Crypto Crash Ending?📉Technical Analysis with Tim Warren

More than $1 Trilion has been wiped off the value of the cryptocurrency market in the past six weeks amid fears of a tech bubble and fading expectations for a US rate cut next month.

~This episode is sponsored by BTCC~
BTCC 10% Deposit Bonus! ➜ https://bit.ly/PBNBTCC

Guest: Tim Warren, Host of Investing Broz
Investing Broz Youtube ➜ ‪‪  @TimWarrenTrades  
Follow on Twitter ➜  @timsta6753   

00:00 Intro
00:10 Sponsor: BTCC
01:00 Cloudflare Outage
01:30 Fed new chair?
02:10 Matt Hougan & Tom Lee: We’re still recovering from Oct.10 but nearing bottom
04:20 Is the bottom in?
06:40 Is Tim bullish or bearish?
09:30 2021 vs now
11:30 No Market Structure Bill in 2025
13:07 Job losses rising, no Fed rate cut December?
16:00 USDT dominance
19:00 Most ETF holders underwater
22:50 OTHERS Chart
25:00 Ethereum analysis
27:15 ETH/BTC chart
29:00 Bitcoin Dominance
30:15 Solana analysis
31:50 Outro

#Crypto #bitcoin #Ethereum
~Crypto Crash Ending?📉Technical Analysis  ⁨@TimWarrenTrades⁩  ~
⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺

Join our community!

Diamond Circle Email (FREE)➜ https://bit.ly/pbnmembership
Private Telegram Group (FREE) ➜ https://t.me/+nISqoMxrok40NTcx

Subscribe on YouTube ✅ https://bit.ly/PBNYoutubeSubscribe
X/Twitter 📱 http://bit.ly/PBNtwitter

Get official PBN merch! ➜ https://merch.paulbarronnetwork.com/
~ The Best Self Custody Wallet ➜ https://tangem.com/en/ Use Code PBN for Additional Discounts!
~ The Best Crypto Exchange ➜ Coinbase, get up to $200 in crypto - coinbase-consumer.sjv.io/BARRON
~ Looking for the best tax havens for Crypto? Free Month with iTrust Capital ➜ Use PROMO CODE - PAUL BARRON https://rebrand.ly/PAULBARRON

Episode Transcript

Speaker 1 (00:00):
Are we in a bear market today? We'll answer that
for you because it's going to be the question that
everybody is asking. Let's just jump right in. I do
want to thank our sponsor, and that is BTCC. In
times like this is where you can go out and
start to leverage into swing trades, look at ways to
create a strategy around some trading, and you can do
it over at btcc dot com. Use our link down below.
It's going to get you a ten percent bonus on

(00:22):
first time deposits and a whole slew of other benefits
that are all available to the PBN community. So you
guys click that link down below, get in there, start
your first trade over on BTCC. A great place to
get going. Listen, I want to bring in Tim Warren,
who's coming in from the Tim Warren Trades Channel.

Speaker 2 (00:40):
How are you doing good, Paul, Good to be back.
Sick all of last week, so I missed being on
the show, but glad to be back. And hey, maybe
the bottom's in, Maybe it's not though. Maybe the bearmarkets
here we're going to assess them.

Speaker 1 (00:51):
Well, yeah, we're going to look at it. Hey, listen,
We've got one thing happening, and that is the cloud
flare outage has caused carnage in this of Crypto Exchange's website.
Polymarket was down x was down for several hours. So
after two major aws outages, all right, we already have
had another cloud flare outage. And are we continuing to

(01:15):
see some nefarious activities occurring at very critical times in
the market? Have you noticed that very critical times? If
you go to look at these outages as more trading
is occurring, I don't know yet.

Speaker 2 (01:29):
Very few things in this world are coincidences, So.

Speaker 1 (01:31):
That's right, that's right. I wonder what would be the
coincidence of a new chair and who we would replace
that new chair with. Who is your pick right now?
Do you have one?

Speaker 2 (01:44):
I don't know. If I have a pick, I'm not
gonna be the one to make that pick. And I'm
glad Waller's making his case. I don't think that crypto
holders would be too opposed to Waller being the chair.
But who knows. Maybe it's someone who's not even on
the FED right now and it's an outside hire. But
we'll see.

