Bitcoins Last Major Support: Here's My Plan.
Bitcoins Last Major Support: Here's My Plan.
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights
  • Consider scaling into Bitcoin (BTC) around $73,000–$75,000, while keeping cash available; a break below $72,000–$73,000 would weaken the support thesis.
  • Solana (SOL) offers a potential rebound trade toward $100; avoid adding above $90.50, and watch $80–$85 if prices fall.
  • Watch for Ethereum (ETH) to close above $2,150 before treating a recovery as confirmed; $1,900–$2,000 is the cited support zone.
  • Build NEAR Protocol (NEAR) gradually near trend support, with $2.90 as another potential entry area, and watch Render (RENDER) for accumulation around $1.40–$1.60.
Detailed Analysis

Bitcoin (BTC)

  • The speaker sees Bitcoin near high-timeframe support, including the 200-day moving average and prior lows around $75,000.
  • A possible support zone is $73,000–$75,000. The speaker expects a strong bounce from this area, but says a failure to bounce convincingly could bring attention to the late $60,000s.
  • The scenarios discussed include:
    • A bounce toward $82,000, followed by either a pullback that forms a higher low or another attempt lower.
    • A move above $83,000–$84,000, which the speaker says could open the way for a stronger recovery.
    • A breakdown below $73,000–$72,000, with another support area near $71,000.
  • The speaker says they are prepared to deploy up to 70% of their portfolio into the market over the long term, leaving 30% in cash in case prices fall further.

Takeaways

  • The speaker’s outlook is conditionally bullish around the support zone, but a failed bounce or a break below support would weaken that view.
  • Their stated approach is to keep some cash available rather than invest the entire allocation at once.
  • The price levels are the speaker’s technical-analysis scenarios, not guaranteed support or price targets.

Solana (SOL)

  • The speaker says they have opened a SOL long and would not add to it above $90.50.
  • The trade setup is based on a possible rebound toward $100.
  • If the market falls further, the speaker identifies $80–$85 as a possible Solana support area.

Takeaways

  • The speaker’s short-term trade idea is a rebound toward $100, with $90.50 serving as the stated ceiling for adding to the position.
  • The discussion also identifies $80–$85 as a lower area to watch if prices decline. The transcript does not specify a stop-loss or a time limit for the SOL trade.

Ethereum (ETH)

  • The speaker says ETH is approaching its 200-day moving average and major support trend lines.
  • They identify roughly $1,900–$2,000 as a possible support area if the market continues lower.
  • The speaker describes ETH as forming a bullish candle and says a close above $2,150 could support a strong recovery the following week. They compare the setup to an earlier candle that was quickly reversed, but do not give a specific upside price target.

Takeaways

  • The speaker’s bullish signal is conditional on ETH closing above $2,150; that level is worth watching rather than treating as a confirmed reversal.
  • $1,900–$2,000 is the lower support zone mentioned if weakness continues.

Altcoin Market

  • The speaker says the broader altcoin market has reached a technical support area after dipping below its 200-day moving average and touching a 0.618 Fibonacci retracement.
  • They expect a possible bounce toward a trend line, while warning that another downward leg remains possible if support does not hold.
  • The speaker sees altcoins strengthening relative to Bitcoin as Bitcoin’s dominance falls. They describe this as a possible Bitcoin “catch-up” phase, in which altcoins may hold up better even while Bitcoin is still declining.
  • For short-term trades, the speaker says they are taking selective altcoin longs after one-hour chart breakouts, aiming to exit into a quick rebound that could take three to four days.
  • For longer-term positioning, they say they are accumulating “blue chips” gradually and keeping some cash aside in case the market drops further.

Takeaways

  • The discussion favors selective buying near support rather than chasing prices after a rally.
  • The altcoin-bounce thesis depends on support holding; the speaker explicitly notes that a further leg down is possible.
  • The speaker describes a short-term trading approach with stop-losses below a trend line and moving the stop to entry if price makes a new high. These are the speaker’s methods, not a guarantee of limiting losses.

NEAR Protocol (NEAR)

  • The speaker identifies NEAR as approaching a momentum trend line and says they are beginning to build a long-term position.
  • A second potential buying area is identified around $2.90.

Takeaways

  • The speaker’s plan is to build a position gradually near the trend support, with $2.90 as another area to watch if the price falls.
  • The transcript does not provide a price target or timeline for NEAR.

Chainlink (LINK)

  • The speaker points to Chainlink’s 200-day moving average, momentum trend line, and horizontal support as areas for potential accumulation.

