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Bitcoin's Final Bounce Signal: I'm Waiting For One Thing Transcript, AI Summary & Key Points

Crypto Banter · yesterday · News & Politics · 13:19 · EN-US

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Answer

The final bounce signal is Tether dominance: USDT.D is at its major trend line just under the 200-day MA, and once it tops out and turns down (after the market's temporary bounce and possibly new lows), the crypto reversal is on. Confirmation could come via a capitulation event — either a Bitcoin flush to $69,000 bought up quickly, or a squeeze through $75,000–$76,000 to $80,000.

AI Summary

Bitcoin has tagged its 200-day moving average while altcoins sit at the 0.786 Fibonacci level on the weekly chart, putting the market at major supports. A strong bounce is loading, but the final confirmation signal being watched is Tether dominance (USDT.D) hitting its major trend line and 200-day MA and then rolling over — a decline in USDT.D would signal the market-wide reversal. Two capitulation scenarios are laid out: a flush to $69,000 on Bitcoin that gets bought up with a volume spike, or a squeeze through $75,000–$76,000 toward $80,000, where heavy liquidity sits. A possible breakout attempt at new highs is expected early to end of November. Altcoin accumulation zones are mapped: ETH at the 0.618 and $1,800, Zcash at $950 and $815, Near at 3.3–3.6, Chainlink at the 0.618/200-day MA, and Solana near the 0.618 with $75 as a possible better entry. The first bounce may be a fake one, so conservative traders can wait for a higher low or double bottom before loading up.

Key Points

  • Market context — the altcoin cycle is in the pullback after the first breakout, higher high and higher low: phase A of the rally is done and phase B (bull market loading) comes next; the deep pullback does not change the plan.
  • Bitcoin has tapped its 200-day moving average and the 200-day trend line; the last 24 hours tapped $72,600, with support at $72,000, $71,000, and the big 0.618 Fibonacci at $69,500 — a ton of support through the next $4,000.
  • Around $78,000 on the weekly chart sits massive liquidity, so a strong bounce back to $80,000 is expected from major support, followed by a cool-down.
  • A breakout attempt at new highs is expected early to end of November; if Bitcoin falls below the current support zone, the mentality shifts to the $60,000s.
  • The trigger being watched is a capitulation event with declining volume over the last six days pointing to an incoming volume spike; stoch RSI at the bottom and bullish RSI divergence all say oversold.
  • Capitulation scenario 1 — within two to three days Bitcoin drops to $69,000, spikes down and gets bought up quickly, creating a big volume spike (shakeout event).
  • Capitulation scenario 2 — over today and tomorrow Bitcoin engulfs $75,000–$76,000, then a short-term trend break causes a squeeze to $80,000.
  • Altcoins at the 0.786 Fibonacci are prime accumulation zones: bots, spot trades and low-margin 2x leverage trades are being launched here, with stops 5–10% below.

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Transcript

Searchable transcript of Bitcoin's Final Bounce Signal: I'm Waiting For One Thing — Crypto Banter (13:19). Search for a phrase, then click its timestamp to jump straight to that moment in the video.

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00:00 Yo fam guys, Bitcoin 200 day moving average on the trend line. USDT dominance at resistance at the level we spoke about a couple of days back of the spike to the upside. Over here we have Ethereum at the 618 Fibonacci. We have the total three at the 786 Fibonacci zone. When it comes to the major major major supports, we are now there. Now it is time to look at what is the final thing that I'm looking for for a strong bounce because a strong bounce is loading and is going to come very quickly and there's two or three

00:40 combined signals that comes into one signal or for me I got to be ready for for the reversal to come at any point. So guys, do me a favor, smash up the like. Quick show today on really knowing what are the most important areas and zones and specifically the trigger points in the markets. Like up and fights, but inside the show. >> Like it up. Like it up.

01:11 You're still here. You're still surviving. How you been? I know it's been a little while since I've been live. Uh for me I'm dropping 10-minute shows every day just updating you as things go by and just pushing pushing pushing through because again we are coming to the zones where we got to pay attention to. So the first thing I want to show you guys right is I want to highlight again specifically on altcoins of where in the cycle I do see us being.

01:35 Now we knew that this test you know for me it was down here I turned bearish right and then over here I started turning bullish right now we starting to push down. We knew that this time was going to come. It always happens, right? You always have the first disbelief move out and then you get the uncomfortable dump that comes into play. And now we at that zone now where we're trying to fight where is the bottom, where are the major areas.

01:56 But I want to again keep it very simple and show you guys the plays of where I personally think we are in the cycle, okay? And where I see us basically going. But nonetheless, I see us being in this phase over here, okay? where we had the first official breakout on the altcoins. We broke the trends. We broke the 200 days. We broke the structure of the market right from the previous structure we saw for many weeks and many months.