Speaker 1 (02:00):
Well, he says he's going to do it, says he
already knows who's going to pick to replace the FED chair,
mister Jerome Powell. The question is when does he do it? Now?
I want to go into the market a little bit,
and I'm going to lead off with a clip here,
and this, of course is mister Matt Hogan and Tom
Lee talking about is this the bottom take a look.

Speaker 3 (02:21):
It's crypto specifically. It's been dealing with two issues. One
is there was this big liquidation event on October tenth
one that really was a larger liquidation event than anything
seen in history. And the second is because crypto is
risk on, I think markets are really struggling with what
the Fed's going to signal on December, because you know,

(02:43):
if you end up with a hawkish FED, it gets
crypto investors very nervous. I think that's all creating this
downside pressure. But I think the good news is there
are signs of exhaustion. Just like in twenty twenty two
or in twenty twenty, it does take a few weeks
for the industry to sort of find its footing, and
I think that's why crypto prices have lagged here, and

(03:04):
it does have the signs of that maybe a market
maker or two actually is unable to provide market liquidity
and as you know, as liquidity contracts, it's the same
thing as the central bank tightening. So it's almost like
crypto qt mindset would look like a bottom that could
be occurring sometime this week.

Speaker 4 (03:22):
I look at this as a great buying opportunity for
long term investors. You know, Bitcoin was the first thing
to turn over before this broader market pullback. It was
sort of the Canarian the coal mine, signaling that there
was some risk in all sorts of risk on assets.
I think it'll be the first thing to bottom, and
I agree with Tom. We're getting very close to that point.
So I think it's an exciting opportunity again for people

(03:43):
who are looking out a year or more into the future.

Speaker 1 (03:47):
All Right, So there you have it, Tom Lee, both
Matt Hogan are still upside very bullish on the market,
saying that this is that was a little bit of
a striking statement that Tom said about market makers not
having liquid to be able to be able to run
into That's a little scary in the sense of where
we are the market right now, because it means are
we in a house of cards? You know, when you

(04:09):
look at that kind of scenario, if that's happened, is
it's systemic that it could kind of roll into other
market makers. Do you agree with Matt and Tom that
this is the bottom?

Speaker 2 (04:20):
You know, it's crazy because when I have to start
off and give just clear points about it to Tom
Lee or Tom has been right about a lot of
things in the past, He's not been right here recently.
I think at this point his predictions of where we're
going to be at the end of the year are
just way too far fetched. I think it's pretty clear.
You know, we're not going to get to one hundred

(04:41):
and fifty or whatever or with bitcoin unless something a
miracle happens. Hundred ty thousand or seven thousand for ethereum,
unless a miracle happens. Those things are happening. Maybe he's
he's a two hunred thosand and two fifty. I'm saying
one hundred and fifty thouand probably won't happen by the
end of the year at this point. But when it
comes to the statements, will we see a bottom this week?

(05:04):
I've moved into a place, Paul, I think I said
this on your show last time I was here. I
have been brutalized and I'm not even gonna try to
hide behind or make excuses. My longer term price predictions
have been brutalized. I have videos from a year ago saying, hey,
how high can these cryptos get by the end of
twenty May five? And not a single one of them
have come true. Right, So I'm not gonna sit here
in a lot of people and tell them I'm this
perfect guru. But I've I've decided, you know what, I'm

(05:27):
gonna step out of trying to look down the road
of six seven months, a year, two years away. That
is borderline impossible. At this point, I'm gonna focus on
what is right in front of me, what a chart's
saying right now, and what I am seeing is we
have hit a lot of support and we've hit a
lot of blood here. In the last couple of days,
weeks ago, I told people be prepared for ninety two,

(05:51):
and I said, hey, there's an outside chance eighty nine.
I think, I said eighty nine to eight could be
hit due to golden pockets, due to some liquidity and
liquidations that were down at those levels. I was hopeful
we might have bounced closer to ninety eight or ninety six.
But I told our community, listen, these are still available.
We took all that out last night. We took all
those gun I'm not saying we can't go lower, but
we took all those out pretty fast, pretty aggressively. And

(06:14):
as we're going to look out here in the charts,
heenter second, there's a handful of things that are echoing.
Bottom is in, or at least bottom is close. So
what happened this week? That's a good question. Maybe it
did happen, but it's at least very close in my opinion.

