November 7, 2025 • 35 mins
The global cryptocurrency market has lost significant ground after reaching a record high earlier this month, with traders pulling back amid fears of deeper losses. Could things turn around soon?
~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
00:08 Sponsor: BTCC
00:45 Tim Warren
01:19 Government Shutdown
03:30 Trump Tariff Rally?
04:08 Stock Market Tariff Pump
06:33 CNBC: Bitcoin Dead?
07:31 Bitcoin not over
08:54 JP Morgan Buys ETH
09:30 Ethereum $ETH
17:14 Solana $SOL
20:55 XRP
24:36 Avalanche AVAX
27:48 Altcoin Season?
32:15 Sui
34:36 outro
#Crypto #bitcoin #ethereum
~Ultimate Shakeout!🔥Crypto Technical Analysis🚀 @TimWarrenTrades ~
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~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
00:08 Sponsor: BTCC
00:45 Tim Warren
01:19 Government Shutdown
03:30 Trump Tariff Rally?
04:08 Stock Market Tariff Pump
06:33 CNBC: Bitcoin Dead?
07:31 Bitcoin not over
08:54 JP Morgan Buys ETH
09:30 Ethereum $ETH
17:14 Solana $SOL
20:55 XRP
24:36 Avalanche AVAX
27:48 Altcoin Season?
32:15 Sui
34:36 outro
#Crypto #bitcoin #ethereum
~Ultimate Shakeout!🔥Crypto 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
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
The ultimate shakeout could be on the doorstep right now. Today,
we'll break it down with you. We'll dive into some tokens,
do some charts. All that's going to be available. It's
going to be a good one. Don't miss it. I
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Speaker 2 (00:26):
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Speaker 2 (00:34):
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Speaker 1 (00:36):
We like it and it's whether you're long, inner, shorting.
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to play around in the market.
Speaker 2 (00:46):
Check it out BTCC.
Speaker 1 (00:47):
Let's go over to Tim Warren who's joining us in
today from Tim Warren.
Speaker 2 (00:51):
Of course you guys know him over on YouTube.
Speaker 1 (00:54):
Tim Warren Trades. There's this YouTube channel. Look at that
beautiful YouTube channel right there. You guys, make sure and
followed Tim right there, Tim, How are you today?
Speaker 2 (01:04):
Man?
Speaker 3 (01:05):
I was doing a private VIP group right before this,
and my long term portfolio still still not you know
where it was last month, but trading portfolio heavily in
the green right now, so loving it.
Speaker 4 (01:16):
You know, there's always going to make money.
Speaker 1 (01:17):
So yeah, listen, you gotta look at this right here.
US government shutdown so far. Look at this line list
right here. Forty two million facing snap interruptions, three and
a half million airfare disruptions.
Speaker 2 (01:31):
I was one of those.
Speaker 1 (01:31):
I got sidelined on the swell event because of an
air cancelation into New York. Yeah, seven hundred and fifty
one thousand employees furloughed, five thousand flights canceled, fifteen billion
in USGDP lost twenty three percent of federal employees set
to be furloughed. And now we have a big one
going into Thanksgiving holiday, which is reduction of flight capacity
(01:54):
forty airports.
Speaker 2 (01:55):
So that's a problem. Guys.
Speaker 1 (01:57):
This is getting out of hand. So my question is
do you think this is going to continue to press
suppress the market overall?
Speaker 3 (02:05):
At the end of the day, it doesn't really matter
what I think it is. It is suppressing the market.
The question is when does it all change. And I
do think there's I think there's a rebound that can happen,
like a rubber band effect when it opens back up.
And of course, I think by the time this video
is out and people are watching it, maybe the Senate
already has voted or they're about to vote. Yeah, they're
(02:26):
hopefully Lord willing they reopen it. I think there could
be a good rebound if they don't. I mean it's
pretty obvious. I think multiple officials have come out and
told us, if we don't get this government open, the
pain is not done yet for the market. So yeah,
I'm hopeful. Well I'm hopeful, and it's nothing to go
on to guarantee.
Speaker 1 (02:44):
Yeah, and you could end up in another little slice
down of course, right there, poly Market now jumping dramatically
that this could extend. So what does poly market know
coming off of this Senate meeting right now? Other things
I want to hit on right here, because this is
that's what you're talking about, which is the Senate considering
a revised plan to in the government. This is majority
(03:04):
of Leader John Thune who talked about this and he
basically said that we should.
Speaker 2 (03:09):
Expect to vote.
Speaker 1 (03:10):
This is hopefully as we record this and get it out,
it'll be done. Whether that is going to open it
up or at least get a leg up on maybe
a position that they can come together on and maybe
put something on the docket. If that occurs, then maybe
we could see a pretty quick turnaround. I want to
play a clip for you, because this is Ben Shapiro.
(03:32):
We don't play many of his clips, but he even
he was getting into the tariff ruling from the Supreme Court.
Speaker 2 (03:40):
Take a look.
Speaker 5 (03:41):
I do not believe that the court. I've said this
since literally day one, when President Trump announced libration. I
said that day this is illegal. The Supreme Court is
going to strike this down. He does not actually have
the constitutional authority to do this. If the court does
strike it down, watch the stock market absolutely explode. Seriously,
You'll watch the S and P five hundred jump. Nobody's
business and the President is then going to be in
(04:02):
the awkward position of having to explain why the markets
are boosted by the rejection of is going to go
through the roof.
Speaker 1 (04:08):
All right, So you saw that this is something we
talked about as well. Is that if tariff's the stroke
of tariffs get removed from the presidential powers in the
way that he's been doing it.
Speaker 2 (04:21):
This is going to be a big hit on the market.
What do you think.
Speaker 1 (04:24):
Do you think S and P or do you think
it flows into crypto in general?
Speaker 3 (04:28):
Well, I mean I could be wrong. I interpreted the
call he made there that it would be extremely bullish.
Did you interpret that a different direction?
Speaker 1 (04:34):
No, S and D or you think it's all going
to be on traditional just stocks?
Speaker 3 (04:40):
It's everything because it's it's going to be liquidity, it's
going to be lower inflation, it's going to be a
bullish thing for the economy. Here's the only problem. And
I'm sure Paul you know this, but for listeners out there,
two road bumps here. Number One, this is going to
take a long time to play out in the super Court.
We're not going to get this ruling and things all
(05:02):
of a sudden tomorrow flip and we're good. Number two,
Bestent and Trump, I think both have come out saying
that there's a plan B. They have the Supreme Court
word to shoot them down that would allow them to
keep running tariffs. What that plan be is I have
no idea, So I'm sitting here, Paul as someone who
says the Supreme Court she was down should be bullish.
(05:22):
But I'm afraid that there are some other things at hand,
both timeline wise and secret plans that Trump and bestnt
have that could make that bullishness moot. Now, I think
markets could pump for other reasons other than the tariff ruling.
But I want to be fair. In a world where
the tariffs are shut down, they're illegal and there is
(05:42):
nothing Trump or Bessent can do to fight.
Speaker 4 (05:44):
It, very bullish. I just don't see it playing out
that way.
Speaker 3 (05:47):
Well.
Speaker 1 (05:48):
I think the key is because remember, the President still
has a lot of powers in being able to restrict imports,
which is one of the biggest things. I think that
a lot of these countries. We talked about this on
the show yesterday, a lot of these countries are more
afraid of is the import restrictions rather than tariffs, because
that is something that is really being paid by the
(06:08):
American businesses. You turn that around and say, Okay, maybe
it's not on to be on American businesses, which is
restricting price, but we're just going to limit your imports.
Now you're limiting access to the market. Which he does
have presidential authority to do. That would change things up,
still give them the leverage to go out and make deals,
but it would do what you're talking about, which is
(06:29):
pump the stock market, because that's going to position the
American consumer in a much better light. All right, So, Tim,
I want you to take a look at a clip here.
This one is of Kathy Would. We played it yesterday,
but the point was, well, it was a response to
the one that came out yesterday, which is where Kathy
Wood was downgrading. And then Kernin on CNBC actually responded
to that because this is where it gets a little
(06:51):
interesting around bitcoint Take.
Speaker 6 (06:53):
A look price target of one point five million, you
can cut three hundred thousand off the whole thing, it
seems so.
Speaker 4 (06:59):
I don't know why we we really ran it there.
Speaker 6 (07:01):
But the point she was making I thought was interesting,
and that is that maybe the something for cross border
transactions and instantaneous payment that could be stated. She's basically
saying stable coin could take a lot of that of.
Speaker 4 (07:14):
That market shop. I would further, I think it's already
taking that, right. I think that's kind of her point.
Speaker 6 (07:18):
So Bitcoin's never going to be anything other than a
digital goal. I mean, you've got institutional buyers, you've got governments,
you've got sovereigns, you've got people buying. If it went
to zero, that would be a yeah, that'd be a
real issue, would it not.
Speaker 1 (07:34):
Well, Kurna just said Bitcoin going to zero would be
a real Yeah, that would be a real issue, kind.
Speaker 4 (07:41):
Of an issue.
Speaker 2 (07:41):
Yeah, yeah, yeah, that would be a real issue. Joe,
all right.
