Transcription
Hello friends, I hope you are doing well, that you are in good shape, that you are very happy to reconnect for this breaking news video on Thursday, November 6, 2025, in front of a crypto map, and you will see, there is a lot of good news. If this morning, you are not in good spirits, if you are a bit disgusted, your little love fool will give you back some energy, you will see. So, we have a nice green map here because cryptos are making a good little recovery after completely crashing on Tuesday and Wednesday. Now, the Asian market is waking up slightly, no, it's the other way around, slightly selling here as we can see, but it's not much, it's about -1%, so it's not scary at all. If we take a little look at the traditional market. So yesterday it closed more or less in the green, except for Nvidia which was -1.75%, Microsoft -1.39%. The rest of the FAANGs were in nice green like Google, +2.44%, those are nice candles, but you also have +1.38%. The Nasdaq and S&P 500 closed in the green, futures are slightly in the red, you see, but it's still very light. So there's nothing dramatic for the opening of Wall Street for now. Especially since there are no macro figures that are going to be released, you see. So yesterday afternoon around 4 PM, we had the ISM Services which shows that the American economy, particularly the service sector, is doing much better than expected. So, listen, rather good news for the American economy. Today, no important macro figures, nor tomorrow. Tomorrow, theoretically, we were supposed to have all the employment figures, but we have nothing because the American government is still closed. Historic record for the shutdown, it's the first time in the history of the United States that the government has been closed for so long. Why is it closed? Because the Republicans and Democrats have not agreed on the budget. Oh, the poor things, you see, they haven't agreed. So everyone is at home. Oh, it's not a big deal. There you go. Anyway, what is the market showing us right now? We see that Bitcoin is regaining color. Ethereum too, the S&P 500 is starting a small correction. The Nasdaq too. Is it just a small correction to push even harder? We hope so because, of course, if the S&P and Nasdaq start a much deeper correction, then cryptos might take a bit more of a hit too. Knowing that gold is regaining some strength. The dollar has been correcting a bit since Wednesday, which is rather good news for us. And the US dollar, Treasury bonds are being bought back quite a bit. No, it's the other way around, it's this one. This shows that investors are moving a bit towards defensive assets, which are here, and Treasury bonds. We'll look at that in detail tonight. Let's take a quick look at the liquidity here, after having well drained the large mattress that was to the south around 9898. Is little Bitcoin love going to start to eat a bit of what's happening? Now, it's facing unpleasant sell orders around here at $104,000. You see this big red line? Those are the not-so-nice sell orders that don't want to let it pass. However, if it manages to break $104,000, roughly upwards, the direction is to eat them at least up to $109,300 with this small sell wall that will be waiting here around $110,000. $110,000 won't be easy to pass. And if $110,000 is passed, the minimum direction is $116,000 to eat everything to the north. We understand well that a little trip to $96,000 is still possible. This morning, I spoke about it in the video on VIP Telegram, and tonight the analysis video, we will look at all of that in detail. So, a lot of good news has come out. First, yesterday Trump gave a speech during the first day of the Africa American Forum in Miami, which lasts for 2 days. And so he spoke about cryptos and he said quite a few really bullish phrases, rather positive for the market. Now, whether you like Trump or not, we don't care. But when the President of the United States talks to you about cryptos, especially Bitcoin, and in a positive way, well, it's always good for the market, clearly. So he says, I quote key phrases, "We are here to support a vital sector in Miami." He's talking about cryptos. He has put a lot of emphasis on crypto. He says, "I have also signed historic executive orders to end the federal government's war on cryptocurrencies. Cryptocurrencies were under siege, you see, during the Biden administration. Now they are not anymore." He tells us, "Cryptos are a major sector, it's an important sector, and I know many formidable people and excellent businessmen who are involved in cryptocurrencies." He also established a link between cryptos and the US dollar. He says that cryptos considerably alleviate pressure on the dollar. It represents many advantages. He says that Biden was ruthless towards cryptos. It was terrible. And now, in fact, the most bullish phrase he presented, a bit about the American objective regarding cryptos. He said, "We are making the United States the Bitcoin superpower, the global crypto capital." Well, it's good to say that, you see. When I heard him say, "We are making the United States the Bitcoin superpower." There, it's great. I find it magnificent. It gave me a little shiver of pleasure, you see. It's very beautiful. Well, and so he also says, let's not forget that we must master the crypto sector before China because China wants to get into it, other countries want to get into it too, and if we don't do it correctly, it's a huge sector that we're missing out on. In short, he says, well, we need to get into cryptos, otherwise others will. They will steal the cryptocurrency pie from us too, you see. Well, so this is rather bullish. Now, he just said phrases like that. He didn't say anything about a crypto timeline with what might happen later. No new directives. He didn't talk about the Bitcoin reserve fund they want to create. Well, it's just talk, but well, rather bullish talk regarding cryptos. So that suits us, you see. Well, I prefer that rather than him saying cryptos are for criminals, for money launderers, all that stuff that they tell us in Europe, you see. So it's not the same discourse. Now, what tells the truth are the on-chain data, as usual. I'll tell you about that. Don't forget, during the 2 summer months, the on-chain data, all the on-chain data that I shared with you said, beware, beware, it stinks, it stinks, it stinks, it stinks. It didn't fail. Your little love fool built up a reserve of stablecoins all summer because the on-chain data wasn't good, and it didn't fail, it dropped. Now, we're starting to have on-chain data that says, ah, it smells good, it smells good. It leads to crypto bullishness, as usual, showing that buyers have added 375,000 Bitcoin in a single month. Now, you'll tell me, "Ah yes, but well, what are the sellers doing?" You'll see, it's going to be very interesting. Already, we are told that yes, there are sellers, or rather, Bitcoin holders who are selling, clearly. So there's quite strong pressure from sellers, but we have even stronger pressure from buyers. We have addresses called accumulator addresses. These are addresses that have never sold, that just keep accumulating, accumulating, accumulating, accumulating. Okay? And so, they set a new record in October, get this, with over 375,000 Bitcoin accumulated in the last 30 days. These accumulation addresses have just set a new absolute record for Bitcoin purchases, never seen before in the history of Bitcoin accumulation. On Tuesday alone, they bought 50,000 Bitcoin. So yes, there are sellers, you see, who are selling because they are scared. Oh my god, we're all going to die. And behind them, we have the accumulator addresses that have made a historic accumulation record. Look at this, it's unprecedented. 