Speaker 1 (06:30):
Well, eighty nine two, I think is where we landed
this at least. Yeah, So you're looking at a struggling
market at best. And even with that, you've got Rob
Paul who has also hit on this, and that is
bitcoin corrected and this is I mean, he's just stating
facts here. Bitcoin to twenty twenty four correct at thirty two,
twenty twenty five, thirty two. Right now, it's around twenty

(06:51):
eight normal if you've been here before. I know everybody,
most people who are here now watching our channel has
not lived it before, so they're a little panicking.

Speaker 2 (07:00):
You know.

Speaker 1 (07:01):
Solana corrected forty seven, sixty seven, forty eight, and Suey
was sixty nine seventy nine, sixty eight, and now sixty four.
So cycle wise, the point that I think he's getting
at is everything's over sold right now and that this
right now, the sentiment is terrible. We'll show the you know,

(07:23):
the fear and greed in the second. But would you say, okay,
I'm gonna I'm not gonna pin you down to Are
we in a bull market or in a bear market?
Are you bullish or bearish right now going into the end.

Speaker 2 (07:34):
Of the year, right, I mean the end of the day.
I'll answered both sides of that question. I am bullish
going to the end of the year, not one hundred
and fifty thousand to two hundred thousand for bitcoin, not
seven thousand dollars per coin for theory. I'm not that
level of bullish. But I am bullish. And when you
when the original question, you said you don't want to
pin me down, I'm okay being pinned down there. If
you are going to say we're in a bear market,
which again a lot of people are in intersting right now,

(07:55):
I'm willing to say, fine, we're in a bear market.
If you agree that we had a bear market early
in twenty twenty five and if you agree that we
hit a bear market in the summer of twenty twenty four,
because again, as you just even mentioned, they're based on
Ralph Paul's tweet, we actually are not even down as
far right now as we're back then, and yet the
fear in green decks you're about to show is showing
the exact same levels of fear despite the fact that

(08:18):
we actually aren't even as low. So I'm just sitting
here saying, for anyone out there things, we're in a
bear market. The answer at this point is not a
crypto bear market. You can't use the stock market definition
of a bear market and say cryptos in a bear
market because that says twenty percent down, you're automatic a
bear market. Twenty percent is a normal Tuesday for bitcoin
and cryptocurrency. This has to be compared to previous levels

(08:40):
and previous sections in this bull run so far, and
until we drop to new lows and meaning new lows
of how far we've fallen, I'm gonna continue to say
we're in a bull market. I'm gonna see it as
an extreme fear. We hit ten for two days in
a row. This to me is screaming blood is in
the streets. We cans are gone or almost gone. I
think new highs are coming in the new year, all.

Speaker 1 (09:03):
Right, And you're looking at the fear and greed right there.
Fifteen as of today, filming all the way back into April,
which was the last time we saw a market dip
also at fifteen, and the prior to that one was
in March, and of course that was all due to
tariffs also clipping down to fifteen again. But this move
that we saw this week, where we started to see

(09:23):
that ten for a short period of time, was pretty
indicative of what you're saying in terms of is this
the bottom and is the bottom end? I guess the
real question if you go all the way back into
twenty twenty one, because I think a lot of people
that watch our show, probably even your show, we're probably
around in twenty twenty one, maybe not into crypto as

(09:43):
heavy as they are now. But take a look at
the bitcoin chart in twenty twenty one, tim, and if
you compare May to November, kind of go in that.
Tell me if there's any scenario that is unique to
what's happened right now with the most recent up tick
to twenty one hundred and twenty six here in twenty

(10:03):
twenty five.

Speaker 2 (10:05):
So you're saying, comparing the one to November double top yep, yeah,
and compared to this. When I hear yeah, people are
gonna look for this and they're gonna try to pinpoint
and say, man, we gotta look at this and see
we clearly had Barish divergence with a slightly higher high.
But if you turn on our osclators and you know,
look at the RSI, we clearly went lower high, and
they're gonna say, well, the same thing happened back here.