Speaker 1 (07:44):
So but you know, Anthony, to his credit, he didn't
back away from that question. He said, yeah, stable coins
are are clearly the winner here when you look at
the global adoption and use case. But that's not necessarily
pulling away from bitcoin as a whole. What's your opinion
right now, what's your opinion right now why Bitcoin is
responding so erratically?
Speaker 3 (08:05):
As far as why bitcoins are re spawning erratically, You
have a couple of different things that will play too
that one. But as far as this whole situation with
stable coins and bitcoin and what the future looks like
there if you came into today or you came in
and watched that videos, thinking somewhere out there that someday
you would be buying your groceries in bitcoin and Satoshi's
(08:29):
that's that's not been a thing for a long time.
Bitcoin is digital gold. So to say that stable coins
would send bitcoin to zero would be like saying the
US dollar would send gold to zero. It's actually the
opposite gold. Watch it against inflation.
Speaker 1 (08:46):
Yeah, this is why you watch our shows, okay, because
when CNBC says something like that, what are these guys thinking?
Did they not understand the metrics here of how this works? Yeah,
let's get it. Okay, Well, speaking of ethereum, JP Morgan
just said, hey, well, we're going to buy a little theorem.
But we did it in the way of buying some
shares to bitmind, which is Tom Lee's usual last at
Treasury worth one hundred and two million, not a lot,
(09:07):
but enough for JP Morgan to jump in on this.
Speaker 2 (09:10):
But that is the largest.
Speaker 1 (09:11):
Bank in America now owning a stake in a DAT
so that's got to be bullish for this may have
been just a nod to Tom Lee, you know, because
of course Tom has been out there shouting to the
to the hills we're going to see a seven thousand
dollars eighth by end of year. What's your opinion? And
give me the chart on eight. Where are we end
of year?
Speaker 4 (09:29):
Ooh, end of year? You know, I don't know.
Speaker 3 (09:32):
Let's just before I tell you that, like, let's get
to a level where we start getting bullish again.
Speaker 4 (09:36):
Something I can confess to.
Speaker 3 (09:37):
Mykenati Paul, you know me, and people watch just know me,
and some people arenn laugh as I say this. You
guys know that I'm the guy who said that at
the end of this bullmarket that I thought would end
in twentywy six, that we could see things like chain
Link at four hundred dollars per coin. I said we
could see Ethereum up closer to fifteen thousand bitcoinner B,
well over two hundred. While I still believe all of
(09:57):
those price predictions are doable long term in the future,
the thing that I've gotten wrong the most, Paul, and
I've kind of backed off on with my community is
I'm gonna stop trying to predict timelines because we try
to look at the next two or three months, and
they keep pushing deadlines back on us. We are supposed
to have regulation back earlier this year. We were supposed
to have rate cuts earlier this year. We were supposed
(10:20):
to have liquidity coming back in earlier this year, and
they just keep pushing it away and away in a way.
So right now, when I hear things like Tom Lee
saying two hundred thousand dollars bitcoin and seven thousand dollars
theory and by end of year, I'm just sitting here
saying I believe bitcoin will get to two hundred thousand
ethereum to seven thousand at some point, but at this rate,
end of year just does not seem likely unless something
(10:41):
dramatic happens in the next couple of days or next
week or two. So while I'm not gonna be able
to pinpoint Paul for you a end of year projection,
because we got to get bullsh again before that happens,
what I can do is tell people where I'm looking
at lower levels where if the bottom's not in and
I'm not fully convinced yet the bottom's in, where lower
levels of interest are still sitting, and then I can
(11:03):
look at some levels up above that are very interesting
for when we do pop back up. So you guys
can see, we were holding up pretty well here until
the other day November two. We were staying above this
trend of support and below this resistance of a falling channel.
But then on the second the third, we lost that
support closed several candles below. This is one of those
(11:25):
things right now, let me go to the daily chart here.
This is one of those things that the first thing
we got to do is reclaim this support level here
at thirty five hundred dollars. I know we're thirty four
almost right now, but we got to get back up
there just to even start having a conversation about, well,
what happens if we go more bullets?
Speaker 4 (11:41):
Right?
Speaker 3 (11:42):
Today's a great day. However, when you zoom out, I
tell people this all the time as well. If I
look at the five minute chart right now with you, Paul,
that's a great looking chart. Oh the bull market that
must be back on right well, that's the five minute chart.
That's about that helps me for about the next two
hours at most. When I look at the daily chart
or the four hours, we're still in a downtrend. And
(12:02):
I'll tell you this right now, I'll look at like
the eight hour chart, and here you're absolutely right now
in danger on ethereum if we don't sustain a bigger
rally here and it's not here yet, take a look
at this little support and I'm gonna just draw this
quickly little support, little resistance kind of in play attached
to an explosive move here, this would become a bare
flag pattern that could send ETH back down below three
(12:25):
thousand dollars in the next little bit. At one point
I talked about us breaking out of this formation going
all the way up to eight thousand. Let's put a
pin in that, right. I still think someday eight thousand happens.
But clearly the markets decided, Nope, we're not gonna break bullishly,
which we normally do seventy to eighty percent of times
out of this formation. We're gonna break to the downside.
And because of that, you've got to start asking question
(12:45):
when is the bottom going to be in how will
it look? And at this point until I start to
see some by signals coming in on the daily which,
by the way, it's close, there's some suggestions saying that
maybe a bottom could be close in the daily art
or even better yet, the weekly chart, which we have
not gotten anywhere close to yet. Until that happens, you've
(13:06):
got to stay a little bit hesitant. Here's the good news, though,
you see that weekly chart, smart show, this is something
we had a cell signal back here in September.
Speaker 4 (13:14):
I should have I should have been smarter than I was.
Speaker 3 (13:17):
I'm not even a lot of people and say, oh,
I played this perfectly. No, I thought there was a
chance we'd ignore it. Hindsight twenty twenty should have taken
a short why, because I would have told you that
smart show right here at three thousand and eighty three
was something to keep an eye on. And sure enough,
guess where we went this week right down to that level.
What I think is realistic right now is actually to
(13:38):
kind of stay in that range. I think it's doable
to come back down here at thirty one, thirty two hundred.
I think it's doable to come back down there three thousand.
I think twenty six hundred. You got to look at
the order block down there and say, hey, that's a possibility.
But to me, I would tell people, do not be
surprised to make at least another visit as bitcoin go
sub one hundred k, if it goes seven hundred K
to back down here closer to three thousand, if not
(14:00):
a slight wig down below. Now after that happens, once
all these by signals come back in, now we can
start to talk about where's the next potential move after
a new all time high. Right short term, you could
just easily say, all right, look at the liquidations and
let's look at pockets at forty two hundred and forty
nine almost five thousand, that we'll see a lot of
whales gobble up. But if you're going to predict a
(14:23):
bullet structure, I think one of the best things you
can do is just say, let's take a look at
Fibonacci retrace or extension right here, and let's pretend we're
close to the bottom. Is somewhere here on three thousand dollars.
I would have my eyes squared eyes positioned in two
different places. Number One, conservatively, after we hit new all
time highs fifty six hundred, almost fifty seven hundred dollars,
(14:43):
this is the one point twenty seven to two range
for Fibonacci extension. The next one up here, this would
be kind of where Tom Lee is getting his almost
seven thousand dollars prediction right there. Golden pocket extension is
coming in at sixty eight hundred, So that's where I'm looking.
After I'm buying these low level I'm looking at those
and say, hey, I could see this being a great
(15:03):
spot to take profit because the markets start to get
over bought again. But does that happen by December thirty
first of twenty twenty five. I'm not guaranteeing that whatsoever.
Does it happen sometimes Q one? Yes, I think sometimes
in Q one it should happen, But I'm hesitant to
say that, because again, what if they just put all
the things down the line?
Speaker 1 (15:23):
Yeah, well, it's in the macro environment. Is what you're
referring to is just the continued, you know, delays that
we've seen obviously, the Clarity Act, the government shut down,
what we'll see maybe coming out of the FED in December,
all this playing into it. Now you've got tariffs on
the line with Trump, which could get things a little crazy.
And then let's not forget guys, once we go into
twenty twenty six, the political scene is going to heat
(15:47):
up in a big way, which will cause a little
bit of turmoil, maybe not too much, but a little
bit of turmoil. But I do like your analysis is
to extend these out into longer thinking, which is really
I think your channel and our channel both go that
direction of we're not a day trade channel. We're here
to give you macro look forward. This is an investment
class now treated like that, and look at long term
(16:09):
holding and positioning, and you know there's going to be
one of the losses. You know that you're going to
deal with.
Speaker 4 (16:16):
I'll tell you this because we do a lot of trading.
Speaker 3 (16:18):
Again, like I think I said early in the video,
my long term portfolio is down right now, but my
training portfolios up. But what we're watching unfold right now
is turning me. I will continue to talk macro, I
will continue to talk long, big term picture. But I've
told my community now, like hey, from here and out,
I'm not ignoring weekly sell signals on almost any asset.
I'm not ignoring weekly buy singles. I'm going to become
(16:40):
pretty you know, swing trading, day trading focus. We're going
to be aggressive taking profits here and out where that's
what institutions do.