02:19 Okay. Then we had the first higher high that came into play and then we had this very difficult pullback that came straight into the zone over here. Okay. This is the higher low. After the higher low, we restarted the cycle and we saw a major move up. Guys, for me, the plan still stays the same, right? that this was the phase A of the rally. From here, we're going to phase B.

02:40 Okay, but we had to get through this area and that's why it was okay for me few weeks back to turn bearish. Okay, and why this whole area here I was bearish and this whole area here I'm turning very much bullish, right? Because I knew that there was time. I knew that we were so early in the cycle, right? And again, these are probabilities. These are views of what I'm what I'm seeing and the the personal plan that I am trading, okay?

03:05 Okay. But I knew not to kind of have this allin, I'm going to miss the bull market type of mentality because we did have to get through this major uh uh period of where we at now. Okay. And as you could see in the reversals of alts before in the past, we can come quite deep if we do want to to these major areas. Now we're there. We've broken out broken structure coming down deep.

03:22 As you see previously, we did also dip our head through the 200 day. Once we got above it, we then started rallying and moving strong to the upside. Right? So, what I'm trying to get to is this doesn't change the plan, right? The plan still stays the same. The plan is we're loading up for the bull market. And this was only the one to say that, hey, I'm not dead, right?

03:45 There's still there's still a rally left in me, right? But get ready type of views. Okay, so let's jump into where Bitcoin's at, guys. Bitcoin is on the main momentum trend right now, and it now has tagged the 200 day moving average. So, if we look at the last 24 hours, we tapped into 72,600. Okay, we do have support at 72. We got support at 71. Okay, and we also have the big 618 at 69,500.

04:10 So, through this next $4,000 on Bitcoin, we are sitting with a ton of support. Okay, but now we're getting to the point where we are looking for the real reversal. Okay, and again, the thing that I want to highlight to you guys is from here, I am looking at liquidity, right? I'm looking at liquidity from here, right? Bounce to the upside. And I want to show you guys here on the weekly.

04:31 Actually want to just make sure I have the the right setup here. Give me a sec. Where are you? Okay, I lost a little bit of my setup here. Okay, but here we go. Okay, so there. Look at that. Right. Look at all that liquidity sitting at 78,000. Okay, tons and tons and tons of liquidity. So again, by looking at this now, I am expecting at any point once we hit major support that we are going to have a strong bounce to the area back to 80,000.

05:09 Okay, from there I think there's a cool down and like I said, as it stands now, we're probably looking at anywhere in the early to end of November a possible breakout for attempts at the new highs, right? Anything below here, we start then shifting into the mentality of the 60,000s. Okay. So what are the plays of what I'm basically looking at as this market is moving down now we have this volume descending right moving down.

05:31 Okay. So what I'm looking for is the capitulation event. Okay that's for me is the final sign to say okay we're hitting major supports. Okay this is where I must start paying attention to the market reversing. every single sign of when it comes to the stochastic RSI being at the bottom, right? When it comes to a bullish divergence in play on the RSI, right?

05:50 When it comes to all the different signs, all of those are oversold and telling us we're ready for a major bounce. And as you could see, this last bit of pullback that we've been seeing specifically over the last six days has had volume declining to the downside, which means very likely or or or um that a volume spike is incoming. Okay, so a capitulation event is going to work in two ways.

06:10 Either if I look at this now and I put in these major trends, either in the next two, three days, we're actually going to drop to 69,000. And that's going to be an event where we drop, we spike down, and get bought up very quickly, creating a big volume spike in play. Okay, that's the one player we got to be ready for, right? It's time to get ready for the reversal, for the shakeout event that comes into play.

06:31 Then what you have is you have the short-term trend here, and a break of this trend is going to cause a squeeze to 80,000. So, we have the trigger point over here. Okay. The second way of a of a capitulation was this on the high time frame was the capitulation which means that over today and tomorrow we actually start uh uh engulfing the areas of 7576 and from 7576 we actually then see a squeeze up to the major areas over here.

06:56 So I want to again come into the play here of looking at altcoins now and say that we are at incredible altcoin accumulation zones to a point where I am now launching bots. I'm launching spot trades and I'm even launching low margin leverage trades on 2x's right now in this area. Okay, it's a no-brainer for me when it comes to alts. So, where we at now of the higher low, the bullish divergence is in play.

07:20 Okay, and if I look at this now, I'm accumulating in this area and I'm popping some some decent stops right around 5 to 10% which is really not bad on high time frame. Okay, and as you can see, I'm looking for rallies to the upside area over here. This 618 for me or the 786 Fibonacci. Okay, when Bitcoin goes to 618, altcoins go to 786. Okay, which means this is a very strong um uh support as well as using these horizontals here as well as using the trend line.

