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[Music] Hello friends, I hope you are doing well, that you are in good shape, that you are very happy to see you again for this Bitcoin journal this Monday, October 6, 2025, with a green crypto market and especially with altcoins outperforming Bitcoin today. We will look at our Bitcoin which made a historic record this weekend. We passed Amazon and Facebook with almost 2,250 billion dollars in capitalization. We would need to attack silver now at 2,730 billion dollars and then Google, we would need to go for 3,000 billion dollars after all that is Apple, Microsoft, Nvidia, and that will be complicated, but it's already not bad for now. The market is rather happy, it has returned well into the green, and it's normal when we look at the altcoins today, they are pushing well. After, we will have a Saturday a little bit red, a Sunday a little bit mixed. Finally, after the inverted hammer candle on Sunday, there is a green candle. So it defied the odds. Now, altcoins will head towards the upper Bollinger band. Here, around 936 billion dollars. And if this upper Bollinger band explodes, then it's a direct path to the moon. 1,000 billion in capitalization, that could be a nice surge. Can this surge happen? Yes, for now, look, there is momentum. Momentum for now, it's even rising slowly, but it is rising. Just be a little careful that, well, with Friday's close, there are some small bearish divergences that have appeared. But if altcoins explode this upper Bollinger band tomorrow or the day after tomorrow, it can explode and surpass the RSI level that created the divergence, and that will cancel the divergence. So for now, it's very nice. So we are taking advantage of the structure here. Well, quite simply, it's taking off here. If it breaks the previous high, well, in the worst case, it will make a small run with a small drop later. But all of that for an upward continuation. The objective is to reach the historic record of uh here 2021, 1020 billion dollars. Regarding our beloved Bitcoin, well, look at the break of the upper Bollinger band last Thursday. Validation on Friday. Well, okay, the Bollinger band is widening, and the price pamp slides on it. It's the same story we've seen for all these years. So as long as Bitcoin continues to tap the upper Bollinger band, which is around 125,100 dollars, it will continue to widen, and Bitcoin will simply continue to rise. There are no bearish divergences, there is momentum. For now, everything is beautiful, everything is pushing. I would add a small caveat that Bitcoin has entered the overbought zone. So from there, some will take profits, as always. In all overbought zones, these are profit-taking zones, and then after a while, it deflates a bit. So we'll just have to be a little careful. Will there be profits taken? And here the deflation will happen on the famous wave C to make an A, a B, a C, for example, on the gap which is almost at 111,000. It remains possible if we look at the futures contracts and liquidity, we see that there are indeed large leverages to be reached up to around 128,000 dollars. There are quite a few shorts positioned, you see, around 127,000 to 128,000 dollars, but there are only 3 billion dollars. On the other hand, if Bitcoin decides to take a little tour towards, for example, the gap that is here, that's 15 billion dollars in liquidity. Well, so what will happen? On one hand, we have this gap at 110,000 dollars. On the other hand, there are 15 billion to be sought at the gap. After that, there are 3 billion to be sought to the north. It can, why not, continue. Everything will depend on what the ETFs and treasury companies will do. If they continue to buy strongly this week as they bought last week relentlessly, billions of dollars at a time. Well, Bitcoin will just keep rising, that's all. We will have to follow the ETF and treasury figures. Ethereum, which continues to push well. Heading towards the upper Bollinger band at 4,767 dollars. If it breaks this upper Bollinger band with a second validation candle, it will be like Bitcoin, the band will widen and boom boom, heading towards 5,000, 5,100, 5,002, and it will push very well. Can it do it? For now, yes, there is momentum, you see, even the momentum is rising slowly, so the bulls are there. So that's rather good news. We are far from the overbought zone, so it has room to push further. There are no bearish divergences on the horizon. And at the structural level, well, as soon as it finishes correcting this, maybe it has finished, and boom, for the first impulse 7A then 7B, and then 1 for this C which can reach 5,000 or even well above. If we look at the liquidity now, we see that there is still a little bit to be sought around 4,800 dollars. Exactly 4,770, it can nibble towards 4,840. Just be a little careful that the bulk of the liquidity is unfortunately to the south. To the north, for example, there are, let's say, 5 billion to be sought around 4,800 dollars. But above, if Ethereum goes to 4,000 dollars, there are 10 billion dollars. So we will have to monitor that a little. After a while, I think it's likely to want to seek all this large liquidity waiting to the south. Regarding Solana, a small green candle here too, very nice. So for now, Solana's next resistance target is the upper Bollinger band at 253 dollars. Breaking these 253 with a first candle and a second validation candle will be like Bitcoin. Widening of the upper Bollinger band and boom boom, heading towards 300 dollars or even higher. Can it do that? Yes, it can do that. We see that there is momentum that is rising slowly. Now, it's not mega powerful, but well, it can gain even more power. You see, it continues to rise. This buying pressure continues to push all of this. Uh, for now, it is still far from the overbought zone, you see. So, it has room to rise if it wants to. There are no bearish divergences on the horizon. And at the structural level, well, it could continue this small downward movement if it makes its little bearish channel, continue to push to reach 253. And in that case, in the worst case, it will make a small run like this of continuation, a bit like Ethereum, if you like. Regarding liquidations, we can see that there is room to reach up to around 247 dollars. Large leverages towards 240, and then nibbling towards 245-247, that remains possible. There are about 700 million to be liquidated. On the