Takeaways

  • The speaker’s approach is to watch for LINK to hold or react around these support areas before building a position.
  • No specific price levels, price target, or timeline are given.

Avalanche (AVAX)

  • The speaker identifies AVAX’s 200-day moving average and nearby horizontal support levels as potential entry areas.

Takeaways

  • The discussion frames those technical levels as possible accumulation zones, not as confirmed support.
  • No specific price target or timeline is mentioned.

Render (RENDER)

  • The speaker says Render is slightly below its 200-day moving average but is approaching a momentum trend line.
  • The potential accumulation zone identified is approximately $1.40–$1.60.

Takeaways

  • The speaker is watching $1.40–$1.60 as a possible area to build a position, while noting that Render is below its 200-day moving average.
  • No price target or timeline is given.
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Video Description
Bitcoin is approaching a critical support level, and the next move could be decisive. In this video, Sheldon breaks down Bitcoin’s last major support zone, the key levels to watch, and his trading plan for what comes next. Will BTC hold the line and trigger a recovery, or are we looking at another leg down? Sheldon shares his market outlook, potential scenarios, and the levels that could shape Bitcoin’s next big move. Stay prepared, manage your risk, and don’t miss the plan. ______________________ 🎯 𝗦𝗡𝗜𝗣𝗘𝗥 𝗖𝗟𝗨𝗕 - 𝗧𝗿𝗮𝗱𝗲 𝗦𝗺𝗮𝗿𝘁𝗲𝗿! 𝗪𝗶𝗻 𝘄𝗶𝘁𝗵 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆, 𝗻𝗼𝘁 𝗟𝘂𝗰𝗸! ☑️ Your daily hub for trading insights, trade ideas, and community. 👉 𝗕𝗲𝗰𝗼𝗺𝗲 𝗮 𝗦𝗻𝗶𝗽𝗲𝗿: https://sniperclub.net/JoinSniperTradingYT 🚀 𝗜𝗡𝗦𝗘𝗥𝗧.𝗧𝗥𝗔𝗗𝗘 - 𝗧𝗿𝗮𝗱𝗲 𝗖𝗮𝗹𝗹𝘀 𝘁𝗵𝗲 𝗠𝗼𝗺𝗲𝗻𝘁 𝗧𝗵𝗲𝘆 𝗟𝗮𝗻𝗱! 👉 Free for Sniper Club members: https://app.insert.trade/ 🎁 𝗦𝗣𝗜𝗡 𝗧𝗢 𝗪𝗜𝗡 - 𝟭 𝗼𝗳 𝟮𝟬 𝗶𝗣𝗵𝗼𝗻𝗲 𝗗𝘂𝗼𝘀 + 𝗥𝗲𝘄𝗮𝗿𝗱 𝗨𝗽 𝘁𝗼 $𝟭,𝟬𝟬𝟬! 👉 Join here: https://rewards.cryptobanter.com/r/sheldon ______________________ 𝗧𝗥𝗔𝗗𝗘 𝗪𝗛𝗘𝗥𝗘 𝗦𝗛𝗘𝗟𝗗𝗢𝗡 𝗧𝗥𝗔𝗗𝗘𝗦! ⬇⬇⬇⬇⬇⬇ 💰 𝗪𝗘𝗘𝗫 - 𝗨𝗽 𝘁𝗼 $𝟯,𝟬𝟬𝟬 𝗦𝘁𝗮𝗿𝘁𝗲𝗿 𝗣𝗮𝗰𝗸 + 𝗖𝗮𝘀𝗵𝗯𝗮𝗰𝗸!! 