(10:26):
Here's what I'll tell you. You could have made the argument.
You can make the argument right now, you can if
you want to, but you'd also let me go a
weekly chart here see less candles. You also would have
to make the argument, well, then why didn't we top
out in January or December December twenty four to January
twenty five, Because if you're gonna say, well that tim

(10:47):
was massive Bearish divergence, we have to be done Well,
there was massive Barish divergence back there as well, and
we kept going to do highs. Right, this has been
a triple top here. So I don't like the argument, Well,
we've seen a chart look like this, it's called for
anyone out there, he's called a fractal. I don't I'm
not a big believer in fractals being perfect. People want
to use the fractal of twenty twenty one to try

(11:09):
to pinpoint the top of twenty twenty five, and like
I just pointed out, if that was the case, then
you should have sold back in December when we had
that massive weekly bearish divergence. But of course we would
go to new all time highs to one twenty six
only a couple of months later. So I'm not a
big believer in saying just because that looked like that
in twenty twenty one means it's going to happen again
in twenty twenty five.

Speaker 1 (11:30):
You put out the tweet obviously following up what Eleanor
was talking about in reference to Senator Scott talking about this,
and he's mom on the banking side of the market structure,
which tells me that things are not looking good in
Congress for the Clarity Act, and when you look at
where we are right now on the market, this would

(11:50):
be another bottom signal. If we don't get the Clarity
many people would say, Okay, well, everybody's selling out waiting
for Clarity Act most likely going to happen, you know,
Q one, If we get it through Q one of
next year, do you think that is a signal for
twenty twenty five. If they finally put a nail in
this one and say it's not happening this year, I.

Speaker 2 (12:09):
Mean, that's definitely not gonna be. It's not gonna make
a Skyrocks new all time highs by itself, that news,
I think. I think part of this, though, is gonna
be blown out of proportion. Tim Scott come out and
saying it's not gonna happen by the end of twenty
way five. Let's be honest, there's only a month and less.
There's less than a month and a half left in
the year, right. If there's one thing we know about
America's government systems is that they don't do anything fast.

(12:31):
So to think that we've been shut down for the
longest shutdown in American history, we just got reopened last week,
and they're gonna turn around and vote on this and
get this all approved in a month and a half,
I think the way to look at this is say
Tim Scott's being reasonable, saying, hey, guys, it probably won't
be approved until early into Q one of twenty one five.
Who gotta get time to have debate and conversations, and
we got to make sure we get the votes. You

(12:52):
don't want to rush this process and then have to
go back to the drawing board. He wants to take
it slowly, but surely get the votes and then get
this pass asap. And that's just probably not in twenty
May five.

Speaker 1 (13:04):
Other macro environment things that are happening is the jobs.
We're finally starting to get some data. US jobless claims
now rise two hundred and thirty two thousand. The estimate
was around two twenty three, so up considerably again after
a previously high of two hundred nineteen thousand jobless. So
we're continuing to go up the you know, it's kind
of like a situation in the market. We'll continue to

(13:26):
see a higher Barish divergence here when it comes to
jobs in general. Do you think that we are in
a position right now, because if you look at the
S and P. Five hundred and you compare that to
the economy, it's as if the economy isn't a completely different, polar,
opposite environment than what we're seeing the S and P

(13:47):
five hundred, even though it's down a little bit but
still up significantly on the year. Do you think this
changes for next year or does the S and P
five hundred finally get its day and we start to
see a major correction in the Well, let's.

Speaker 2 (14:01):
Be very clear, what's in the S and P five hundred.
One of those companies, the largest company in the world,
in Vidia, has been boosted through the AI world. That's
the whole debate right now on the internet. Is a
AI about to enter into a bubble? I believe your
teel just removed all of his investments from Nvidia. I
could see in Vidia come down back down to earth.
We talked about my show the other day, But you're right,
like the SP five hundred doesn't match the full blown

(14:23):
look of the economy because it is propped up by
certain stocks that are going massively the upside, like in Vidia,
and that could correct here a little bit in a
nutshell though I still think that I said this the
other the end of my show. The economy is not
where everyone wants it to be, but it's not in
as bad of a position as some people want to
doom and gloom to make it out to be the

(14:45):
sep FI hundred is up because of AI stock. I
think what we could see happen is a coordinated approach
where crypto does very well and other stocks very well
as not only does the liquidity come in from the FED.
Right people are freaking out about the December decision. I
still think they're gonna cut rates, but remember this number first.
Whether they cut rates again in December on the tenth
or not, December first ends quantitative tightening. We have several