Speaker 2 (16:47):
Yeah, where are we're buying eth? Yeah? Where are we
going to buy eth? Then you're thinking I'm going right.
Speaker 3 (16:52):
There, just just north of three thousand. Now I bought
some there as already, I would buy more. I have
a buyo to right now at thirty one hundred. Just
because I never like to pick the exact bottom. I
like safety, I have another bioer and a theory right
now at thirty one. Part of me hopes it doesn't
get triggered. I would I would love for us to
rip to the upside right now. I'm just not convinced
it's happening yet, so I'm making some preparations just in case.
Speaker 1 (17:15):
Let's talk about Solana, because obviously they got a break
point coming up here in December. Usually December becomes a
big draw point for a lot of projects, a lot
of announcements. What happens when you look at Solana where
it is right now, because it has really pulled off
of its two hundred dollars mark over the last couple
of weeks. Where do you think Solana is heading from here?
Speaker 3 (17:37):
Let's start off with some other news. And you probably
have mentioned this on your show, because again you cover
all this stuff in depth, but I haven't got to talk.
Speaker 4 (17:43):
With you about it.
Speaker 3 (17:45):
That Solana etf inflows last couple of days. Well, we
just put this out over our ex Bitcoin's been outflows
a theory and been outflowed. But I can't remember the
exact number of days because it's actually my business partner posted.
But how many days in a row has Solana ETF's
been positive. The the price isn't necessarily, you know, skyrocking back up,
but there's a there's a sleeping major bullish move coming
(18:07):
for Solana with these ETF inflows. I'm curious when it happens.
But as far as what the charts are saying, you know,
there is a little bit of volume coming in on
this bottom position right here. Again, there's there's kind of
this stuff where I'm telling my community, we definitely have
hope the bottom is in. We're not guaranteeing the bottoms in.
I'm not even gonna give you a fifty to fifty
the bottom is in. I would probably say I'm sixty
(18:29):
percent leaning towards the bottom is not in. Forty percent
it is in. But you will start to see we
haven't gotten a bisgnal yet on the daily chart, but
we look kind of close. We do look kind of close.
We've hit the major targets we have from cell signals
that we had weeks ago, right so, we had this
cell signal right here in October, we had this cell
scenal back in here. We've hit all these ones. I
think even the weekly chart here for Solana, we make
(18:51):
sure this loads and tells me correctly.
Speaker 4 (18:53):
But no, a little bit lower.
Speaker 3 (18:54):
Okay, So the weekly chart on Solona does suggest one
forty one. It is something to keep an eye on
if we do. If we do make it one more
move to downside. Let's keep looking here at some other
things that I see of interest. So that's the hope
we have for Solana. This is something that we prepared
our community for. We took profit. This is one of
the few coins I actually did take profit all even
(19:15):
even though we didn't have weekly selles signals. Yet I
took profit up here because of this formation on Solana.
Doesn't mean I think long term is.
Speaker 4 (19:22):
Not going to make it.
Speaker 3 (19:23):
I just saw this rising trend and I said, hey,
there's a chance that this ends up kind of pulling
back on us. And while we have been pulling back nicely,
the truth is this says that we could go as
low as one twenty seven. So I'll tell you this,
while I don't think necessarily the bottom is in, Do
I think there's a sixty percent chance of hitting one
twenty seven? Not necessarily a lot of times these formations
(19:45):
don't fully play out.
Speaker 4 (19:46):
But when I look at.
Speaker 3 (19:47):
Things like the weekly cell signal, and I look at
that weekly target when I look at things like Fibonacci
or tracement from this period and know that golden pocket
moves are not ridiculous. We've already hit the point five,
which again is part of the hope here. But golden
Pocket move here one thirty eight ish right below one
forty one on that target, that to me just seems
(20:10):
especially knowing that bitcoin probably needs one more laid down
as well into the mid nineties.
Speaker 4 (20:15):
At least, that.
Speaker 3 (20:17):
Tells me I'm a Salona buying zone. One five is
just to make sure you're in. But could it go
as low as one twenty seven? There's order blocks and
a target from the rising channel there that suggests that's doable.
Speaker 1 (20:30):
Yeah, we saw some of the liquidation events that kind
of mirrored that because so there were some opportunities here.
I think to your point is the fact that we're
seeing so much action out of b soul and not
seeing it really reflect on the charts.
Speaker 2 (20:44):
The difference though, is there's a lot.
Speaker 1 (20:46):
Of bitcoin ETFs that are out there generating inflow. There's
a lot of ETFs out there generating inflow. We haven't
seen a multitude of Solana ETFs only a handful, so
that in itself. One thing that I am watching is
the multitude of XRP ETFs that are looming. And we've
got Bitwise and Canary on an absolute race right now,
(21:08):
which looks like they are going to launch next week. Yeah,
we're gonna see possibly two, maybe three ETFs coming live
for XRP, all at the same time. What are your
thoughts on XARP?
Speaker 2 (21:20):
What does this do?
Speaker 1 (21:21):
After all this bullish news coming out of swell Brad
Garlinghouse kind of putting a steak in the ground saying
Ledger is here an XRP is the center of everything.
Speaker 2 (21:31):
What do you think?
Speaker 3 (21:33):
I'm still bullish and XRP it is not one of
the coins though I'm adding to on this dip. I'm
gonna keep my current bag of it, but I'm not
gonna add to it like I'm gonna add Etherorium, and
I'm gonna add Salon, and I'm gonna add SHANELEYK and
Avax and onto in a couple others there. But XRP
is not what I'm necessarily going to be adding to.
I have a good amount of it already here. Here's
I think the ets could coincide and be bullish. But
(21:55):
let's be very clear, ETFs themselves are not automatic bullish situations.
There are another avenue to acquire said asset. But as
we know, Bitcoin's ETF launch massively bullish. What about ethereum?
Ethereum spent how many months after the ETF trending downward? Now, Solana,
(22:16):
it seems to be semi good. I mean, actually the
priceless long is not doing well. We are seeing inflows.
Xrp's bullishness will not come from ETS being launched. So
anyone who's saying, oh at ETS launched next week, this
has to be super bullish. No, it doesn't have to
be super bullish. What will be bullish is do people
want to buy XRP. Do they have the fundamentals in
place that are exciting people to go back in? Do
(22:37):
the charts suggest it's over sold and once again ready
for a rally. That's gonna be the biggest indication the
XRP is ready. And what I'm looking at right now
is a chart similar to others when it comes to XARP,
and we'll kind of go over here and take a look.
I think this is one that hope is there. We've
hit some targets to the downside. I don't think you
have too too much terribly down lower to go when
(22:59):
it comes with XP. But they did lose some momentum
with the recent chain Link announcements of all their relationships
with banks. What was it the the that's the bit what?
Speaking of Solana, the deal with Western Union that had
been working and evaluating and thinking through XRP for a
long time and then last second says no, we're gonna
(23:20):
build our stuff on Solana. That didn't sit well for
XRP enthusiasts. There was a big question mark as to
why that is. But right now I think XRP can
still remain bullish and we're seeing some hopeful bottom positions.
But don't think the ets themselves or what's gonna pump.
It'll pump because people want to buy because they believe
in it long term, not just ETFs.
Speaker 1 (23:40):
Yeah, wait and see, we'll we'll find out in the
first thirty days and we'll know if XRP is up.
If you're looking at the four hour it's just bounced
pretty significantly.
Speaker 2 (23:49):
Why is that?
Speaker 4 (23:50):
I think what's going on?
Speaker 3 (23:51):
I mean, everything in the last four hours has bounced
significantly yeah, yeah, and that kind of right there even
backs up my point. Like x raper now is up
five percent, you have unis up, towel t percent, onto
the fifteen percent, Al goes up seventeen percent, Injective twenty
one percent, top ten, don't I'm not a doot fan.
Dot's up twenty four percent right now.
Speaker 4 (24:12):
That kind of backs up.
Speaker 3 (24:13):
My point though, is that I'm not saying that XRP
is going to crash necessarily. I think the ETFs are
not going to be the deciding factor of what XRP
price does. If the markets decide to pull back in crypto,
I think XRP joins them despite an ETF launching. If
the markets decide no, it's crypto is exciting, let's go
and pump. I think XRP will pump. The charts aren't
(24:34):
a good spot for that, So that's kind of where
I'm sitting.
Speaker 1 (24:37):
Let's talk about Avalanche transactions. On Avalanche all once sur
past eight billion this year, things just absolutely on fire.
But at the same we also have permanent capital vehicle
in terms of the ecosystem. AVAT now can deploy capital
directly into projects, So this is going to build sustainability
long term. So there are some big advantages here that
(24:58):
are happening with with Avalanche, Treasury companies. What do you
think about Avalanche now, because it has not been acting
well on the charts, and we've seen it, of course
come back down considerably.
Speaker 2 (25:11):
What about now?
Speaker 3 (25:12):
There aren't a lot of cryptocurrencies performing well on the charts.
Here's I'll make the argument that I actually think avax
is performing quite well on the charts, all things considered.
When you go back here to Low's we had in
June and then April of this year, it's pretty much
in line with that.
Speaker 5 (25:28):
Right.
Speaker 3 (25:29):
This is the Binance chart, so not every chart's gonna
have this Bindance had a wick all the way down
to eight dollars and ninety cents. But of course that's
old news as to why that is. Don't pay attention
to that wick. Pay attention to where it's found support.
