Transcription
And hello everyone and welcome to Vision Crypto on this Friday, October 10, 2025, with this map that is rather red. We're going to go see what happened as usual on our friend BTC. We're going to go see what happened on our friend Ethereum and we're going to go see the news. You'll see, it's going to be relatively interesting. Alright, let's get started right away with our friend BTC. What did we do? Well, we went to look for a little bit lower yesterday, a little bit more liquidity. You also know that I'm waiting to return to this zone, perhaps in the RLZ, so at the level of 116,000, 115,000, so between 117,000 and 115,000 really. So to really return to this long RLZ to possibly have an upward movement afterwards. I also remind you here, I'm switching to daily, there you go here, that here the global M2, normally we are supposed to fall, you see until the end of the month. So are we going to do the same thing and are we going to fall until the end of the month on our friend BTC? It's possible. We can stagnate here, stay here, go back up, stay here, go back down into the long RLZ. So we will capture, you see, by returning to the long RLZ. If I switch to daily, look by the way, this is very, very clean. We would come to fill all the imbalance zone that we have here. Well, a good part by returning to the long RLZ, at least 50% and we could even return here if we go a little lower here at the level of 114,800. Here, there is an OB, a block. So we could come back and lean on it and a block in daily, it's very powerful. We could come back here and then leave again. In addition, we would be at the level of the neckline of the big W. Here, we would capture all the FBG and we would return to the RLZ. So in short, there is a lot of confluence to return to this zone. We also know that there is the CME gap a little lower. Will we go look for it? That's another story. Just returning here and seeing the reaction will be important. So after, as I was saying, the Global M2 stops at the end of the month, October 29th and 30th. So we could come down little by little until the end of the month and potentially after have this big big bullish phase for November and December. Of course, all this remains to be seen. So well, in the meantime, we are waiting to see if we continue to fall. So you know my bias, in the short term, it's to go down, to continue to come and fill the liquidity to the south. Because yes, we can see it here. Look, I switched to 2 weeks. We still have a lot of liquidity to the south, we know that now. And we can also see here how many billions there are to come and recover. And look, in addition, there is this whole block really on BTC to come and recover. Until where? Until well 115,000. Strangely, there is this whole block. Of course, down below, we know there is money down to 105,000 dollars. But just to come and recover this whole block, look, there are almost 10 billion in liquidity to recover. So well, there is a big big interest in coming to recover it. On Ethereum, it's exactly the same. We know that we have liquidity to come and recover here. By the way, I even moved my entry point in the trade. Look if we go see it right away here. Look at that. There, I moved my entry for the trade. Why? Because well, we are really not far here from the support and that if BTC continues to dump, well clearly I think that Ethereum will be the same and that we will even go looking for lower. In addition, the interest, look at Ethereum, the liquidity so there is here, indeed at the level of 4197 but there is also at the level of 4050 and there is a confluence to return to this level. Both, there you go, look here, you saw it, there is the long RLZ. So, we could have a rebound in the long RLZ. In addition, here, we must not forget that this was a resistance and therefore a support. You see that here, at this level, we have already had a rebound on this support, yes. You see? Boom here twice before leaving again. So so, we could also come back here, capture the liquidity and then potentially leave again upwards and we will have captured the majority of the liquidity. So that's why I find that there is an interest in coming here and that's why I moved my entry. So again, it might be that we go down slowly until the end of the month. So we will have to be patient or it might be that we make a big wick. In short, in any case, my bias is bearish in the short term and I think we will leave again after October 29th or after October 30th. Both on the Global M2, we see a restart and both there is what? well there will potentially be the rate cut. You know, on October 29th, it will be the decision, will we cut rates, continue to cut rates or not? And by the way, there was the FOMC minutes. There are strong probabilities that there will be a rate cut on October 29th. The only discord, look, is Stéphane Miran who was appointed by President Trump and so of course he supported a more aggressive cut of half a percent, so instead of 0.25, 25 directly cut to 0.50 but there are other members who of course do not agree with Stéphane Miran and who adopt a more cautious approach. So so we should have a rate cut on the 29th but only of 0.25. However, at the level of projections, what is interesting is that in total, well there will be a cut of uh 50 in 2025, yes. So that will be two cuts. So on October 29th, we can have a cut of 0.25 and at the next meeting, another cut of 0.25 before the end of the year. And then it could continue, you see, to follow its path of progressive easing by making smaller rate cuts of 0.25 in 2026 and 2027. But for us, what is very important is especially in 2025 and at a pinch at the very beginning of 2025, January, February, but normally after the 4-year cycle on cryptocurrencies will be over. And in any case, I think that we will still have to get out of the crypto market even if the 4-year cycles are broken, I think that we will still have to be as cautious as possible. But well, all that, we will see later. So, I don't have the figures on the economic calendar because of the shutdown. Well, indeed, the figures are not published. So well, I don't have the unemployment figures, I don't have the figures today that are going to come out, you know, relatively important. So so well, I cannot give you the figures. Alright, at the ETF level, still inflows on our friend BTC 197 million, even if it's a little weaker, we still have inflows. and on our friend Ethereum. However, we had a small slight outflow, but we still have an exit of 8.7 million. So, let's move on to the news. The Luxembourg intergenerational sovereign wealth fund has invested 1% of its assets in Bitcoin ETFs, thus becoming the first state-level fund in the Eurozone to do so. So very, very bullish. Anyway, we know that Luxembourg has no problem with money. They have no problem with innovation. They have no problem moving forward. So well, it's completely normal that they invest in BTC and there should be more and more sovereign funds investing in this type of asset. Well, that's not the case for France since we don't even have a sovereign fund. Alright, let's continue looking at this image. How bullish it is for the future. Bitcoin adoption has reached 4.7% globally, which is peanuts, clearly. and therefore also the level of internet adoption in 1999. So look at that, how exponential the curve was after the internet and us, look, we are very small here. And so well, look at what that foreshadows. Well, of course, a potentially exponential curve exactly like the internet bubble and so well, of course, I am ultra bullish for the next 5 and 10 years. Why am I DCAing on BTC? Because you see that even if it seems that the price of BTC is hyper hyper high, yes, that's for sure. For people who have been in the market for 3, 4, 5 years, well, of course, the price of BTC is already very high. We went from, for example, $15,000 in 2022 to $120,000 today. So so, of course, that's a huge rise. But look, we are only at 4.7% adoption worldwide. So how high can the price of BTC go? If we follow the same curve as the Internet here, believe me that the price of BTC will be worth much, much more. So a million dollars for one BTC is clearly possible when I see that we are only at 4.7%. here. Alright, look, we see up to 2030 here the curve. Tell me in the comments how much you see the price of BTC in 2030, so in 5 years, so a little less, in 4 years. Tell me how much you see the price of uh BTC. There you go team, that was all for this daily. Don't hesitate again to click on the subscribe button to support the work. Also don't hesitate to give me the price you see for BTC in 2030. And you understood, I expect a drop. It might be that today we have a small rise to better leave again tomorrow. In short, we'll see. But you see where I'm going. I want us to return to the long RLZs and continue to go look for liquidity. In any case, there is liquidity to recover. I don't see why the market would leave it. I think it would be a very good thing to come and recover it in order to leave better afterwards. I wish you an excellent day and I'll tell you tomorrow in the daily and above all, above all, stay curious. Ciao!