🔥 Claim up to $3,000 in BTC position airdrops, plus 10 USDT cashback! 1️⃣ Deposit $100 USDT and make your first spot trade ➡️ Eligible spot pairs: BTC/USDT, ETH/USDT, SOL/USDT 2️⃣ Transfer & trade ≥ 100 USDT in futures ⏰ Event period: Oct 30 – Nov 12, 2026 👉 Join now: https://bit.ly/WEEX-Wed-Nov 🏆 𝗕𝗬𝗕𝗜𝗧 𝗪𝗦𝗢𝗧 - 𝗦𝗵𝗮𝗿𝗲 𝗨𝗽 𝘁𝗼 𝟭𝟬,𝟬𝟬𝟬,𝟬𝟬𝟬 𝗨𝗦𝗗𝗧 𝗶𝗻 𝗥𝗲𝘄𝗮𝗿𝗱𝘀! 👉 Join now: https://partner.bybit.com/b/wsotsheldon 🟡 𝗡𝗲𝘄 𝘁𝗼 𝗕𝘆𝗯𝗶𝘁? 𝗚𝗿𝗮𝗯 𝗮 $𝟱𝟬 𝗦𝗶𝗴𝗻 𝗨𝗽 𝗕𝗼𝗻𝘂𝘀! 👉 Sign up: https://bit.ly/bybit-sheldon 🟩 𝗞𝗔𝗟𝗦𝗛𝗜 - 𝗧𝗿𝗮𝗱𝗲 $𝟱𝟬 & 𝗚𝗲𝘁 𝗮 $𝟮𝟱 𝗕𝗼𝗻𝘂𝘀 + $𝟱𝟬𝟬 𝗪𝗲𝗲𝗸𝗹𝘆 𝗚𝗶𝘃𝗲𝗮𝘄𝗮𝘆!!! 👉 Sign up: https://kalshi.com/p/sheldon ✅ Trade Leveraged Perps in 190+ countries 🟧 𝗕𝗟𝗢𝗙𝗜𝗡 – 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝗡𝗼𝘄 𝘁𝗼 𝗚𝗲𝘁 𝗮 $𝟵𝟬𝟬 𝗙𝗿𝗲𝗲 𝗣𝗼𝘀𝗶𝘁𝗶𝗼𝗻 𝗧𝗿𝗮𝗱𝗲 +𝟮𝟬% 𝗗𝗲𝗽𝗼𝘀𝗶𝘁 𝗕𝗼𝗻𝘂𝘀! 👉 No KYC! Sign up: https://blofin.com/invite/Sheldon 🟥 𝗧𝗢𝗢𝗕𝗜𝗧 - 𝗗𝗲𝗽𝗼𝘀𝗶𝘁 𝗮𝗻𝗱 𝗧𝗿𝗮𝗱𝗲 𝘁𝗼 𝗪𝗶𝗻 𝗨𝗽 𝘁𝗼 𝟲𝟬,𝟴𝟱𝟬 𝗨𝗦𝗗𝗧 𝗮𝗻𝗱 𝗠𝗼𝗿𝗲!! 🎁 New users will receive a 50 USDT Bonus! 🎁 Plus, get a 20% rebate when you deposit! Up to 800 USDT! 👉 𝗦𝗶𝗴𝗻 𝘂𝗽: https://bit.ly/Toobit-Sheldon ⬛️ 𝗩𝗔𝗥𝗜𝗔𝗧𝗜𝗢𝗡𝗔𝗟 𝗢𝗠𝗡𝗜 - 𝗧𝗿𝗮𝗱𝗲 𝘄𝗶𝘁𝗵 𝗭𝗲𝗿𝗼 𝗙𝗲𝗲𝘀 + 𝗚𝗲𝘁 𝗮 𝗕𝗮𝗻𝘁𝗲𝗿 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝟭𝟱% 𝗣𝗼𝗶𝗻𝘁𝘀 𝗕𝗼𝗼𝘀𝘁! 1️⃣ Connect your wallet: https://omni.variational.io 2️⃣ Once your wallet is connected, use code: OMNISNIPER 🚨 Note: If you don’t use the code above, you won’t get the 15% Points Boost! 🟦 𝗙𝗢𝗠𝗢 - 𝗚𝗲𝘁 𝗘𝗫𝗖𝗟𝗨𝗦𝗜𝗩𝗘 𝟭𝟬% 𝗢𝗙𝗙 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗙𝗲𝗲𝘀! 1️⃣ Sign up: https://fomo.family/r/SheldonSniper 🎁 𝗕𝗜𝗧𝗙𝗨𝗡𝗗𝗘𝗗 - 𝟱𝟱% 𝗢𝗳𝗳 + 𝟮𝟬𝗫 𝗟𝗲𝘃𝗲𝗿𝗮𝗴𝗲! 👉 𝗦𝗶𝗴𝗻 𝘂𝗽: https://bitfundedxsheldon.com/ ______________________ 𝗙𝗢𝗟𝗟𝗢𝗪 𝗦𝗛𝗘𝗟𝗗𝗢𝗡! ⬇⬇⬇⬇⬇⬇ 👉 𝗫: https://x.com/Sheldino_D 👉 𝗜𝗻𝘀𝘁𝗮𝗴𝗿𝗮𝗺: https://bit.ly/sniper-insta 👉 𝗔𝗹𝗹 𝗦𝗼𝗰𝗶𝗮𝗹𝘀: https://linktr.ee/sheldon_the_sniper 📺 𝗦𝗛𝗘𝗟𝗗𝗢𝗡 𝗧𝗛𝗘 𝗦𝗡𝗜𝗣𝗘𝗥 - 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗣𝗲𝗿𝘀𝗼𝗻𝗮𝗹 𝗬𝗼𝘂𝗧𝘂𝗯𝗲 𝗖𝗵𝗮𝗻𝗻𝗲𝗹! 