I mean, let's just look at some of the other
constituents here, Solana back down here below levels from August.
I guess you can make the argument so a lot
of actually had a good one. So that's a bad example.
Shamelink has had some bad news there. XRP has come
(25:52):
back down below I feel like Avax is held up
kind of well here all things considered, Yes, it's down
what is this percentage? Yes, it's down fifty seven percent.
So that's where I guess people are gonna really be
upset with it.
Speaker 1 (26:06):
It's just I love for you to for you to
just say, yes, it's down fifty seven percent.
Speaker 4 (26:11):
Yeah, you know, it's funny.
Speaker 3 (26:13):
I had I was having that cop let me go
off this screen for sent I was having that conversation
with my brother earlier this morning where I was saying, like,
it is kind of funny how in the stock world,
like you say, down fifty seven percent, that people are
pulling their hair out and they're they're distraught. Yeah, in crypto,
it's like, oh, rolling down fifty seven percent, that's kind
of cool.
Speaker 4 (26:33):
Yeah, just cool.
Speaker 3 (26:34):
The fact that we're holding that support that we've seen,
I think that's a good I think that's a good
thing overall for Avax for where it is. It's holding
that longer term support here as well. I see this
still being fundamentally extremely strong project. I guess I want
to make sure I'm clear here. I'm not saying that
this chart is great. What I'm saying is I think
(26:56):
anyone's gonna tell you this is absolutely horrible, I would
tell you no. I think it can came back down
to retest some support levels. That has a backup theory
that Wales love to bring things back so they can
buy cheap. This is one I'll be honest with you, Paul.
I don't think we go too much lower. If we
go any lower, thirteen thirty as about as low as
I see AVAX going. I think with this momentum is
going to keep this support strong and held. I'm still
(27:19):
bullsh on this long term. Yeah, we fell short in
breaking out a major breakout. We could have gotten back
up of forty dollars here and really started to make
things interesting. But with this being one of the few
coins that now has treasury companies coming in with it,
it's development on both the AI space the real world
asset space, being a layer one solution for all that
as well. I still am a big believer in AVAX.
(27:40):
It's one of the coins. Like I said, I'm not
going to be buying every single coin in my portfolio
to add to it. At these low levels, Avax is
one of the ones I'm looking at right now.
Speaker 1 (27:49):
If you look at the bitcoin volatility, because that makes
you think, well, is there an all coin season brewing?
You know that's volatility right there? Guys are dominance right
now coming off what was a high right there at
what sixty one point three? Holding it now under sixty.
You mentioned this at the top of the show. What
does this mean to you, Tim?
Speaker 3 (28:10):
It's a good sign. It's a good sign for all
coin holders. I put a tweet out this morning that said, listen, bitcoin,
this is when bitcoin was blow one hundred k. So
this is funny. This morning bitcoin goes blow one hundred k.
Now it's sitting at one hundred and two six hundred.
But this morning, when I put this tweet out, I said, okay,
bitcoin blow one hundred k. However, gold is still blow
four thousand. Gold is above four thousand right now if
(28:31):
we're speaking, But it was blow four thousand this morning.
USDT dominance is showing some topping out signals, meaning we're
not officially getting cells, but we're hitting resistance. We're seeing
overbought prices on several time frames. And then you watch
Bitcoin dominance, which this morning when I put the tweet out,
it was only down to sixty point three. Now we're
(28:52):
looking at fifty nine point seven on Bitcoin dominance, there
is a support level we could be bouncing off of.
I can show my chart here in a second, and
I'm going to evaluate this because actually I haven't evaluated
where we would be at this point just yet. But
there was a trend that we were in for a
long time. October tenth messed it up, and then here
the other day we shot up, and I thought, Okay,
here we go. This could get really gross, really fast
(29:15):
for all coins. We've eliminated all of those gains of
bitcoin dominance. We're sitting down here back to support. I'm curious.
I mean, that's a good sign right here on the
daily chart. That is not something that's screaming at me.
We're about to bottom out. That looks like something that
wants to keep ongoing. If I look at the weekly chart, now,
the weekly chart hasn't turned on us yet, but you
(29:35):
do see a slowing down on the RSI. You see
it slowing down and rounding over again. You see it
a little bit on this indicator that we have here.
But we're not over sold just yet. As we are
approaching support, so I don't want to say anything too fast.
And then people get their hopes up and things are bad.
But we've had some fake outs to the upside, we've
(29:56):
not had a figure out to the downside. I'd be curious,
very curious to see what would happen if we can
close a couple four hour candles. Heck, let's get a
couple daily candles to open and close below this green
trend line. I'm very curious what that means. Some people
will know we're in a downtrend on bitcoin dominance. I
(30:17):
still believe that all coin seasons are gonna be different
than they've been in the past, but similar in the
sense that all coins will outpace Bitcoin, but would be
very interesting as well. I've never seen a prolonged period
of time, Paul. I don't know about you. You might
be have been in crypto longer than I have. I've
never seen a prolonged period of time with bitcoin dominance
is collapsing, but the markets aren't going up right. Bitcoin
(30:40):
could collapse, but I've never seen bitcoin dominance collapse and
all coins also be falling. Well, I've said a lot
in the show. I'll give it, I'll goot caveot here.
I've said a lot on the show that I think
all coins could drop lower, and I'm not saying they
won't if we lose that green support level. I just
show you if we drop closer towards let's give you
a number fifty nine five and below, there's a small
(31:02):
chance that maybe Bitcoin's bottom still isn't end, but maybe
all coin bottom is confirmed.
Speaker 4 (31:07):
With the gundames plumbing like that.
Speaker 1 (31:09):
Well, and you've got almost everything in the chart. I
was just looking at near protocol, which was just to
show one of the high flyers, which is setting it
dots at twenty four. Like you mentioned, hear was over
thirty percent. I mean, that's the near chart right there,
thirty percent up waking up to almost three dollars here.
So you know, I look at it this way, is
that there's been so much suppression on the crypto markets
(31:32):
over the last sixty to ninety days because of what's
happening with the government shutdown, obviously, what's going on with
the FED, what we're seeing in the tariff translation into inflation,
the jobs numbers, which prior to actually getting data was
already spiraling out of control, and I think we're now
starting to see that play out in some of the
retail markets. The restaurant industry is getting torched on this
(31:55):
because of that. So I think maybe you're right. We
could be nearing the bottom is in. I think Matt
Hogan said this the other day he thought the bottom
was very close.
Speaker 2 (32:05):
Maybe Tom Lee is right.
Speaker 3 (32:06):
I think the bottom is either in or close. I'm
still leaning towards it close instead of in, but I'll
when out there watching, I hope I'm wrong.
Speaker 1 (32:16):
Well, let's talk about Sweet real quick. Sweet consensus and
their engine leveled up. Basically, they've been an upgrade. So
this is a new integrated validation and it's up the
lower latency thirty five percent. So this is good for
the Sweet ecosystem in general. If you look at Sweet
right now, this has been one of those tokens also
(32:36):
has taken it on the channel a little bit. Where
is Swee today? And how do you feel about this one?
Speaker 4 (32:43):
Yeah?
Speaker 3 (32:43):
Sweet obviously, just like everything else, is getting a nice
little bounce here. This was one of the coins I
was thinking of, like these coins that have been downtrending
for the last couple of months on like Avax, which
is more sideways. Five minute chart looks glorious, right, This
is just a beautiful looking bullish chart. It's when you
zoom out again. I was just in the daily chart.
It's not anything to rejoice about just yet though, right
(33:04):
we just plunge so heavily since the end of October.
This is more like a rebound bounce right now. Good news, though,
very good news as you're getting this type of move.
We don't have positive money flow on the daily chart
just yet from the oscillator, but we do have a
plethora of reversals, and today this has got to close
this way. But a green dot coming in is a
(33:26):
very good sign. I'm curious. Let me transition here. This
is where it gets interesting. The twelve hour. It does
look like the twelve hour that money flows going bullish.
We have a twelve hour bisgnal on our hands. What
that could mean to its full fruition. Now, sometimes in
a down trend, the bi signals don't hit their biggest target.
But that would give me at least a move back
up here towards two thirty three, this quarter block around
(33:49):
two thirty nine. If we can transition this into a
full blown daily we're talking about two sixty two. Here's
the problem. When you zoom out, two sixty two is
still not breaking the long term structure. This is one
that again we were in a falling channel. This should
have been bullish.
Speaker 4 (34:06):
To the upside. We lost it.
Speaker 3 (34:08):
We were tested the former resistance as sorry, former support
as resistance right here on October twelfth. I gotta get
back up here above this greenland. I gotta break that
green line of trending resistance now and make a move
to the upside to feel confident. So, while I think
there's some trading opportunities still ahead of us to move
to the upside, I'm just still gonna be cautious and
(34:30):
saying the bottom is in because the best buy singles
right now still have very limited upside targets.
Speaker 2 (34:37):
Yeah.
Speaker 1 (34:37):
Well, listen, guys, we're going to be tracking this very
closely because obviously the government shutdown is on the verge
of some at least some news as we move into
the weekend. I think the key here will be next
week for obvious reasons. The real thing I think that
is going to play into this obviously also is going
to be Clarity Act, which I think will be absolutely huge.