(15:06):
FED members talking about quantitative easing is gonna come sooner
rather than later. That is added injected liquidity back into
the markets. Then you also have these overinflated I'm not
going to call it a bubble, but I am going
to call it overinflated stocks in the AI space space
that people have been sending money to, they've been making
a lot. It's over bought. Watch them take profits, and

(15:27):
there's two options to do with the once youdiculous profits.
Do you have faith in the US dollar? I don't,
but you could if you want to or do something
that has a bright future and is over sold. I
look at the crypto space right now. I think we're
about to see a massive liquidity shift into crypto. You're
seeing liquidity in the global scale scale is hitting some highs,

(15:48):
hitting some resistance. The US dollar, the Dixie is hitting
a resistance level. Also, USDT dominance back up to a zone.
Let me actually show this chart all right. USDT dominance
right now is back up at a Z the older
resistance that previously this year has marked major bottoms. We're
previously in this bull run. September of twenty four, we
got to this level up here at six point five

(16:08):
to three. In April slash in April of twenty twenty five,
we got up here at six point two two. Today
we waked as high as six point zero nine. And
when you look at some other indicators, we are extremely
overbought on this levels, preparing for a turn back to
the downside. Even as high as the weekly chart USDT
dominance going to the upside. For anyone who doesn't track

(16:29):
this chart is a bearish thing. It makes sense that
markets are bleeding. Guess what they're being put back into USDT.
Guess what happens to the USDT gets high though and
starts to reverse it comes back down. That liquidity gets
injected into the crypto space because it's a stable coin.
So if we have liquidity coming from stable coins back
into crypto, and we have liquidity coming back from the

(16:51):
economy and the US government. To me, again, I'm not
gonna give a date and I'm not gonna give a
price range of how high it could get. But all
this still screams there's a assive liquidity jump coming to
the markets. It's a matter of being patient, waiting for it,
getting the weekends out of the market so that the
rich can get richer. That's their game. But those of
us who stay around in hodle on will get to

(17:12):
reap those rewards as well. Well.

Speaker 1 (17:14):
I think a lot of people have to understand that
wealthy people's timelines and time horizons are much different than
others because you're dealing with people who don't really need
the money. So they're sitting in a position where there's like, hey, whatever,
I'm going to hold this for another five to ten years.
That's my time horizon. Where's that market going to be
at that time is the question. So a lot of

(17:36):
this minutia that we're dealing with right now, which gets
into your point of worrying about what's going to happen
by end of quarter. Who cares really? I mean, at
the end of the day, yes, you want to be
in positions. So it's always about where you can buy
an opportunity for a market dip and the other market
dip opportunity is probably going to come up here on
December tenth as we get into the fed raiate decision.

(17:57):
To your point, you still think they're going to get
a cut right now. It is a struggle over there
on poly market because I don't think anybody knows we
are back and forth on poly market on a quarter
basis and a no change. Tim Warren says quarterbasis points.
I'm I'm going to reserve my decision for one more

(18:17):
week because I'm still worried about another another crazy move
in the market, which also remember Pal's still got to
get some more data, you know, and he may start
I'm going to I will predict this, I will predict this.
I think Pal's going to come in and do a
meeting between now and December tenth to reveal some of

(18:39):
his strategy based on data because of the pent up
demand of data that he needed, so be on the
lookout for that when he gives us that meeting, then
we might have something. By the way, guys, if you
haven't subscribed to Tim's channel right there, it is Tim
Warren Trades over on YouTube cracking it out there, does
a good job keeping you guys updated, So make sure

(19:01):
and subscribe. Tell him we sent you over there for sure.
Let's get into some other tokens here, Tim, and I
want to look at the Before I do that, I
want to go back to bitcoin for just a second,
because this is this is a statement right here around
the average ETF investor underwater as bitcoin's falling, you know,
down to eighty ninety six obviously bitcoins back up to

(19:21):
where are we at now ninety three to three here
as time of recording, So a big move just in
the last twelve hours. Yeah, do you think ETF investors
are getting spoked here or do you think they'll hold?

Speaker 2 (19:33):
Oh, I'm sure. Remember ETF investors are still retailers, right.

Speaker 1 (19:37):
Yeah.

