Transcription
Hello friends, I hope you are doing well, that you are in good shape, that you have a lot of energy, very happy to reconnect with you for this breaking news video of Sunday, November 2, 2025, looking at the crypto map because Bitcoin and altcoins have consolidated in a small bearish channel since yesterday. Rather good news. So on the VIP Telegram channel, I sent you a video this morning to know which direction we could go. Don't hesitate to go and see it, the link is in the description. Regarding the liquidation map, of course, we will see that in detail in this evening's video, as it is Sunday, like every Sunday, I will do a weekly type analysis this evening. I will also be live from 9 PM to 10 PM on YouTube. For now, there are still these two big clusters at the top and bottom. The bottom cluster is very well defended by big whales who have quite significant buy orders, even here at $106,000. Basically, it will be difficult for Bitcoin to go below $106 because at $106, at $107, there are big buy orders waiting to defend long positions that are around $106 and $102,000. Basically, that means breaking $106. Then it's a direct path to $102, but that will still be a good small support. And we see that above our heads, there are also good big short positions defended here by big selling positions first around $111,000, $120. After that, the next big selling positions will be at $117,000. So if Bitcoin manages to break through, roughly towards $111,000, boom, it can quickly go up to $117,000. $117 will be a bit complicated. We will look at all of that tonight. So, what are the latest news? We have comments from Jordi Visser, who is a macro analyst and a veteran at Wall Street, who is always interesting to listen to. He tells us that at the moment, Bitcoin is in an IPO phase, called an IPO, where basically some historical Bitcoin holders are withdrawing. We saw that there are old whales who have been here for 10 years, but not all of them, of course, but a few here and there, who decide to take profits, and this money goes to other investors because we see that the drop is absorbed. We can say what we want, the market isn't pretty, it's boring. Yes, it's dull, we're in a bear market. Bitcoin is still at the center, so it's holding up well. Someone who loves Bitcoin like me, well, $110,000 for me is perfect. There's no problem, you see. So, Bitcoin is still supported, it's being bought, there have been dips, because every time Bitcoin takes a hit towards $106, $107, boom, it's immediately bought. So, basically, we have old holders who have had cryptos for a long time, who have been inactive for 8 or 10 years, who are moving to sell a little, but behind them, new investors are buying. And he tells us that today, it's like an IPO. Basically, he tells us that in the traditional world, this moment is called an IPO. It's the moment when the first investors realize their gains and when the enthusiasm for the concentration of Bitcoin in a few portfolios that hold a lot of Bitcoin makes room for distribution, but rather for longevity, because it's better for many people to have a little Bitcoin than for a few people to have a lot of Bitcoin. You see, it's too concentrated, it's not good. It's the same for altcoins. So, it's the first investors who are passing the baton to holders who are there more for the long term. Okay, who are buying more expensively but who are there for different motivations. The old ones are taking profits, it's perfectly normal. When you bought Bitcoin for less than €1, and it's worth $100,000, you want to take profits. On the other hand, someone who buys around $100,000 has more of a long-term vision, you see. And so, for him, it's like an IPO. Now, IPOs are quite boring, they can be long. We have Bitcoin, basically, also between $106,000 and $116,000, and this period of consolidation could continue for a long time. Jordi tells us, well, stagnation like this drives everyone crazy. The fundamentals remain good. The market is generally rising. On the other hand, the price action is at a standstill. It's a frustrating consolidation. Investor morale is at its lowest. And we've done this twice before. Remember. We did this in 2024. We spent 9 months consolidating Bitcoin from $74,000 down to $48,000. However, that consolidation was very good news. It was very bullish, and it didn't fail to explode. It allows you to DCA quietly for months, to reload your bag. These are boring periods, but they allow those who are there for the long term to get a bigger bag. And we had this at the beginning of the year with Trump's tariffs. We spent 4, 5, 6 months correcting similarly, going from $110,000 to $74,000. Many capitulate, there's always a phase of capitulation, a last little bearish phase, but those who stay are always rewarded. In any case, I'm talking about Bitcoin, of course. For now, the crypto fear index, which reflects market sentiment and fear, because people are saying, "Oh my god, what's going to happen?" The week has been red, it's not very pretty, but the fundamentals are still there. Bitcoin network hashrates are at new highs, meaning miners are still there and more and more miners are connecting machines to the Bitcoin network to run and earn money with Bitcoin rewards, you see. And then we still have the growing adoption of stablecoins worldwide. And we must not forget that stablecoins are the gateway to cryptocurrencies. If you want to buy cryptos, you need stablecoins, and luckily, stablecoins are increasingly adopted by everyone, and the capitalization of stablecoins is exploding upwards, you see. And so, Jordi also tells us that in a bear market, there are no buyers. What many think is that it's over, we're in a bear market. In a true bear market, prices collapse because no one buys, there are only sellers. And he says, "But look at what's happening. Bitcoin is consolidating, it's not collapsing. This drop is offset by purchases. The price is not