Speaker 2 (34:58):
For the market.
Speaker 1 (35:00):
So there's still a lot of very good catalysts going
forward here. Tim, Yeah, thanks for coming in today.
Speaker 2 (35:05):
Man. We appreciate it absolutely.
Speaker 4 (35:08):
Thanks for having me, Paul.
Speaker 2 (35:09):
You bet all right.
Speaker 1 (35:09):
You guys know what to do. Make sure enjoin the
Diamond Circle. It's our own ultimate group which you can
join for free and we always leave a link down below.
Hit me out there on ex apt Paul Baron. We'll
catch you next time right here on the Paul Baron Show.
Speaker 2 (35:22):
Take care,
The ultimate shakeout could be on the doorstep right now. Today,
we'll break it down with you. We'll dive into some tokens,
do some charts. All that's going to be available. It's
going to be a good one. Don't miss it. I
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Speaker 2 (00:46):
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Speaker 1 (00:47):
Let's go over to Tim Warren who's joining us in
today from Tim Warren.
Speaker 2 (00:51):
Of course you guys know him over on YouTube.
Speaker 1 (00:54):
Tim Warren Trades. There's this YouTube channel. Look at that
beautiful YouTube channel right there. You guys, make sure and
followed Tim right there, Tim, How are you today?
Speaker 2 (01:04):
Man?
Speaker 3 (01:05):
I was doing a private VIP group right before this,
and my long term portfolio still still not you know
where it was last month, but trading portfolio heavily in
the green right now, so loving it.
Speaker 4 (01:16):
You know, there's always going to make money.
Speaker 1 (01:17):
So yeah, listen, you gotta look at this right here.
US government shutdown so far. Look at this line list
right here. Forty two million facing snap interruptions, three and
a half million airfare disruptions.
Speaker 2 (01:31):
I was one of those.
Speaker 1 (01:31):
I got sidelined on the swell event because of an
air cancelation into New York. Yeah, seven hundred and fifty
one thousand employees furloughed, five thousand flights canceled, fifteen billion
in USGDP lost twenty three percent of federal employees set
to be furloughed. And now we have a big one
going into Thanksgiving holiday, which is reduction of flight capacity
(01:54):
forty airports.
Speaker 2 (01:55):
So that's a problem. Guys.
Speaker 1 (01:57):
This is getting out of hand. So my question is
do you think this is going to continue to press
suppress the market overall?
Speaker 3 (02:05):
At the end of the day, it doesn't really matter
what I think it is. It is suppressing the market.
The question is when does it all change. And I
do think there's I think there's a rebound that can happen,
like a rubber band effect when it opens back up.
And of course, I think by the time this video
is out and people are watching it, maybe the Senate
already has voted or they're about to vote. Yeah, they're
(02:26):
hopefully Lord willing they reopen it. I think there could
be a good rebound if they don't. I mean it's
pretty obvious. I think multiple officials have come out and
told us, if we don't get this government open, the
pain is not done yet for the market. So yeah,
I'm hopeful. Well I'm hopeful, and it's nothing to go
on to guarantee.
Speaker 1 (02:44):
Yeah, and you could end up in another little slice
down of course, right there, poly Market now jumping dramatically
that this could extend. So what does poly market know
coming off of this Senate meeting right now? Other things
I want to hit on right here, because this is
that's what you're talking about, which is the Senate considering
a revised plan to in the government. This is majority
(03:04):
of Leader John Thune who talked about this and he
basically said that we should.
Speaker 2 (03:09):
Expect to vote.
Speaker 1 (03:10):
This is hopefully as we record this and get it out,
it'll be done. Whether that is going to open it
up or at least get a leg up on maybe
a position that they can come together on and maybe
put something on the docket. If that occurs, then maybe
we could see a pretty quick turnaround. I want to
play a clip for you, because this is Ben Shapiro.
(03:32):
We don't play many of his clips, but he even
he was getting into the tariff ruling from the Supreme Court.
Speaker 2 (03:40):
Take a look.
Speaker 5 (03:41):
I do not believe that the court. I've said this
since literally day one, when President Trump announced libration. I
said that day this is illegal. The Supreme Court is
going to strike this down. He does not actually have
the constitutional authority to do this. If the court does
strike it down, watch the stock market absolutely explode. Seriously,
You'll watch the S and P five hundred jump. Nobody's
business and the President is then going to be in
(04:02):
the awkward position of having to explain why the markets
are boosted by the rejection of is going to go
through the roof.
Speaker 1 (04:08):
All right, So you saw that this is something we
talked about as well. Is that if tariff's the stroke
of tariffs get removed from the presidential powers in the
way that he's been doing it.
Speaker 2 (04:21):
This is going to be a big hit on the market.
What do you think.
Speaker 1 (04:24):
Do you think S and P or do you think
it flows into crypto in general?
Speaker 3 (04:28):
Well, I mean I could be wrong. I interpreted the
call he made there that it would be extremely bullish.
Did you interpret that a different direction?
Speaker 1 (04:34):
No, S and D or you think it's all going
to be on traditional just stocks?
Speaker 3 (04:40):
It's everything because it's it's going to be liquidity, it's
going to be lower inflation, it's going to be a
bullish thing for the economy. Here's the only problem. And
I'm sure Paul you know this, but for listeners out there,
two road bumps here. Number One, this is going to
take a long time to play out in the super Court.
We're not going to get this ruling and things all
(05:02):
of a sudden tomorrow flip and we're good. Number two,
Bestent and Trump, I think both have come out saying
that there's a plan B. They have the Supreme Court
word to shoot them down that would allow them to
keep running tariffs. What that plan be is I have
no idea, So I'm sitting here, Paul as someone who
says the Supreme Court she was down should be bullish.
(05:22):
But I'm afraid that there are some other things at hand,
both timeline wise and secret plans that Trump and bestnt
have that could make that bullishness moot. Now, I think
markets could pump for other reasons other than the tariff ruling.
But I want to be fair. In a world where
the tariffs are shut down, they're illegal and there is
(05:42):
nothing Trump or Bessent can do to fight.
Speaker 4 (05:44):
It, very bullish. I just don't see it playing out
that way.
Speaker 3 (05:47):
Well.
Speaker 1 (05:48):
I think the key is because remember, the President still
has a lot of powers in being able to restrict imports,
which is one of the biggest things. I think that
a lot of these countries. We talked about this on
the show yesterday, a lot of these countries are more
afraid of is the import restrictions rather than tariffs, because
that is something that is really being paid by the
(06:08):
American businesses. You turn that around and say, Okay, maybe
it's not on to be on American businesses, which is
restricting price, but we're just going to limit your imports.
Now you're limiting access to the market. Which he does
have presidential authority to do. That would change things up,
still give them the leverage to go out and make deals,
but it would do what you're talking about, which is
(06:29):
pump the stock market, because that's going to position the
American consumer in a much better light. All right, So, Tim,
I want you to take a look at a clip here.
This one is of Kathy Would. We played it yesterday,
but the point was, well, it was a response to
the one that came out yesterday, which is where Kathy
Wood was downgrading. And then Kernin on CNBC actually responded
to that because this is where it gets a little
(06:51):
interesting around bitcoint Take.
Speaker 6 (06:53):
A look price target of one point five million, you
can cut three hundred thousand off the whole thing, it
seems so.
Speaker 4 (06:59):
I don't know why we we really ran it there.
Speaker 6 (07:01):
But the point she was making I thought was interesting,
and that is that maybe the something for cross border
transactions and instantaneous payment that could be stated. She's basically
saying stable coin could take a lot of that of.
Speaker 4 (07:14):
That market shop. I would further, I think it's already
taking that, right. I think that's kind of her point.
Speaker 6 (07:18):
So Bitcoin's never going to be anything other than a
digital goal. I mean, you've got institutional buyers, you've got governments,
you've got sovereigns, you've got people buying. If it went
to zero, that would be a yeah, that'd be a
real issue, would it not.
Speaker 1 (07:34):
Well, Kurna just said Bitcoin going to zero would be
a real Yeah, that would be a real issue, kind.
Speaker 4 (07:41):
Of an issue.
Speaker 2 (07:41):
Yeah, yeah, yeah, that would be a real issue. Joe,
all right.
Speaker 1 (07:44):
So but you know, Anthony, to his credit, he didn't
back away from that question. He said, yeah, stable coins
are are clearly the winner here when you look at
the global adoption and use case. But that's not necessarily
pulling away from bitcoin as a whole. What's your opinion
right now, what's your opinion right now why Bitcoin is
responding so erratically?
Speaker 3 (08:05):
As far as why bitcoins are re spawning erratically, You
have a couple of different things that will play too
that one. But as far as this whole situation with
stable coins and bitcoin and what the future looks like
there if you came into today or you came in
and watched that videos, thinking somewhere out there that someday
you would be buying your groceries in bitcoin and Satoshi's
(08:29):
that's that's not been a thing for a long time.
Bitcoin is digital gold. So to say that stable coins
would send bitcoin to zero would be like saying the
US dollar would send gold to zero. It's actually the
opposite gold. Watch it against inflation.
