industry and my success within it.
Now I'm passing that knowledge on to
you. Welcome to Bitcoin Revealed, the
true story.
>> Hey folks, Nick Valdez here, chief
crypto strategist for Verified
Investing. And today we're going to talk
about Bitcoin and gold and their
relationship together and what that
means for Bitcoin's price action as we
head into Q4, everybody. Because right
now we are knocking on the door of
October and that's going to be one of
the final three months of the year and
aka Q4 which is where Bitcoin does start
to see a lot of activity. And I do want
to give a quick shout out to Bitbase
everybody. We're going to have a link
down below and I'll tell you about the
zero trade I'm in right now. ZRO and
just you know maybe some levels for some
other trades that I gave on this channel
yesterday talking about you Cardono and
XRP. Let's start with Bitcoin everybody.
Bitcoin still interacting with our
level. This is, you know, I'm almost
sound like a broken record at this
point. The November wick into the May
high. That gives us our little bit of a
consolidation range. And you can see we
knocked against it before we were able
to burst through. You knocked on it
again and then we were able to start
feeling bullish again. Everybody was
flying high last week. Everybody thought
the bull run was just going to continue
forever. But now we're starting to chop.
Everybody is starting to chop sideways.
starting to chop a little to the
downside. But if we go to the one hour
chart here, uh we got on the 4 hour
rather, you can see Bitcoin bouncing off
of this range almost to a dollar, almost
to a penny. Uh almost hit it, not quite,
but Bitcoin now starting to feel a
little bit of strength, folks. We are
starting to see a little bit of positive
price action in the charts, and that's
exactly what we want to see with
Bitcoin. Let's zoom in a little bit. I
want to show you something with the RSI
here. So, this is the 15minute candles.
We hit oversold and now Bitcoin's
starting to bounce a little bit. This is
the RSI that we're looking at on the
bottom here. So, uh just something to
pay attention to, folks. Let's talk
about Bitcoin and gold and what is their
relationship together and what does it
mean for Bitcoin moving forward, like I
said, as we head into Q4. So, I pointed
something out and I kind of want to
reiterate this is a long time ago. was
may even been like a month and a half
ago I was talking about this. But what
we're looking at here is Bitcoin priced
in gold. You can see it right there.
BTCUSD
that you know the ratio of gold here.
And you see a number on the right. What
is the number on the right? That is the
amount of ounces of gold each bitcoin
buys you. So when you see the number 20
that means one bitcoin buys 20 ounces of
gold. And uh the chart on the side, you
know, you can see it going up and down.
So, not that long ago, it was only 12
ounces of gold. Now, it's trading up to
20 ounces of gold. Now, this is the the
high for Bitcoin. December of 2024. One
Bitcoin bought you 40 ounces of gold.
And then there was a strong drawback.
We're going to go to the weekly chart
here. Spoiler alert. It fell for 62
weeks and then it found a bottom. So it
went from 40 really 42 41 41 some change
41 ounces of gold all the way down to a
dozen ounces of gold and then Bitcoin
started to climb as far as the price of
gold is concerned. This is what we just
saw as far as a draw down. Well, look at
this folks. Let me uh fix this yaxis.
This is the previous cycle. Now, we're
looking at Bitcoin's all-time high right
around October, November 2021. And it
started to fall, and you can see that
red candle right there that essentially
marked the bottom before we started
seeing green candles. What do you know?
Also, 62 weeks. So, it fell for 62 weeks
recently. It fell for 62 weeks the prior
cycle. Well, spoiler alert. You ready to
look at the previous cycle, everybody?
This is where things start getting
really fascinating.
Look at this. Now, we're talking about
2017. This is Bitcoin's previous
all-time, you know, two cycles ago.
December of 2017, Bitcoin, you know,
knocked on the door of $20,000. How long
did it fall? Basically, 62 weeks. 60
weeks right here. 420 days. Bitcoin
would go all the way from 16 ounces of
gold all the way down to 3 ounces of
gold. And this is just nuts, folks. Go
even further. Now, we're looking at the
candle November of 2013 and it fell for
59 weeks. So 59 60 626 62. But now let's
look at the next part. All right. So it
falls. Tell me what happens next
everybody. Well this is what happened
next. Bitcoin decided to run for years
against gold. We go to the next one.
Bitcoin had a little bit of a pullback
but it put in a higher low and then it
went on a nice bull run against gold.
This is just a continuous bull run, then
a pullback, then the nice blowoff rally.
And this is what we're looking at right
here. So, Bitcoin, you know, as far as
gold is concerned, starting to look a
little bit bullishy, kind of almost a
little bit of a bull flag. Then it
starts to move up. Kind of negates the
bull flag. Then we got a bull flag. Then
we got a bull flag. And I mean, let's
zoom into the 4 hour. Could it be? Oh,
that's right. Yeah, they don't want you
to look. You have you have to get like
the thousand uh trading view to look at
that. Something interesting to throw on
your radar, a different unique Bitcoin
chart that not a lot of people talk
about, Bitcoin dominance. This shows
Bitcoin's strength within the the
broader market cap of all
cryptocurrencies. And so when Bitcoin
dominance goes up, that means Bitcoin's
share of the crypto space is growing.