reaching new lows, it's staying within a range." And that's very good news. It's just a boring phase of distribution and accumulation. Some are distributing, others are accumulating. But we must keep in mind that there is accumulation. If there wasn't accumulation, boom, boom, boom, boom, it would be going down to hell. Then yes, there would be reason to panic, you see. So, according to him, the phase should continue for some time, around 6 months. Now, that's what he thinks, for now, we don't know anything. What we do know is that Bitcoin has entered a corrective structure. We always know, we don't know in advance if it's a small or large correction. What we know is that it will be a medium or large one, clearly. It will depend on wave A and all that. Well, I talk about it almost every day, and so yes, it can last for many more weeks, clearly, which can turn into several months. That remains possible, but it's not a bear market, it can be a consolidation. Bitcoin can even go to $92,000 in 2, 3, 4 months, it will be a long consolidation. I am very happy to continue DCAing during long consolidations because after long consolidations, there are also big explosions that follow, you see. So, he tells us in conclusion, for now, we should expect continued consolidation. Bitcoin should continue to frustrate investors. General sentiment should remain negative for some time. But be vigilant because no signal will be given. This is what he says, I quote, the trend reversal will simply happen because the good news is already there, and often you have this: it corrects, it consolidates, consolidates, consolidates, and at some point, when everyone is really in the mode of "It's over, crypto is useless, I should never have gotten into this," then bam! Explosion! The same music repeats, there's a high probability that we are in this same music. So, it's true that October ended a bit in the red, and so everyone is in the mode of "Oh my god, this is unprecedented in 6 years, since 2018, October ended in the red, we're all going to die." In October, which ended with a small -3%, oh my god, it's the end of Bitcoin, it's the end of cryptos. Well, that's completely stupid. So, now many are turning to November because November is the most bullish month for Bitcoin ever. So, it's true that there has been good news and bad news. We have the Fed's rate hike, the end of QT that is coming. On the other hand, well, the problem is that Powell has cooled the markets a bit by saying, well, the December rate hike might not be expected. You see, that's the idea. So, of course, we'll have to wait for the macro data that will come out in November and December. The problem is that the US government is currently closed, so there's no data, you see. So, it's normal that investors are cautious, and cautious investors are investors who don't buy much, who buy the dip a little, you see, who buy. But they are not investors who will go into YOLO mode, "Let's go, I'm buying." That's exactly what we're seeing because the market is a bit fearful. Investors buy the dip of Bitcoin because as soon as Bitcoin takes a hit at $106, $107, it's bought back immediately, it takes off again, you see, but this buy the dip doesn't FOMO on a rise, you see. So, it's normal. For now, the charts are doing very well. Yesterday, I did a monthly analysis that doesn't show we're in a bear market. I'm doing a weekly analysis tonight as well to confirm all of this in the late afternoon, as usual. We'll see what the weekly says. Bitcoin is also between $107,000 and $116,000, so as crypto trade says here. Basically, if Bitcoin breaks $107,000, it's bad. And it's funny because look, if you look at the liquidation map here, you see that yes, if Bitcoin breaks $107,000, or rather $106,000, it's a descent, at least to $102,000. On the other hand, if little darling Bitcoin breaks $116,000, or rather $117,200 exactly, it's a magnificent comeback that will happen. So, we'll see. The Bollinger Bands are very compressed on the 1-hour chart, they are also compressed on the monthly chart. Will we have a rise because there will be a resolution? If the Bollinger Bands explode upwards, it will be a very green November and December. You should know that November has an average rise of 42.5% since 2013. So, November is like a rocket. Will it be a rocket this month too, or will November be a terrible month, like in 2022, 2021, 2019, and 2018? Well, these are just statistics that tell us that there is a higher probability for it to be green, but this is a matter of probability. So, Mat Island also tells us that the Bollinger Bands on the monthly chart are very compressed because volatility is crushed. That is to say, you haven't done anything for several months. So, volatility crushes, and at some point, boom, it explodes. And he tells us that every time here, the Bollinger Bands, the yellow line going down, means that volatility is crushing, and every time since 2012 that the Bollinger Bands have been crushed in terms of volatility, that's when there's an explosion upwards for Bitcoin. Volatility crushed, explosion. Volatility crushed, explosion. Every time, you see. So, the explosions are getting weaker, but when there have been volatility crushes, the resolution has often been upwards. So, since we have these very compressed Bollinger Bands, and most of the time it can be upwards, and November is the most bullish month, we could say, yes, why not? We could have an explosion upwards, but it could happen within a month. So, Bitcoin can also go to $100,000 before that. You see, you have to keep your feet on the ground. So, last news, if you have a tissue, grab it because you might vomit, because this news comes from the President of the European Central Bank, Christine Lagarde, and her son Jean-Charles Édouard, who got burned buying big shitcoins and meme coins, and who told his mom, "Cryptos are too useless, they're for thieves, they're for traffickers, and they're