Speaker 1 (08:46):
Yeah, this is why you watch our shows, okay, because
when CNBC says something like that, what are these guys thinking?
Did they not understand the metrics here of how this works? Yeah,
let's get it. Okay, Well, speaking of ethereum, JP Morgan
just said, hey, well, we're going to buy a little theorem.
But we did it in the way of buying some
shares to bitmind, which is Tom Lee's usual last at
Treasury worth one hundred and two million, not a lot,
(09:07):
but enough for JP Morgan to jump in on this.
Speaker 2 (09:10):
But that is the largest.
Speaker 1 (09:11):
Bank in America now owning a stake in a DAT
so that's got to be bullish for this may have
been just a nod to Tom Lee, you know, because
of course Tom has been out there shouting to the
to the hills we're going to see a seven thousand
dollars eighth by end of year. What's your opinion? And
give me the chart on eight. Where are we end
of year?
Speaker 4 (09:29):
Ooh, end of year? You know, I don't know.
Speaker 3 (09:32):
Let's just before I tell you that, like, let's get
to a level where we start getting bullish again.
Speaker 4 (09:36):
Something I can confess to.
Speaker 3 (09:37):
Mykenati Paul, you know me, and people watch just know me,
and some people arenn laugh as I say this. You
guys know that I'm the guy who said that at
the end of this bullmarket that I thought would end
in twentywy six, that we could see things like chain
Link at four hundred dollars per coin. I said we
could see Ethereum up closer to fifteen thousand bitcoinner B,
well over two hundred. While I still believe all of
(09:57):
those price predictions are doable long term in the future,
the thing that I've gotten wrong the most, Paul, and
I've kind of backed off on with my community is
I'm gonna stop trying to predict timelines because we try
to look at the next two or three months, and
they keep pushing deadlines back on us. We are supposed
to have regulation back earlier this year. We were supposed
to have rate cuts earlier this year. We were supposed
(10:20):
to have liquidity coming back in earlier this year, and
they just keep pushing it away and away in a way.
So right now, when I hear things like Tom Lee
saying two hundred thousand dollars bitcoin and seven thousand dollars
theory and by end of year, I'm just sitting here
saying I believe bitcoin will get to two hundred thousand
ethereum to seven thousand at some point, but at this rate,
end of year just does not seem likely unless something
(10:41):
dramatic happens in the next couple of days or next
week or two. So while I'm not gonna be able
to pinpoint Paul for you a end of year projection,
because we got to get bullsh again before that happens,
what I can do is tell people where I'm looking
at lower levels where if the bottom's not in and
I'm not fully convinced yet the bottom's in, where lower
levels of interest are still sitting, and then I can
(11:03):
look at some levels up above that are very interesting
for when we do pop back up. So you guys
can see, we were holding up pretty well here until
the other day November two. We were staying above this
trend of support and below this resistance of a falling channel.
But then on the second the third, we lost that
support closed several candles below. This is one of those
(11:25):
things right now, let me go to the daily chart here.
This is one of those things that the first thing
we got to do is reclaim this support level here
at thirty five hundred dollars. I know we're thirty four
almost right now, but we got to get back up
there just to even start having a conversation about, well,
what happens if we go more bullets?
Speaker 4 (11:41):
Right?
Speaker 3 (11:42):
Today's a great day. However, when you zoom out, I
tell people this all the time as well. If I
look at the five minute chart right now with you, Paul,
that's a great looking chart. Oh the bull market that
must be back on right well, that's the five minute chart.
That's about that helps me for about the next two
hours at most. When I look at the daily chart
or the four hours, we're still in a downtrend. And
(12:02):
I'll tell you this right now, I'll look at like
the eight hour chart, and here you're absolutely right now
in danger on ethereum if we don't sustain a bigger
rally here and it's not here yet, take a look
at this little support and I'm gonna just draw this
quickly little support, little resistance kind of in play attached
to an explosive move here, this would become a bare
flag pattern that could send ETH back down below three
(12:25):
thousand dollars in the next little bit. At one point
I talked about us breaking out of this formation going
all the way up to eight thousand. Let's put a
pin in that, right. I still think someday eight thousand happens.
But clearly the markets decided, Nope, we're not gonna break bullishly,
which we normally do seventy to eighty percent of times
out of this formation. We're gonna break to the downside.
And because of that, you've got to start asking question
(12:45):
when is the bottom going to be in how will
it look? And at this point until I start to
see some by signals coming in on the daily which,
by the way, it's close, there's some suggestions saying that
maybe a bottom could be close in the daily art
or even better yet, the weekly chart, which we have
not gotten anywhere close to yet. Until that happens, you've
(13:06):
got to stay a little bit hesitant. Here's the good news, though,
you see that weekly chart, smart show, this is something
we had a cell signal back here in September.
Speaker 4 (13:14):
I should have I should have been smarter than I was.
Speaker 3 (13:17):
I'm not even a lot of people and say, oh,
I played this perfectly. No, I thought there was a
chance we'd ignore it. Hindsight twenty twenty should have taken
a short why, because I would have told you that
smart show right here at three thousand and eighty three
was something to keep an eye on. And sure enough,
guess where we went this week right down to that level.
What I think is realistic right now is actually to
(13:38):
kind of stay in that range. I think it's doable
to come back down here at thirty one, thirty two hundred.
I think it's doable to come back down there three thousand.
I think twenty six hundred. You got to look at
the order block down there and say, hey, that's a possibility.
But to me, I would tell people, do not be
surprised to make at least another visit as bitcoin go
sub one hundred k, if it goes seven hundred K
to back down here closer to three thousand, if not
(14:00):
a slight wig down below. Now after that happens, once
all these by signals come back in, now we can
start to talk about where's the next potential move after
a new all time high. Right short term, you could
just easily say, all right, look at the liquidations and
let's look at pockets at forty two hundred and forty
nine almost five thousand, that we'll see a lot of
whales gobble up. But if you're going to predict a
(14:23):
bullet structure, I think one of the best things you
can do is just say, let's take a look at
Fibonacci retrace or extension right here, and let's pretend we're
close to the bottom. Is somewhere here on three thousand dollars.
I would have my eyes squared eyes positioned in two
different places. Number One, conservatively, after we hit new all
time highs fifty six hundred, almost fifty seven hundred dollars,
(14:43):
this is the one point twenty seven to two range
for Fibonacci extension. The next one up here, this would
be kind of where Tom Lee is getting his almost
seven thousand dollars prediction right there. Golden pocket extension is
coming in at sixty eight hundred, So that's where I'm looking.
After I'm buying these low level I'm looking at those
and say, hey, I could see this being a great
(15:03):
spot to take profit because the markets start to get
over bought again. But does that happen by December thirty
first of twenty twenty five. I'm not guaranteeing that whatsoever.
Does it happen sometimes Q one? Yes, I think sometimes
in Q one it should happen, But I'm hesitant to
say that, because again, what if they just put all
the things down the line?
Speaker 1 (15:23):
Yeah, well, it's in the macro environment. Is what you're
referring to is just the continued, you know, delays that
we've seen obviously, the Clarity Act, the government shut down,
what we'll see maybe coming out of the FED in December,
all this playing into it. Now you've got tariffs on
the line with Trump, which could get things a little crazy.
And then let's not forget guys, once we go into
twenty twenty six, the political scene is going to heat
(15:47):
up in a big way, which will cause a little
bit of turmoil, maybe not too much, but a little
bit of turmoil. But I do like your analysis is
to extend these out into longer thinking, which is really
I think your channel and our channel both go that
direction of we're not a day trade channel. We're here
to give you macro look forward. This is an investment
class now treated like that, and look at long term
(16:09):
holding and positioning, and you know there's going to be
one of the losses. You know that you're going to
deal with.
Speaker 4 (16:16):
I'll tell you this because we do a lot of trading.
Speaker 3 (16:18):
Again, like I think I said early in the video,
my long term portfolio is down right now, but my
training portfolios up. But what we're watching unfold right now
is turning me. I will continue to talk macro, I
will continue to talk long, big term picture. But I've
told my community now, like hey, from here and out,
I'm not ignoring weekly sell signals on almost any asset.
I'm not ignoring weekly buy singles. I'm going to become
(16:40):
pretty you know, swing trading, day trading focus. We're going
to be aggressive taking profits here and out where that's
what institutions do.
Speaker 2 (16:47):
Yeah, where are we're buying eth? Yeah? Where are we
going to buy eth? Then you're thinking I'm going right.
Speaker 3 (16:52):
There, just just north of three thousand. Now I bought
some there as already, I would buy more. I have
a buyo to right now at thirty one hundred. Just
because I never like to pick the exact bottom. I
like safety, I have another bioer and a theory right
now at thirty one. Part of me hopes it doesn't
get triggered. I would I would love for us to
rip to the upside right now. I'm just not convinced
it's happening yet, so I'm making some preparations just in case.
Speaker 1 (17:15):
Let's talk about Solana, because obviously they got a break
point coming up here in December. Usually December becomes a
big draw point for a lot of projects, a lot
of announcements. What happens when you look at Solana where
it is right now, because it has really pulled off
of its two hundred dollars mark over the last couple
of weeks. Where do you think Solana is heading from here?