07:49 Okay, so this is one that I am paying attention for all coins. And again, I don't know if you've noticed, but one, two, three, four, five, six, seven red candles in a row. What's very likely to happen, okay, and this is on the weekly, is when we start the engulfing candle on the weekly, we're very likely to see a candle that does something like this.

08:10 It could be over a week, over two weeks, but very likely we're going to see a lot of this damage be reversed in one very strong move to the upside over here. Okay, trigger points. What I'm doing is I'm accumulating in these areas of 786. And what I also want you to pay attention to is the main top trend line. Draw the top trend line in. Okay, it's indicating the exact same thing as what Bitcoin's indicating is at any point now we're either going to see one last flush.

08:37 Okay, but or we're going to see a rally up to the trend line, then a small rejection and then a breakout incoming. Okay, we should be looking anyway in the next 10 to 12 days from the market actually pushing to the upside. But because we are getting to big high time frame support zones, don't be surprised if it rallies up quickly. Now, I want to speak around that scenario.

08:56 If the market decides from here to just put in a fat green candle, okay, and you haven't bought any trades and you haven't loaded up anything, you can wait, right? Because it's very likely the first bounce that is coming, okay, is going to be the fake bounce, okay? Then there'll be a a higher low type of situation or double bottom type of situation, okay?

09:17 And then we'll rally up. So just to keep that in mind over there, too, that if you are a little bit more conservative, you're waiting patiently, that's cool, okay? But the first rally just be careful not to have FOMO into that rally because it is coming at any point which gets me to the point of the USDT dominance. This is the signal I have been waiting for.

09:33 Right? This is giving the overall market effect. Okay. And this was the major trend line that we drew in must been around a week to two weeks ago. Okay. And we were chopping chopping chopping chopping chopping. And what we're looking for was the blowoff top into this area. Guys, we are now at these area of the major trend line. We have the 200 day just above.

09:53 And what I'm expecting from here is the market to actually give that temporary bounce, which means this goes down. Okay? And then I'm actually looking at us go for new lows. So I'm officially the most bullish I have been in the last few weeks officially from today. Right? This is the big areas of where I'm paying attention to. Okay. Then I want to get to the point just want to see where I've put this in play here.

10:23 Uh here. Okay guys. So, I wonder why it's not bringing this up. Mikey, what's our likes on there, sir? Want to see why I can't see this. Okay, let's bring it up. Okay. Uh, that's what keeps happening. Sorry, I'm having some problem with my computer. only on like 88 likes. >> That's fine. The marker goes up to like again. Like it up, GUYS. LIKE IT UP.

10:58 LIKE IT UP. Bring the vibes. Let's go. Okay, guys. We have a shopping fest. You know, Black Friday is coming here with WX. So, shout out to WX. Here we go. They're giving away a PlayStation iPhone 18 Pro, right? There's a a a DJI camera set over here. So, as you could see, you got my link. If you're trading on the link, for $1,000 of volume, you get an egg.

11:19 For 10,000 volume, you get an egg. 100,000 get an egg. Go get your eggs. Go get your damn prizes. Right. Anyone that's trading right now, make sure you're using a WEX link. This is great. Lot of great prizes over here. And you get eggs for every amount of volume uh that you unlock. Okay. Now, I want to fly through a bunch of altcoins quickly. So, ETH is at 618.

11:41 Okay. Big zone. Below that, we have 1,8786. So, if Bitcoin had to go to the mid60s, this is where I'd play for now. This for me is a very big zone of where I'm accumulating. I'm building margin positions. I'm building bot positions on ETH in these areas over here. Then I want to speak around Zcash, guys. Zcash here at 950 is 618. There's two zones to load up Zcash.

12:01 $950 and the second one is $815. Those are areas of where I'm accumulating Zcash, right? Nia ain't getting cheaper. Okay, if we actually look at Nia, it's right here on the support trend. Okay, so it looks like NIA between 3.3 and 3.6 Six is the zones where to accumulate. But I want to give you guys this trend line because this will be the breakout trend for me.

12:22 Draw this trend on the 4 hour. We start breaking this trend. N is going to start rallying up again. And there's easily a 50 to 100% move incoming once we're settled on these lows. Right? When it comes to chain link, chain link is on the 618 200 day moving average. When it comes to Salana, right, guys, soul incredibly cheap. Like Salana's cheap. Let's all admit it, right?

12:44 Soul's very cheap here. What I like about it is it's on the support trend line. Okay. And if we look at the main Fibonacci, okay, we are now at the areas of hovering at the 618. There is a scenario of $75. Okay, that would be a even better entry. We're not promised that entry though. Keep that in mind. Okay, your renders, your objectives, all of these are in play. I'll update them as shows go by. Have a fantastic day. Thank you for watching. Lots of love. Bye-bye.