Bitcoin Shook Everyone Out at $76K: New Altcoin Trades I'm Taking
Bitcoin tagged 76K last night as Democrats took the House and Senate, right at the 50-week SMA near 75,600, and bounced. I still give it 80% that the low is in, and a weekly close above 80,160 would raise that. Then my altcoin trades: Zcash NU7 lands tomorrow, NEAR ecosystem bets like Aurora, perps with the CFTC, Hyperliquid, the Citadel and CBOE lawsuit and my tiny Lighter long, Elysium and Nest Exchange, and Supernova on Canton, where my Quadrillion position is up about $5,000. Plus your questions on Aave, oil, TOTAL3 and Democrats and crypto. Live every weekday at 10:30 AM ET.
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All Exchanges and Links
✅ GMGN Trading Terminal: https://bacon.link/gmgn (Trade on-chain across every chain plus perps. Perp trading competition live now: win an iPhone and Apple prizes, ends Nov 20)
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My Other Videos
8 Years of Crypto Trading Advice in 40 Minutes 👉 https://youtu.be/p9iEJgFReB8
Crypto Investing for Beginners, Full Course 👉 https://youtu.be/niT7g4ghm3o
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Chapters
0:00:00 Welcome back: happy about this pump or sidelined?
0:01:30 Today: the 76K bear trap and my altcoin trades
0:04:05 76K was the level: if it goes there, you buy
0:05:48 Democrats retake the House and Senate
0:09:49 What would change my read: watch the daily candle
0:19:06 Five red weeks in a row? The $80,160 weekly close I want
0:21:38 Do crashes come after the midterms or before?
0:30:16 Zcash NU7 is a day away, NEAR and Zcash still lead
0:32:17 NEAR ecosystem bets: Aurora, down from 10 cents
0:35:18 Perps are the new narrative: the CFTC loves Hyperliquid
0:37:21 Citadel and CBOE sue, and my tiny Lighter long
0:38:22 Hyperliquid is too expensive at a $25B market cap
0:39:53 Elysium, the new Hyperliquid L2, launches November 9th
0:41:54 Nest Exchange, a Hyperliquid builder I backed on Echo
0:45:27 The CFTC names Canton a digital commodity
0:47:58 Supernova, the first launchpad on Canton, went live yesterday
0:50:00 Yuval Rooz of Digital Asset quote tweets Supernova
0:54:33 My Quadrillion position: $15K in, up about $5,000
0:59:20 Is this the start of a strong Q4?
1:04:01 Is 67K expected? No, it's the unexpected case
1:06:03 DeFi: I borrow on Aave, but farming isn't worth it
1:11:06 If oil keeps dropping, does Bitcoin keep its momentum?
1:16:11 Do Democrats change crypto rules? It's been bipartisan
1:19:51 When does TOTAL3 break out? After Bitcoin clears 87K
1:24:01 Democrats aren't pro crypto? What actually got done
1:28:36 Wrap: I want a weekly close above 80,200
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.
#Bitcoin #BTC #Crypto #BitcoinPrice #Zcash #Hyperliquid #VirtualBacon