👉 https://www.youtube.com/@officialsnipertrading ______________________ 👁️‍🗨️ 𝗖𝗿𝘆𝗽𝘁𝗼 𝗕𝗮𝗻𝘁𝗲𝗿 𝗮𝗯𝗶𝗱𝗲 𝗯𝘆 𝘁𝗵𝗲 𝗳𝗼𝗹𝗹𝗼𝘄𝗶𝗻𝗴 𝗰𝗼𝗱𝗲 𝗼𝗳 𝗰𝗼𝗻𝗱𝘂𝗰𝘁: 👉 https://www.cryptobanter.com/our-ethics/ We take our code of ethics very seriously and have engaged @zachxbt (https://twitter.com/zachxbt) to monitor our progress. If you feel we’re not living up to it and have hard evidence please mail ZachXBT directly at reportcb@protonmail.com (mailto:reportcb@protonmail.com) ⚠️ 𝗕𝗘𝗪𝗔𝗥𝗘 𝗢𝗙 𝗦𝗖𝗔𝗠𝗠𝗘𝗥𝗦 𝗜𝗡 𝗢𝗨𝗥 𝗖𝗢𝗠𝗠𝗘𝗡𝗧𝗦 𝗔𝗡𝗗 𝗖𝗢𝗠𝗠𝗨𝗡𝗜𝗧𝗬 𝗖𝗛𝗔𝗡𝗡𝗘𝗟𝗦 ________________________ Crypto Banter is a live-streaming channel that brings you the hottest crypto news, market updates, and fundamentals of digital assets. Join the fastest-growing crypto trading community to get notified on the most profitable trades and the latest crypto market updates & news!! 📝 𝗗𝗶𝘀𝗰𝗹𝗮𝗶𝗺𝗲𝗿: Crypto Banter is a social podcast for entertainment purposes only. All opinions expressed by the hosts, guests, and callers should not be construed as financial advice. Views expressed by guests and hosts do not reflect the views of the station. Listeners are encouraged to do their own research. #Crypto #Bitcoin #BearTrap #AltcoinEntries #RiskManagement ⏱ 𝗧𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀: 00:00 Will Bitcoin (BTC) Flush Down to the $73,000 Support Zone 02:25 Can the Solana (SOL) Long From the 200-Day MA Reach $100 03:25 Can Bitcoin (BTC) Double Bottom at $75,000 and Bounce to $82,000 05:11 Will Altcoins Bounce After Tagging the 0.618 Fib on TOTAL3 07:14 Why Falling Bitcoin Dominance Shows Altcoins Are Starting to Strengthen 08:16 Will Ethereum (ETH) Hit $2,400 After a Close Above $2,150 09:16 Where Are the Best Altcoin Accumulation Zones at the 200-Day MA 🎬 𝗪𝗮𝘁𝗰𝗵 𝗦𝗵𝗲𝗹𝗱𝗼𝗻'𝘀 𝗙𝗥𝗘𝗘 𝗖𝗿𝘆𝗽𝘁𝗼 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗟𝗲𝘀𝘀𝗼𝗻𝘀: https://www.youtube.com/watch?v=YGBLIYXXoOA&list=PLmOv2_vzOoGcTirwpJoyhGrYRnv1CRyIa 🎬𝗠𝗼𝗿𝗲 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗮𝗻𝗱 𝗔𝗹𝘁𝗰𝗼𝗶𝗻 𝗠𝗮𝗿𝗸𝗲𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀: 🎞️𝗪𝗮𝘁𝗰𝗵 𝗦𝗵𝗲𝗹𝗱𝗼𝗻'𝘀 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗗𝘂𝗺𝗽 𝗚𝗮𝗺𝗲 𝗣𝗹𝗮𝗻: https://youtu.be/hgHUEcJZPiY 🎞️𝗣𝗿𝗲𝗽𝗮𝗿𝗲 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗜𝗺𝗺𝗶𝗻𝗲𝗻𝘁 𝗖𝗿𝘆𝗽𝘁𝗼 𝗖𝗼𝗿𝗿𝗲𝗰𝘁𝗶𝗼𝗻: https://youtu.be/o69Txodt1uE
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