But oftentimes what happens when
Bitcoin's price goes down say 2% you'll
see altcoins go down 4% 5% 10%. And that
will make the Bitcoin dominance go up.
So often times Bitcoin dominance goes up
Bitcoin is falling. It's just not
falling as much. And so when Bitcoin
dominance goes down oftentimes Bitcoin
the price is heading higher but the
altcoins are outperforming it. And you
don't see that every time, but that's
just more often than not, that is what
the dynamics of the crypto market's
going to look like. And on a technical
basis, we are breaking down out of this
parallel range. And so remember, so when
when it goes down, just to repeat
myself, when it goes down, that might
mean Bitcoin, you know, might be going
up 1%, but your altcoin is going up 5%.
Or Bitcoin's going up 10%, but maybe
your altcoin is going up 50%. And if we
can continue the breakdown, what we need
to do is lose this trend line. Uh this
is going to go all the way back of June
of 2025. And then you see we hit it
here. This establishes our trend line.
Kind of chopped around, consolidated,
bounced along it, bounced along it. We
need to keep hitting on this, hitting on
this, and then that's when we're going
to potentially see your Bitcoin goes up
10%, your favorite altcoin going up 50%,
going up 100%. uh that's when you really
start to see those really nutty moves in
the market. Now, what are we seeing with
the crypto space? Well, right now, all
eyes on the 10-year yield. I don't want
to focus on this too much. The reason
I'm talking about this on a crypto show
is this is really shaking the markets.
10-year yield. And this is the most
closely related one when it comes to
buying a house. I explain why in a
minute. We are hitting a level we
haven't seen in a very, very long time.
Now, let me uh stretch this out. Let's
get our horizontal line. We're at a
19-year high. We're about to be at a 25
24 year high. And so, if we go all the
way back 2009,
we are hitting this level. Now, it does
look like it's starting to pull back a
little bit from this. But if we Yeah,
even higher, folks. Even higher. It is,
like we said, it is pulling back a
little bit. That was from the wick. Then
we're going to look at levels we haven't
seen since the year 2002. Now, the
reason the 10-year yield drives what
your 30-year mortgage is going to be,
this is an interesting fact, by the way.
Smash that like button, everybody. If
you like the little uh, you know, the
the little factoids here, the average
mortgage is only 10 years. You say,
"Well, I'm not paying it off in 10
years." That's because homes sell. And
when that house sells, that closes the
loan. And on a, you know, related note,
I I think I closed on my house today.
I'm waiting for the money to hit my bank
account. Oh, what should I do with all
that money? Now, I'm probably gonna
obviously save some for the next down
payment, but should I yellow into an
altcoin? Let me know what altcoin it
should be, folks. All right, let's look
at the liquidation heat map on Bitcoin.
Then, we'll look at we'll glance at some
altcoins here. This is the 24hour. Yeah,
24hour heat map. You can see Bitcoin's
price action heading sideways, moving
up, moving down, moving up, moving down.
And the when you see levels get sliced
into these bright horizontal lines get
sliced into that means there are
liquidations. And so we got some we got
some data around 10:00 a.m. Jolts job
data. Uh we also had consumer confidence
data that came out around 10:00 a.m. You
see 9:55 10 a.m. hits the 10 10:05.
Boom. We started to see a major
pullback. Major pullback. This coincided
with the yields going up. All these
longs on Bitcoin got liquidated and
there's another bright line right around
82. So, it looks like we might need to
flush a little above 82 before we head
up and then we start wiping out the
short entries. Let's look at some
altcoins, everybody. Let's look at
Ethereum. Ethereum still continuing to
interact with our level right here. Uh,
this is nothing crazy, you know, we're
just going into the wick into the wick.
This gives us our established trend line
and then it hits again right there.
Consolidates. Bounces off that level.
Hold support. Hold support. Now we hit
it recently.
Just like drawing this out, folks. Bam.
Look at that. And so if we continue to
fall down, this is the level that I'm
expecting some relief for ex uh ETH.
That's where I might expect a little bit
of a bounce. Folks, let's go to the next
altcoin here. We're going to be looking
at the, you know what we're looking at,
folks. You know what we're looking at?
We're looking at the major movers. Big
big move with a today. A kind of
piggybacking off some of the altcoin
pump that we saw yesterday from the ISO
uh o or ISO ISO 222 pump, quant pumped,
har chain link pump. We saw all these
pumps here. I'm looking at this level
for a for a potential short, but I don't
know. We might already be seeing the
pullback. So, if we consolidate
overnight, do another push up, I like a
short right around 180. That's going to
be the level that I'm going to be paying
attention to for a for a potential
short. Let's look at Zcash. We talked
about Zcash looking terrible on the
daily RSI. These are called bare
diversions, bare divs for short. Price
heading higher highs, RSI lower highs.