Speaker 3 (17:37):
Let's start off with some other news. And you probably
have mentioned this on your show, because again you cover
all this stuff in depth, but I haven't got to talk.
Speaker 4 (17:43):
With you about it.
Speaker 3 (17:45):
That Solana etf inflows last couple of days. Well, we
just put this out over our ex Bitcoin's been outflows
a theory and been outflowed. But I can't remember the
exact number of days because it's actually my business partner posted.
But how many days in a row has Solana ETF's
been positive. The the price isn't necessarily, you know, skyrocking back up,
but there's a there's a sleeping major bullish move coming
(18:07):
for Solana with these ETF inflows. I'm curious when it happens.
But as far as what the charts are saying, you know,
there is a little bit of volume coming in on
this bottom position right here. Again, there's there's kind of
this stuff where I'm telling my community, we definitely have
hope the bottom is in. We're not guaranteeing the bottoms in.
I'm not even gonna give you a fifty to fifty
the bottom is in. I would probably say I'm sixty
(18:29):
percent leaning towards the bottom is not in. Forty percent
it is in. But you will start to see we
haven't gotten a bisgnal yet on the daily chart, but
we look kind of close. We do look kind of close.
We've hit the major targets we have from cell signals
that we had weeks ago, right so, we had this
cell signal right here in October, we had this cell
scenal back in here. We've hit all these ones. I
think even the weekly chart here for Solana, we make
(18:51):
sure this loads and tells me correctly.
Speaker 4 (18:53):
But no, a little bit lower.
Speaker 3 (18:54):
Okay, So the weekly chart on Solona does suggest one
forty one. It is something to keep an eye on
if we do. If we do make it one more
move to downside. Let's keep looking here at some other
things that I see of interest. So that's the hope
we have for Solana. This is something that we prepared
our community for. We took profit. This is one of
the few coins I actually did take profit all even
(19:15):
even though we didn't have weekly selles signals. Yet I
took profit up here because of this formation on Solana.
Doesn't mean I think long term is.
Speaker 4 (19:22):
Not going to make it.
Speaker 3 (19:23):
I just saw this rising trend and I said, hey,
there's a chance that this ends up kind of pulling
back on us. And while we have been pulling back nicely,
the truth is this says that we could go as
low as one twenty seven. So I'll tell you this,
while I don't think necessarily the bottom is in, Do
I think there's a sixty percent chance of hitting one
twenty seven? Not necessarily a lot of times these formations
(19:45):
don't fully play out.
Speaker 4 (19:46):
But when I look at.
Speaker 3 (19:47):
Things like the weekly cell signal, and I look at
that weekly target when I look at things like Fibonacci
or tracement from this period and know that golden pocket
moves are not ridiculous. We've already hit the point five,
which again is part of the hope here. But golden
Pocket move here one thirty eight ish right below one
forty one on that target, that to me just seems
(20:10):
especially knowing that bitcoin probably needs one more laid down
as well into the mid nineties.
Speaker 4 (20:15):
At least, that.
Speaker 3 (20:17):
Tells me I'm a Salona buying zone. One five is
just to make sure you're in. But could it go
as low as one twenty seven? There's order blocks and
a target from the rising channel there that suggests that's doable.
Speaker 1 (20:30):
Yeah, we saw some of the liquidation events that kind
of mirrored that because so there were some opportunities here.
I think to your point is the fact that we're
seeing so much action out of b soul and not
seeing it really reflect on the charts.
Speaker 2 (20:44):
The difference though, is there's a lot.
Speaker 1 (20:46):
Of bitcoin ETFs that are out there generating inflow. There's
a lot of ETFs out there generating inflow. We haven't
seen a multitude of Solana ETFs only a handful, so
that in itself. One thing that I am watching is
the multitude of XRP ETFs that are looming. And we've
got Bitwise and Canary on an absolute race right now,
(21:08):
which looks like they are going to launch next week. Yeah,
we're gonna see possibly two, maybe three ETFs coming live
for XRP, all at the same time. What are your
thoughts on XARP?
Speaker 2 (21:20):
What does this do?
Speaker 1 (21:21):
After all this bullish news coming out of swell Brad
Garlinghouse kind of putting a steak in the ground saying
Ledger is here an XRP is the center of everything.
Speaker 2 (21:31):
What do you think?
Speaker 3 (21:33):
I'm still bullish and XRP it is not one of
the coins though I'm adding to on this dip. I'm
gonna keep my current bag of it, but I'm not
gonna add to it like I'm gonna add Etherorium, and
I'm gonna add Salon, and I'm gonna add SHANELEYK and
Avax and onto in a couple others there. But XRP
is not what I'm necessarily going to be adding to.
I have a good amount of it already here. Here's
I think the ets could coincide and be bullish. But
(21:55):
let's be very clear, ETFs themselves are not automatic bullish situations.
There are another avenue to acquire said asset. But as
we know, Bitcoin's ETF launch massively bullish. What about ethereum?
Ethereum spent how many months after the ETF trending downward? Now, Solana,
(22:16):
it seems to be semi good. I mean, actually the
priceless long is not doing well. We are seeing inflows.
Xrp's bullishness will not come from ETS being launched. So
anyone who's saying, oh at ETS launched next week, this
has to be super bullish. No, it doesn't have to
be super bullish. What will be bullish is do people
want to buy XRP. Do they have the fundamentals in
place that are exciting people to go back in? Do
(22:37):
the charts suggest it's over sold and once again ready
for a rally. That's gonna be the biggest indication the
XRP is ready. And what I'm looking at right now
is a chart similar to others when it comes to XARP,
and we'll kind of go over here and take a look.
I think this is one that hope is there. We've
hit some targets to the downside. I don't think you
have too too much terribly down lower to go when
(22:59):
it comes with XP. But they did lose some momentum
with the recent chain Link announcements of all their relationships
with banks. What was it the the that's the bit what?
Speaking of Solana, the deal with Western Union that had
been working and evaluating and thinking through XRP for a
long time and then last second says no, we're gonna
(23:20):
build our stuff on Solana. That didn't sit well for
XRP enthusiasts. There was a big question mark as to
why that is. But right now I think XRP can
still remain bullish and we're seeing some hopeful bottom positions.
But don't think the ets themselves or what's gonna pump.
It'll pump because people want to buy because they believe
in it long term, not just ETFs.
Speaker 1 (23:40):
Yeah, wait and see, we'll we'll find out in the
first thirty days and we'll know if XRP is up.
If you're looking at the four hour it's just bounced
pretty significantly.
Speaker 2 (23:49):
Why is that?
Speaker 4 (23:50):
I think what's going on?
Speaker 3 (23:51):
I mean, everything in the last four hours has bounced
significantly yeah, yeah, and that kind of right there even
backs up my point. Like x raper now is up
five percent, you have unis up, towel t percent, onto
the fifteen percent, Al goes up seventeen percent, Injective twenty
one percent, top ten, don't I'm not a doot fan.
Dot's up twenty four percent right now.
Speaker 4 (24:12):
That kind of backs up.
Speaker 3 (24:13):
My point though, is that I'm not saying that XRP
is going to crash necessarily. I think the ETFs are
not going to be the deciding factor of what XRP
price does. If the markets decide to pull back in crypto,
I think XRP joins them despite an ETF launching. If
the markets decide no, it's crypto is exciting, let's go
and pump. I think XRP will pump. The charts aren't
(24:34):
a good spot for that, So that's kind of where
I'm sitting.
Speaker 1 (24:37):
Let's talk about Avalanche transactions. On Avalanche all once sur
past eight billion this year, things just absolutely on fire.
But at the same we also have permanent capital vehicle
in terms of the ecosystem. AVAT now can deploy capital
directly into projects, So this is going to build sustainability
long term. So there are some big advantages here that
(24:58):
are happening with with Avalanche, Treasury companies. What do you
think about Avalanche now, because it has not been acting
well on the charts, and we've seen it, of course
come back down considerably.
Speaker 2 (25:11):
What about now?
Speaker 3 (25:12):
There aren't a lot of cryptocurrencies performing well on the charts.
Here's I'll make the argument that I actually think avax
is performing quite well on the charts, all things considered.
When you go back here to Low's we had in
June and then April of this year, it's pretty much
in line with that.
Speaker 5 (25:28):
Right.
Speaker 3 (25:29):
This is the Binance chart, so not every chart's gonna
have this Bindance had a wick all the way down
to eight dollars and ninety cents. But of course that's
old news as to why that is. Don't pay attention
to that wick. Pay attention to where it's found support.
I mean, let's just look at some of the other
constituents here, Solana back down here below levels from August.
I guess you can make the argument so a lot
of actually had a good one. So that's a bad example.
Shamelink has had some bad news there. XRP has come
(25:52):
back down below I feel like Avax is held up
kind of well here all things considered, Yes, it's down
what is this percentage? Yes, it's down fifty seven percent.
So that's where I guess people are gonna really be
upset with it.
Speaker 1 (26:06):
It's just I love for you to for you to
just say, yes, it's down fifty seven percent.
Speaker 4 (26:11):
Yeah, you know, it's funny.