other hand, like Ethereum and like Bitcoin, the bulk of the liquidations are to the south. For example, at 206 dollars, there are almost 2 billion dollars to be liquidated. Now, of course, if the market turns around, many will close their positions themselves, they will take profits. So it will be a mix of position closures which will cause sales, and also liquidations causing sales. So, can it all push? Yes, clearly. We just have to be careful that after a while, maybe by the end of the week or next week, we don't know. In fact, I think as soon as there is a small bearish catalyst, as soon as there is a small bearish spark, I think it will trigger the wave that will go to seek the liquidations to the south. But for now, we don't have that. So, as long as there is no bearish catalyst, well, it will continue to push. For now, XRP is also maintaining its kijun and its 50-day moving average and its t-line. Lots of supports together around 2.93. Next target is this resistance, the upper Bollinger band at 312, and the same story: if it breaks 312 and XRP makes two candles breaking its upper Bollinger band, it will widen, heading towards 3.50 or even 4 dollars. Can it do that? Well, it's a bit weak here, but well, it could come back, huh. We'll see what they do today, tomorrow, and for now, we are far from the overbought zone, so it has room to push. So if the bulls are there, they could well make this upper Bollinger band explode to make Ripple take off. For the structure, it can continue to zigzag to reach the high above 313. Anyway, if we look at the liquidations here, we see that there is plenty to seek well above 313 which are there. Even up to 320. Now, the large leverages are around 307, but there is enough to eat up to 313. You see, so it can absolutely nibble above this high to seek the last stops, because you know that there are many stops there, or even above this high at 318. After that, the bulk of the liquidity is to the south, like Bitcoin, Ethereum, and Solana, with about 600 million to be sought around 266. That's it. So for now, no major reversal signs on cryptos. As long as there is no bearish catalyst, as long as there is no bad news that falls, I think it will quietly make small new highs. Now, regarding the stock market, well, today it's a bit mixed. Nvidia is taking a small red hit. Well, that's why, anyway, when the biggest one takes a red hit, it stings a bit. Nvidia, which is capitalized at 4,500 billion dollars. When the biggest company in the world is very far ahead of everyone, and it's a bit red, well, it's like Bitcoin doing a bit of red, you know. Nvidia is the Bitcoin of the stock market, you want, basically. So this week, since it's the US government shutdown, the shutdown continues, there will be no macro figures. That is to say, these civil servants who give us completely false figures that are revised 10 times. They won't be there. I know you are all disappointed. We will only have the FOMC on Wednesday, the minutes of the meeting. Why is that there? Because it's the minutes of the FOMC committee, Federal Open Market Committee. So it's Powell and all his governor friends who, when they decided on many things, we will see the paper minutes that will fall. Now, these paper minutes are closely scrutinized because they will have all the details. So it could create a bit of volatility. In short, for now, investors are still bullish and continue to buy. Why? Because theoretically, a rate cut is expected for October 29th. The bearish catalyst that could sting is if Powell or Fed governors make it known that well, for the end of the month, there will be no rate cut because since no figures are coming out, they are not taking any risks, they are doing nothing. They could say that. They say this month no figures have come out, we have no data, we have no visibility, we will not cut rates, and that can be a small dip in the markets, if you like, because they won't appreciate that too much. For now, the S&P 500 is quietly stagnating at its historic record. The Nasdaq too, the Dow Jones too, European Tech too, the Euro Stoxx 600, Japan is exploding, they changed ministers, they are happy. It's a minister who is more in line with the markets. Well, so for now, everyone is doing rather well. Gold continues to explode upwards. Is it good news to see gold explode upwards? No, clearly, but well, silver is following it. That's why silver's capitalization has also exploded to 2,730 billion dollars. Well, and gold too, gold is now 26,000, 26,000 billion, 26,720 billion dollars. So it's going, there's money in it. Well, and also in terms of copper, it's exploding. So you see clearly that we are in an atmosphere where risk assets continue to explode upwards, or safe-haven assets continue to explode upwards. So it's a bit confusing, you see, because the old-timers don't quite understand what's happening. Well, crypto stocks are also exploding. Coinbase is pushing, MicroStrategy is pushing, the miners, everything is pushing. So everyone is pushing, everyone is happy. That's it. On the other hand, regarding the bond market, there's a bit of selling since Friday, these defensive values like 10-year Treasury bonds, we see that they are rising a bit, and so that simply shows a lack of confidence in the US government. So people are selling, investors are selling debt, on Friday, today, they are selling US debt, and so yields are rising, so it's less favorable. So the 10-year is being sold, so the 20-year is also being sold, and the 30-year is also being sold. That's not too good news, unfortunately. And regarding currency pairs, we see that the dollar today, well, it's being bought back, it's slightly sold, this little dollar. So for now, we only have noise as long as there isn't really a catalyst that arrives, that is to say, news for a rise or news for a fall. Well, for now, I think it will quietly go its own way with the objective of a rate cut for the end of the month. So rather a slightly bullish path. However, be careful, everything is stretched, everything is overbought. After a while, it could be a week, 2 weeks, 3 weeks, I don't want to spoil the mood. It could even be a month, 2 months, there will have to be a little purge in all of this, huh. This is the same story that will repeat itself, but for now, it's rising quietly. It's going its own way. So we're taking advantage of it, and well, I'm sending you kisses, and we'll talk tomorrow. Bye bye. [Music]