375,000 Bitcoin bought in 30 days, simply. And so, after that, everyone chooses the side they want to be on. I'm more on the side of those who will continuously accumulate, continuously, all the time, all the time, and even more so when Bitcoin corrects. And then there's the other part, those who say, "Oh, I'm too scared, I'm selling, I'm selling." Then it's up to you to decide where you want to go, simply. And so, the on-chain analysis also tells us, "In 2 months, the monthly average has more than doubled, going from 130,000 to 262,000 Bitcoin, accumulation is accelerating." So this is very good and very bullish, of course. After that, it doesn't mean the bottom is right now. Maybe Bitcoin will continue. Maybe Bitcoin will go to $92,000. We don't care. What we have before our eyes are the on-chain data showing that addresses continue to accumulate and the acceleration of accumulation, you see, continues. It's very beautiful. It's very beautiful. Well, another thing too, some are panicking, saying, we're all going to die. After that, well, yes, when you see the state of some altcoins, it's not good. It's not good. Some altcoins have a big bear market look, others less so. Well, so it's certain that some looking at their portfolios say, "Well, Foufou, this is nonsense. My portfolio is down 80%. My altcoins are at their 2020-2021 levels." Yes, there are altcoins that have returned to their 2021 bear market levels, clearly. So it's understandable when some tell you nonsense, we're in a bear market, look at my altcoin. Well, it's because you went for very bad altcoins, simply. Altcoins that haven't found their investors and therefore have crashed to 2021 levels. There are much nicer altcoins, okay? Others are extremely ugly. I'm talking about Bitcoin. These are on-chain Bitcoin analyses, not on-chain altcoin analyses, and unfortunately, it's a cycle where Bitcoin is very decoupled from altcoins. Bitcoin has its own little life. Why? Because since Bitcoin has opened the doors to traditional finance with all these investment vehicles like ETFs, treasury bills, things like that, it's totally decoupled. Gone are the days when Bitcoin and altcoins fluctuated together. Bitcoin has taken its own path a bit, with billions of dollars coming in through traditional finance. And so, Bitcoin has always had corrections, and in this current cycle, the corrections are baby, they are insignificant, they are nothing. Bitcoin has had corrections of -20% to -25% in this cycle, and now we are in a similar correction of -20%. So the correction we're having is something trivial, that's what Glassnode tells us. They tell us that in this cycle, the typical correction has been between -20% and -25%, with some corrections around -30%. The current correction is -21%, which is completely normal. So nothing unusual. We've had plenty of -20% corrections, even -30% at the beginning of this year, last year, and now we're at -21%. So there's absolutely no need to be afraid. I'm talking about Bitcoin, of course, because I know that in your messages, some will tell me, but no, my altcoin is down 80%. You shouldn't have gone into your altcoin. Why didn't you just stick to Bitcoin? You see, you took risks, and you are taking risks. Unfortunately, well, that's the price to pay. Now, can Bitcoin recover for 2025? Is a bottom not far away? Well, CryptoQuant tells us yes, a bottom is not far away with several on-chain analysis data. For example, the supply in loss, which shows us a bit, well, the percentage of Bitcoin in loss. We have about a third of Bitcoin in loss, and the last time we had such a percentage of unrealized Bitcoin in loss was during the bottom of this year in April, and it was also during the bottom in 2024. Well, can we have the bottom right away? We don't know, you see, maybe yes. This indicator tells us that at worst, the bottom is not very far. Now, be careful, Bitcoin can go to the gap at $92,000. Okay? Because a bottom isn't immediate. You see that it takes time. Several times it has touched this supply loss zone of about 30%, you see. And so it's not like a peak and that's it. Yes, the bottom is right away. It can still dip for a week, you see, but in any case, we are closer to a bottom than a top. Or in other words, a bottom is starting to form. After that, it can take a week, 10 days to form a bottom. It's not immediate, immediate. So what do I do? I continue to DCA Bitcoin calmly. There you go. Yes. Simply. So nearly a third of Bitcoin holders are in loss, latent losses, okay, unrealized. Some realize them, like here, this other on-chain analysis which shows that short-term holders are selling at a loss. Basically, when the short-term holder SOP, which shows you the last time at what price Bitcoin was exchanged, allows you to see if they sold at a profit or a loss, and here it has gone below one. So short-term sellers, those who bought Bitcoin, in fact, Bitcoin investors for less than 6 months are selling at a loss. These are capitulation phases, phases that last a bit. It's not going up right away today, they are at a loss. That's it, it's the bottom, it's going to the moon, it takes time. Personally, I think the bottom is not immediate. It can still hit $100,000, $95,000, it can hit $92,000, but in any case, we won't go to $50,000. That's what you should remember above all. So we have quite a bit of on-chain data that is rather bullish, showing that a bottom is not far away. You just need to hold on a bit longer, maybe wait a week or two, and then things are likely to be rather good, personally. That's what I think because the on-chain data tells me that. I listen to the on-chain data, the ones that tell the truth. Give me kisses. Thank you for listening. We'll meet tonight for the analysis as usual. Have a good day, see you tonight. Bye bye. [Music]