Speaker 3 (26:13):
I had I was having that cop let me go
off this screen for sent I was having that conversation
with my brother earlier this morning where I was saying, like,
it is kind of funny how in the stock world,
like you say, down fifty seven percent, that people are
pulling their hair out and they're they're distraught. Yeah, in crypto,
it's like, oh, rolling down fifty seven percent, that's kind
of cool.
Speaker 4 (26:33):
Yeah, just cool.
Speaker 3 (26:34):
The fact that we're holding that support that we've seen,
I think that's a good I think that's a good
thing overall for Avax for where it is. It's holding
that longer term support here as well. I see this
still being fundamentally extremely strong project. I guess I want
to make sure I'm clear here. I'm not saying that
this chart is great. What I'm saying is I think
(26:56):
anyone's gonna tell you this is absolutely horrible, I would
tell you no. I think it can came back down
to retest some support levels. That has a backup theory
that Wales love to bring things back so they can
buy cheap. This is one I'll be honest with you, Paul.
I don't think we go too much lower. If we
go any lower, thirteen thirty as about as low as
I see AVAX going. I think with this momentum is
going to keep this support strong and held. I'm still
(27:19):
bullsh on this long term. Yeah, we fell short in
breaking out a major breakout. We could have gotten back
up of forty dollars here and really started to make
things interesting. But with this being one of the few
coins that now has treasury companies coming in with it,
it's development on both the AI space the real world
asset space, being a layer one solution for all that
as well. I still am a big believer in AVAX.
(27:40):
It's one of the coins. Like I said, I'm not
going to be buying every single coin in my portfolio
to add to it. At these low levels, Avax is
one of the ones I'm looking at right now.
Speaker 1 (27:49):
If you look at the bitcoin volatility, because that makes
you think, well, is there an all coin season brewing?
You know that's volatility right there? Guys are dominance right
now coming off what was a high right there at
what sixty one point three? Holding it now under sixty.
You mentioned this at the top of the show. What
does this mean to you, Tim?
Speaker 3 (28:10):
It's a good sign. It's a good sign for all
coin holders. I put a tweet out this morning that said, listen, bitcoin,
this is when bitcoin was blow one hundred k. So
this is funny. This morning bitcoin goes blow one hundred k.
Now it's sitting at one hundred and two six hundred.
But this morning, when I put this tweet out, I said, okay,
bitcoin blow one hundred k. However, gold is still blow
four thousand. Gold is above four thousand right now if
(28:31):
we're speaking, But it was blow four thousand this morning.
USDT dominance is showing some topping out signals, meaning we're
not officially getting cells, but we're hitting resistance. We're seeing
overbought prices on several time frames. And then you watch
Bitcoin dominance, which this morning when I put the tweet out,
it was only down to sixty point three. Now we're
(28:52):
looking at fifty nine point seven on Bitcoin dominance, there
is a support level we could be bouncing off of.
I can show my chart here in a second, and
I'm going to evaluate this because actually I haven't evaluated
where we would be at this point just yet. But
there was a trend that we were in for a
long time. October tenth messed it up, and then here
the other day we shot up, and I thought, Okay,
here we go. This could get really gross, really fast
(29:15):
for all coins. We've eliminated all of those gains of
bitcoin dominance. We're sitting down here back to support. I'm curious.
I mean, that's a good sign right here on the
daily chart. That is not something that's screaming at me.
We're about to bottom out. That looks like something that
wants to keep ongoing. If I look at the weekly chart, now,
the weekly chart hasn't turned on us yet, but you
(29:35):
do see a slowing down on the RSI. You see
it slowing down and rounding over again. You see it
a little bit on this indicator that we have here.
But we're not over sold just yet. As we are
approaching support, so I don't want to say anything too fast.
And then people get their hopes up and things are bad.
But we've had some fake outs to the upside, we've
(29:56):
not had a figure out to the downside. I'd be curious,
very curious to see what would happen if we can
close a couple four hour candles. Heck, let's get a
couple daily candles to open and close below this green
trend line. I'm very curious what that means. Some people
will know we're in a downtrend on bitcoin dominance. I
(30:17):
still believe that all coin seasons are gonna be different
than they've been in the past, but similar in the
sense that all coins will outpace Bitcoin, but would be
very interesting as well. I've never seen a prolonged period
of time, Paul. I don't know about you. You might
be have been in crypto longer than I have. I've
never seen a prolonged period of time with bitcoin dominance
is collapsing, but the markets aren't going up right. Bitcoin
(30:40):
could collapse, but I've never seen bitcoin dominance collapse and
all coins also be falling. Well, I've said a lot
in the show. I'll give it, I'll goot caveot here.
I've said a lot on the show that I think
all coins could drop lower, and I'm not saying they
won't if we lose that green support level. I just
show you if we drop closer towards let's give you
a number fifty nine five and below, there's a small
(31:02):
chance that maybe Bitcoin's bottom still isn't end, but maybe
all coin bottom is confirmed.
Speaker 4 (31:07):
With the gundames plumbing like that.
Speaker 1 (31:09):
Well, and you've got almost everything in the chart. I
was just looking at near protocol, which was just to
show one of the high flyers, which is setting it
dots at twenty four. Like you mentioned, hear was over
thirty percent. I mean, that's the near chart right there,
thirty percent up waking up to almost three dollars here.
So you know, I look at it this way, is
that there's been so much suppression on the crypto markets
(31:32):
over the last sixty to ninety days because of what's
happening with the government shutdown, obviously, what's going on with
the FED, what we're seeing in the tariff translation into inflation,
the jobs numbers, which prior to actually getting data was
already spiraling out of control, and I think we're now
starting to see that play out in some of the
retail markets. The restaurant industry is getting torched on this
(31:55):
because of that. So I think maybe you're right. We
could be nearing the bottom is in. I think Matt
Hogan said this the other day he thought the bottom
was very close.
Speaker 2 (32:05):
Maybe Tom Lee is right.
Speaker 3 (32:06):
I think the bottom is either in or close. I'm
still leaning towards it close instead of in, but I'll
when out there watching, I hope I'm wrong.
Speaker 1 (32:16):
Well, let's talk about Sweet real quick. Sweet consensus and
their engine leveled up. Basically, they've been an upgrade. So
this is a new integrated validation and it's up the
lower latency thirty five percent. So this is good for
the Sweet ecosystem in general. If you look at Sweet
right now, this has been one of those tokens also
(32:36):
has taken it on the channel a little bit. Where
is Swee today? And how do you feel about this one?
Speaker 4 (32:43):
Yeah?
Speaker 3 (32:43):
Sweet obviously, just like everything else, is getting a nice
little bounce here. This was one of the coins I
was thinking of, like these coins that have been downtrending
for the last couple of months on like Avax, which
is more sideways. Five minute chart looks glorious, right, This
is just a beautiful looking bullish chart. It's when you
zoom out again. I was just in the daily chart.
It's not anything to rejoice about just yet though, right
(33:04):
we just plunge so heavily since the end of October.
This is more like a rebound bounce right now. Good news, though,
very good news as you're getting this type of move.
We don't have positive money flow on the daily chart
just yet from the oscillator, but we do have a
plethora of reversals, and today this has got to close
this way. But a green dot coming in is a
(33:26):
very good sign. I'm curious. Let me transition here. This
is where it gets interesting. The twelve hour. It does
look like the twelve hour that money flows going bullish.
We have a twelve hour bisgnal on our hands. What
that could mean to its full fruition. Now, sometimes in
a down trend, the bi signals don't hit their biggest target.
But that would give me at least a move back
up here towards two thirty three, this quarter block around
(33:49):
two thirty nine. If we can transition this into a
full blown daily we're talking about two sixty two. Here's
the problem. When you zoom out, two sixty two is
still not breaking the long term structure. This is one
that again we were in a falling channel. This should
have been bullish.
Speaker 4 (34:06):
To the upside. We lost it.
Speaker 3 (34:08):
We were tested the former resistance as sorry, former support
as resistance right here on October twelfth. I gotta get
back up here above this greenland. I gotta break that
green line of trending resistance now and make a move
to the upside to feel confident. So, while I think
there's some trading opportunities still ahead of us to move
to the upside, I'm just still gonna be cautious and
(34:30):
saying the bottom is in because the best buy singles
right now still have very limited upside targets.
Speaker 2 (34:37):
Yeah.
Speaker 1 (34:37):
Well, listen, guys, we're going to be tracking this very
closely because obviously the government shutdown is on the verge
of some at least some news as we move into
the weekend. I think the key here will be next
week for obvious reasons. The real thing I think that
is going to play into this obviously also is going
to be Clarity Act, which I think will be absolutely huge.
Speaker 2 (34:58):
For the market.
Speaker 1 (35:00):
So there's still a lot of very good catalysts going
forward here. Tim, Yeah, thanks for coming in today.
Speaker 2 (35:05):
Man. We appreciate it absolutely.
Speaker 4 (35:08):
Thanks for having me, Paul.
Speaker 2 (35:09):
You bet all right.
Speaker 1 (35:09):
You guys know what to do. Make sure enjoin the
Diamond Circle. It's our own ultimate group which you can
join for free and we always leave a link down below.
Hit me out there on ex apt Paul Baron. We'll
catch you next time right here on the Paul Baron Show.
Speaker 2 (35:22):
Take care,
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