Speaker 2 (19:37):
While we do see institutions going the route of buying
bitcoin via ETFs instead of the traditional coinbase or binance route,
there's still a massive amount of retail trad FI investors
going to ETF route, And that's just a part of
the play. The part of the play is scare retail
out of the markets, get all the weekends gone, get
rid of all the over leverage long positions, and then

(19:57):
the composite man or the institutions, the whales, they can
buy up that cheap price, and then they skyrocket back
to the upside. So I think ETF investors are getting
scared in the same way the coinbase investors are getting scared.
The finance investors are getting scared. I put a tweet
out this morning. Listen, like the last month and a
half has been brutal. I understand why people are scared.
I understand why people want to give up. It's just

(20:19):
about getting out of your feelings. Right now, look out
at what's been happening. I'll show this. You kind of
mentioned it with a tweet earlier, but I want to
kind of show people on the charts what this looks like.
People are freaking out right now about bitcoin, despite the
fact that bitcoin is only down. Let's go so the
wick to yesterday only down twenty nine point five percent.

(20:41):
Why is that important? Because literally earlier this year, we're
not even have to go back years plural, we can
go back months. We were down thirty one point six percent.
Let's go back to one year ago, during the summer
of twenty twenty four, we were down thirty I think
this one's gonna be thirty two percent. Let me get
the exact number, thirty excuse me, thirty three percent. So

(21:02):
we're not even down as far as we've been in
the last two years, and yet people are freaking out
and convinced that the bull market is over and done.
I'm not gonna look at individual all coins, but let's
just take a look at total three. Ethereum has had
a pretty good run here recently. It's one of the
few coins that is nearer to its previous all time high.
But total three is all of the all coins excluding ethereum.

(21:24):
Even when you look at this, yes, certain all coins
are down forty to fifty sixty percent, but Total three
has only been down. I'm not gonna count this wig
the scam wick. I'm gonna count the lowest the other day,
twenty six point nine percent. Why is bitcoin dominance falling?
Because all coins actually are not even falling as far
as bitcoin is not. A lot of that probably has
to do with z cash and the massive climb that

(21:45):
it's made. But my overall point here is people are
freaking out and they're acting like all hell is broken loose,
and we're setting records for the worst crashes in the
history of crypto. And that's not the truth. That's not
what the charts say, but it is what the gut,
feeling and emotions are on the Internet and most retail investors,
I'm just being honest, Most people invest heavily with their emotions,

(22:10):
not with their brain looking at the charts, thinking critically,
understanding that it's best to buy when people are scared,
and it's best to sell when people are happy. Right now,
people are scared at levels we have seen previously. Mark
major bottom.

Speaker 1 (22:24):
Positions if you go into the other's chart, because that'll
give you more of an all coin comparison.

Speaker 2 (22:29):
Yeah, what do you.

Speaker 1 (22:31):
Think about that? If you remove some of the majors
out obviously outside Bitcoin and eath, now you pull off
XRP and Solana, Yeah, because that's the real all coin
market I think in comparison.

Speaker 2 (22:43):
I'll have to add this to my list of thinking
to keep an eye on. Here's what I would say
that's stepping out standing out to me at the moment,
we clearly did not get a higher high end here
in September twenty five, we were lower than back here
in December twenty four. But I'm gonna comment that here
in a second. But I think what's more important than
saying we didn't get a higher high is we didn't
get a lower low either. Yes, there's a scam wick here.

(23:05):
I'm not going to count that. When you look at this,
we're staying on the trend line of support to the upside.
This is actually this actually makes it a little better.
You know, back here in December of twenty four down
to April, we saw a sixty one percent correction and
the bull market was not quite over. If you go
back before that here in the summer of twenty five,
you know, March twenty four down to the summer of

(23:28):
twenty four, we saw a fifty eight percent correction. Well,
because we didn't put in a higher high, I can
just go ahead and tell you the alt coins not
really that bad, only down thirty six percent. And again
this is obviously excluding like you said, I have to
add this excluding you said at Solana and XRP still
putting in higher lows. Very good case. But here's the
other thing. I'm saying, you know, if you're sitting or
saying we're about to enter into a bear market, you know,

(23:51):
I want to be very clear. I will go off
this per sent I want to be very clear to
people we have entered into no man's land. Anyone who's
trying to say, oh, look at the history of the
cycle and the history, we are in no man's land.
Never have the institutions control the markets the way they
have right now. But let's just say, let's say you're
a person's like man, we've entered the bear market. We're
here to go because of the Fourier cycles in play. Well, guys,