This gave us a little bit of a sign. And
so a one of the biggest gainers. Zcash,
one of the biggest losers. But in the
top 100, you know, is losing even more
than Zcash. Where's my barbarians at? I
mean, I shouldn't have I almost ripped
my suit in half, man. I was like uh The
Rock in the stupid HBO show about sports
agents, but HAR
Barbarian, the H barbarian community,
they are in shambles today, folks. They
are not liking what they see here. Uh,
great insights. Hey, I appreciate it.
You ready for an insight on H bar?
Hopefully, we see a nice rotation out of
gold into crypto. Well, that might be
what we're about to face, but might see
a little bit of a pullback. I was
looking with gold. That Bitcoin gold
chart, there's a pullback after like 160
days, after 180 days, after 200 days.
We're kind of right in that range right
now. We're at 190 days. So, we might see
a little bit of a consolidation for a
month, but then maybe we'll see some
moves. Uhoh. Wow. It wasn't this low
when I was charting this earlier. Uh,
let's This is This is scary, folks. This
is scary. Might be a little bit of a
long opportunity, but look at this trend
line. This is pretty cool stuff right
here. This is HAR. And look at that,
folks. Maybe move it just a little bit
higher. Uh, H bar trying to potentially
break this level. Let's go to the one
minute. Yeah, this is looking ugly,
folks. Looking ugly. Now, I did do a
scalp long. Uh, scalp long from there. I
closed it already, but uh might have to
play again. Might have to play into the
markets again. So, that might be a
potential trade setup for you right now,
folks. Potential trade setup. I put in
some longs overnight on Cardano and XRP.
I closed 75% of them, so it's just a
small position right now. Now, it looks
like a little bit uh you know, in the
negative there, but I will show you my
orders, folks. Uh XRP, wow, could that
be close? This is a trade I put in
yesterday and it's literally at the same
level to like a hundth of a penny. So,
that's pretty interesting. I like these
uh limit orders. A little bit lower
right here near this wick from September
24th. So, you know, you're looking about
a week ago and then a little bit lower
kind of interacting with the wicks that
we see right here. So, it's going to be
maybe a nice potential long area for
XRP. Uh the the orders this you can see
right here. Opened it around 24 cents,
closed it around 25, opened that around
148, closed it at 155 for ADA and XRP
made a 270 bucks. Nothing crazy. Nothing
crazy. I'm looking at ICP also putting
in a major pump. What's going on? Who is
buying ICP? Is this literally just
Insane Clown Posi members? I hope not. I
just listened to Eminem uh second album
on just, you know, old oldie but goody
nostalgic. It's like, what what's up
with your obsession with ICP? Uh, I'm
not going to get into the the graphic
nature of some of the skits on that
album, but Eminem, you got a dirty mind,
bro. You got a dirty mind. Look at this
trend line, though, on the hourly on
ICP. This is a very tradable level.
Ah, man. I wish I would have spotted
this one a little bit sooner. I wish I
would have spotted this four hours ago.
Uh, just keep an eye on this. I'm not
recommending any kind of long on ICP and
I never will. I'm I'm just kidding. You
know, give me the show me the
technicals, okay? You don't hate it, you
don't date it, you just trade it. But I
do like a short if we interact with this
level again. So, keep an eye out on that
for ICP.
And right now, I'm kind of liking what I
see with the RSI. Whoa, never mind. I
was prepping this show earlier and you
know, 15 20 minutes earlier, right?
These are one minute candles. So 369
uh 9 minutes ago the RSI reset. This was
looking a little bit bullish. You can
see a lower low on the price, higher low
on RSI. You shouldn't put too much
weight into small time frame RSIs, but
if you're scalping, you know, it's it's
definitely something you can do. Uh zero
got a lot of liquidation levels that
it's it's kind of tapping into right
now, but right now that's looking like a
bare flag. So you might not want to get
into a position on that one, folks. So
maybe uh tread carefully. Tread very
carefully. Take zero steps onto that
one. Uh everybody make sure don't put
everything you have in a dog whiff hat.
Okay. Do not do that. Do not do I'm
Scarboro man. We're like the Marbor man
because you're blowing smoke up our
audiences. You know what? But everybody
hit the like button. I appreciate all
your comments. I I try to respond to
everybody. I think I pretty much do a
good job of responding to everybody. You
know, if you comment 23 hours after the
live stream, I'm already prepping for
the next one. But, you know, I I I jump
in there. I chop it up with you guys. A
lot of interesting insights, a lot of
interesting takes. And I ask you guys,
you know, is the bare market over? Like
two out of three are saying, "Yeah, the
bare market's over." But one out of
three saying, "No, we're we're heading
much lower." So, I I I just like hearing
from you folks. I love whiff. Well, I
didn't mean to to whiff on your altcoin
there, folks. But that's our show for
today. I do appreciate you guys sticking
around till the end as always and until
next time folks, I will see you in the
future. Appreciate it. Byebye.