for rapists of little penguins from Madagascar, they must be banned." And mom Christine said, "Yes, son, you're right, cryptos are too useless, we're going to ban them, but we're still going to create a crypto to rule them all." One crypto to rule them all, my precious. And that's the central bank digital currency. And so, Christine made a publication on Friday before the weekend, because she won't work on the weekend, or yesterday, a holiday. Wait, oh, okay. And so she tells us, "Yes, we must quickly create this central bank digital currency as a unifying force for the European Union." That's what she declared. So, I'm quoting, I'll take on Christine's accent, even if thousands of banks will continue to circulate, we want cash to exist in the form of a digital euro. It's a major project, the euro is our currency. Ours, the leaders, not yours, the people. It's especially for you, the people, to control, to see a bit what you're doing. Well, our currency unites us. It's a symbol of trust between our common destinies. Oh yes, of course, we especially have the same destiny. Ah yes, clearly, you and the common people have the same destiny. Well, let's go for digital, and in the preparations, and the last thing, well, I'm sorry if you vomited because every time she speaks, well, right now it's Halloween, and she's being called a witch by everyone. And so, we have the Governing Council of the ECB. So, you can imagine a council, we have René who understands nothing about crypto, who has never read anything about crypto, who says, "Yeah, we have to do this." You have Robert who says, "Yeah, let's control people, we have to control the people, we have to control their money. If we control people, we control the people, and so we'll create a central bank currency." So, they said, "We're moving forward, we're putting in place the necessary infrastructure, we're going to deploy the central bank currency. The launch is planned for 2029. Now, we know very well that Europe is truly the continent of innovation where everything happens quickly. Of course, it's humor, everything is always late. How many years late is Ariane 6, you see? How many billions were spent extra on Ariane 6? So, let's stop. Europe doesn't work. All countries are pulling the blanket towards themselves. In my profession, I see a bit of what's happening at the European level too. Everyone, each country is pulling the blanket towards itself. When you say yes, all countries are together, before they are together. But no, each one wants to keep a little secret for themselves. So, Europe, it's just the word, the rest ultimately doesn't work, between the rest. Anyway, so the launch is planned for 2029, if European legislators adopt legislation authorizing the ECB, knowing that there are many who are against it, of course, the ECB, well. And so, regarding the crypto world, of course, the ECB's central bank currency is perceived as contrary to the fundamentals of crypto, decentralized finance. It's true that it's the technology that is turning against what Satoshi Nakamoto and Saf created, which was to give monetary sovereignty to people. Monetary sovereignty for people means that they themselves own their money and manage it. and have to go through an intermediary like a bank or someone above them who will tell them how to spend their money, what to do, what you're not allowed to do with your money. That's the big joke. Your money is monitored, it's controlled, and you're told what you're allowed to do, what you're not allowed to do, and especially what you're allowed to do is pay the maximum amount of taxes, and that's happening more and more, you see. And so, this will create a digital prison, as crypto people say, likely to jeopardize civil liberties, freedom of expression, and human rights. That's clearly it. They want to control your money because if they control the money, they control the people, quite simply. The bank itself. You go to the bank and say, "I want to withdraw X amount." Uh, yes, why? What do you want to do with it? Uh, wait, we can't withdraw money like that. Uh, you have to tell us, finally, blah, blah, blah, you have to sign papers. So, your own money in the bank, you can't really do what you want, you see. So, imagine a central bank currency. So, of course, this has sparked a lot of criticism from the crypto community. Some say, "We will not use private funds. We don't want your ECB currency." This is Mert Moutaz, CEO of Elus. But many people have insulted him, normally, in the crypto world. And so, he also tells us that the common currency is a symbol of trust between our common destinies, but the creation of a central bank currency erodes this trust by opening the door to real-time surveillance of our payments, our spending habits, and it will be very easy to freeze funds with a central bank currency. Anyway, and so there are indeed legislative proposals that have been submitted by other European parliamentarians in France and Germany to ban central bank currencies and promote Bitcoin, as they are doing in the United States. But between us, why do they want to quickly create this central bank digital currency? Because they see that cryptos are gaining more and more traction, and to counter the crypto world, they need to create the opposite, which is also a digital currency, but one that is totally controlled. And in their minds, they would like to ban all cryptos, but they can't, and have their own crypto to control people. That's how they see the future, in the good continuation of things, in the control and surveillance of people's money, because if you control and surveil their money, you control and surveil people, quite simply. Everything goes through money. So, friends, that's it for this little morning news video. I hope you enjoyed it. We'll meet again tonight for the weekly analysis, as usual, at 9 PM for the live stream, as every Sunday evening. I send you kisses and see you later. Bye bye.