(24:12):
if the four your cycle, one of the things is
that you have a whole year of downward action. All coins,
according to this other's chart, have been in a bear
market for a year, which, so your own argument would suggest,
if they've been in a bear market for a whole year, historically,
shouldn't all coins resume to the upside. That's not my stock,
that's not my argument. That's what I'm saying. What I'm
saying is, don't pay attention to four your cycles and

(24:32):
past movements because those were under a different game, different
controllers of the markets. We've changed it now. I still
think though, when you look at investing in total, not
just crypto, look at the stock market, look at the
history of how markets move, the amount of indicators screaming
a bottom is close and that the whales are about

(24:52):
to buy it big, while retail runs scared for the hills.
It's screaming at me that we're very very close at least.
Maybe the bottom's not in, but we're very close at least.

Speaker 1 (25:01):
Let's go into two more charts. I want to take
a look at the ethereum chart, because that's that one
is interesting to me because obviously we dipped just under
three k. Ethereum, of course has bounced much like bitcoin
has gone back up to ninety three. Where would you
look at ethereum right now in terms of trend lines.

Speaker 2 (25:20):
In terms of trend lines, I don't know if I
have a trend line in play right now for Etherorum.
Obviously we had a nice falling channel here weeks ago.
That this is a barish move because we broke the
little support level, treated it as resistance. This one is
where I was looking at, Like I told our community once,
especially after we lost this queen line. I said listen,
the Golden pocket is going to be something to watch

(25:41):
it for Ethereum. Last night Bitcoin hits Golden pocket. Are
we going to say that's close enough for government work?
Maybe that is Like you know, I told my community,
twenty nine to thirty is going to be an area
to watch, maybe even as low as twenty eight fifty.
We got to what is that about twenty nine to
fifty one? So within twenty dollars of what I was saying,
is that good enough? Obviously we're getting a little bounced
by here. Let's not rejoice. Let's not say for sure

(26:03):
the bottom is in, because we haven't even gotten back
into a bull trend on minor time frames right now.
But we did hit a major marker right there for ethereum.
So trend line, I don't have a trend line to show,
but I do think that golden pocket was something to watch,
and we skimmed it got very close to it last night.
Several other all coins dipped to it or leaven a
little bit below. I think that's a good sign. I

(26:24):
think Ethereum is one of the coins that should benefit
the most from those other things I showed you. USDT
dominance looks like it's about the top goal of the
death cross that we haven't even mentioned that in the
show today. The death cross that just happened, And I
told our community, I don't care if you're bullish or bearish.
Look at the history, not just in crypto, in the
stock market as well of the death cross. Whether you're

(26:44):
in a bull market or a bear market, you're at
least in a short term bottom. Within the couple of
days in twenty twenty two we had one, it was
a bear market. We still saw bitcoin rally forty eight
percent before continuing to the downside after that death cross happened.
So even if you're listening this and you're in a
bear market, you should be saying, hey, I think that
bitcoin and all coins should at least have a dead

(27:06):
cat bounce. If you're bullish and you think we're in
a bull market, you're buying because you're preparing for new
all time highs and Q one of twenty nighty six.

Speaker 1 (27:13):
If you take a look at the eighth bitcoin chart
right now, because it had been declining significantly for quite
some time and now eth seems to have stabilized, what
do you make of this right now?

Speaker 2 (27:25):
Yeah, it's definitely stabilized. I need to look more at
this one here to get a better perception. We don't
have a bull trend right, so again I don't want
to Oh, this is a four hour chart. Excuse me.
Let me back out here towards the weekly chart. We
don't have a bull trend here either, right. I would say,
you're gonna feel really good once we clear about point
zero five seven, the highs we had back in June

(27:46):
of twenty twenty four. But you do have okay, you
do have a bull trend on smaller time frames. I
was looking at the four hour chart. We had this
nice correction here. Let me let me just see here
what our indicators are kind of saying. A weekly chart
not a bisignal yet, but very close that osc lator.
So we have some bullish divergence and it's slowly starting
to round over right there. Yeah, bullish divergence because of
that little low right in there. So bullish divergence arounding over.

(28:09):
We don't have a weekly by signal, but I'm going
to assume the daily chart is either triggering or yep,
there we go. We have a daily by signal, very
very good sign that would suggest to me we should
have a pot. We're already starting this rally, but we
should have a nice pop back up. I'm gonna put
this at the minimum here. When I get this indicator
pop up, I'm gonna look right here at this resistance
point zero three to five. That just for the daily chart.

(28:31):
If we break through that one and the weekly starts
to go bullish again. Weekly BI signals so far have
been very, very good at having explosive moves in the
rest of crypto space, while resistance at point zero four
wouldn't make sense. This is one that I think once
that weekly BI signal confirms, I do actually think this
one can start to make that major move up back
towards all time highs for ethover bitcoin.

Speaker 1 (28:54):
Dominance. This is one that's talked about a lot, Bitcoin
dominant starting to falter slight. How does that play into
the market.

Speaker 2 (29:03):
Well, I'll tell you this, Paul, you've been watching this
longer than me. Have you ever seen a sustained A
day or two is not a big deal. Have you
ever seen a sustained time period where bitcoin and bitcoin
domis both fell that all coins didn't do something dramatic.
I mean, all coin season happens, right, all coin seasons
where all coins go berserk and bitcoin corrects for a

(29:23):
short period of time is one place. But I was
showing my community the other day as well. If you
think we're in a bear market based off this chart,
I don't know what you're expecting to come next, because
bear markets start when it's extremely low. Bull markets start
when it gets extremely high. Right now, we have sustained
and confirmed on the weekly chart, a lower high confirming

(29:47):
a bear trend on the bitcoin dominas chart. And it's
just a weird world to think that we're gonna watch
a bear market happen and at the same time watch
bitcoin dominance continue to trend down towards the fifty. This
will happen during a bull trend, not during a bear trend.
So this is another there's a handful. I think I
have like eight or nine reasons right now that I'm
still excuting bullish. This is one of them. This is

(30:09):
still screaming at me. Bottom is inn close.

Speaker 1 (30:12):
Last token. Uh, let's go into Solana real quick, because
this is another one that I think a lot of
viewers on our channel and probably yours, are concerned about. Solana.
Nice little move here over the last day or two.
Where do you like?

Speaker 2 (30:24):
Well, this is one I think I actually said on
your show a couple of weeks ago. I had a
couple targets. It's funny, all three of them were hit.
I had a target here at one seventy one. We
had a short term bounce. I had a target down here,
didn't quite actually didn't say one forty six. I think
I said one fifty bounce close to one fifty. But
I told people, hey, be prepared that maybe Solana is
going to have a reason to drop down here towards

(30:46):
one thirty. Not only is that the golden pocket on
the fibonacci, this also was this large formation in play
that is called a rising wedge pattern. When you get
that breakout, it suggests one twenty seven ish one thirty
ish was a target to water. We officially now have
closed my lowest target there, and we're starting to get
the bi single screeping back in on these lower charts,

(31:07):
daily charts, extremely over sold. Here on the RSID, we're
starting to get a rounding over. We're gonna be a
little bit away from a weekly buy single, which will
give me extreme confidence. But you are starting to see
the four hour, the one hour the twelve hour, and
slowly but surely the day hour turn bullish. The day hour,
the daily chart turned bullish after hitting the major support again.

(31:29):
I think Solana it either bottomed out the other day
or it's extremely close.

Speaker 1 (31:35):
Yeah, the other day, being right there at one twenty nine,
I guess sixty, which is where we are right now
on the four hour. It's looking pretty good because we've
had just a slew of green candles. So listen, there's
a lot to watch right now, guys. There's a lot
of news gonna continue to hit. We're gonna keep this
one tight. We'll definitely bring Tam back on. We'll cover

(31:56):
some more in terms of all coin portfolios to maybe
look at for next year, how to deal within the year, strategies.
All that good stuff is going to be coming up soon.
Make sure and subscribe. If you haven't hit Tim's channel,
make sure and do that. Tim, thanks so much for
coming in.

Speaker 2 (32:10):
Absolutely thanks for having me.

Speaker 1 (32:11):
Paul, you bet are you guys know what to do?
Become a Diamond Circle member. It is the place where
you guys can get additional content from us. We always
leave a link down below. Catch me on x app.
Paul Baron We'll catch you next time, right here on
the Paul Baron Show.

Speaker 4 (32:26):
Thanks