The Bitcoin price is holding onto a knife’s edge and bulls might have one more attempt at pushing the price higher. In today’s episode of Crypto Banter, Kyledoops addresses the probability that bulls mount their assault. He also dives into some breaking news & how this may affect the price in the coming days. Join Kyle live for this important Crypto market update!

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00:00 Bitcoin Price at Critical Support
01:45 Bitcoin Technical Analysis – Price Levels
03:00 US Stock Market & Bitcoin Price Today
05:15 Long-term Crypto Portfolio
06:12 Trading Altcoins – Chainlink
09:03 Biswap Decentralized DEX on Binance
09:45 Trading FileCoin
11:06 Trading Bitcoin – Long & Short Scenarios
15:57 ByBit Xmas Giveaway

Foreign Is at critical support as you can see But is it going to be a matter of Bye by Support or Bui and buy that support so That is what we're going to cover on Today's show we do have a whole lot of Important topics to discuss it is mostly Going to be ta focused today because not That much has come up fundamentally or Within the news so without further Ado Let's get straight into it and first and Foremost I want to direct you towards The voting on the Tweet over here you Guys know how it goes um at for the Festive season we will be giving away Free money so far I've given away 2 600 We'll move that along towards the end Over there and at the end we'll tally up The votes and open up the boxes if you Do want to get involved with that there Is a link in the description below uh it Right at the top it's pin there it will Explain to you how to get involved with That so what I wanted to start off with Was this tweet over here from Benjamin Cowan uh he says BTC bear markets the Current bear Market is is the green line And he's just updated this with the Latest findings so in relation to the Previous bear markets where are we and You can see time wise which lines up With what I've shown you on that long Twitter thread which is also pinned in My Twitter time wise we write around

Where you expect the bear Market to Start to come to an end but price wise As you can see there is still potential For a little bit more downside price Action uh which would line up with my Ultimate targets of that 10 to 12K level The question is will we get there or not And is it long or short for today so That is what we need to focus on Um high can Nash candle chart over here On the monthly if it did get into this Zone over here deep into the green box Then it would match up with the price Target and then you'd want to consolid Excuse me with the yes with the price Target and then time wise we've already Made it long enough but you'd still want To see a bit of a consolidation within That area remember that that you'll be Looking for a little bit of a flat Period and then a re-accumulation Zone Which would take a couple of months Before you initiate a new bear market so That's what I'm looking at over there Very quickly on the four day chart we Did lose yesterday that key level that I Was mentioning to you guys which brings The price for the high time frame Traders the investors if you will it Drops that price level below the All-imported moving averages over here Which is the yellow and the green and The longer that it stays around here the More this will start to look like a

Long-term lower High Um which will eventually lead to the Next leg down basically it puts pressure To the downside and you have D declining Volume over here so if volume does kick Back in and price goes to the downside Then you know that you do have the Expansion phase with the next leg of Volatility the stock market will be one Of the main drivers you can see that This range level that I've drawn Yesterday is holding a new doors to have The 200 moving average which is on the Four hour chart so expecting a bounce Off of here still let's see how today Goes possibly that bombs could come um Over the course of today definitely I Think before the end of the week we Should get towards the mid-range over Here what that means is that if of Course the stock market in the short Term is going to bounce then you have to Start to look for potential bounce Scenarios within Bitcoin and crypto so a Little bit of upside potential momentum Within the market Um let's go into the actual bitcoin Price uh on the daily chart over here You're going to see all daily time Frames are still uh Slightly towards the bearish side so Angled a little bit more to the bearish Side than it is to the bullish side Because you do have the codes moving

Averages over here which are coming to The downside as well as the Fisher Distance from the EMA recently just Crossed to the downside so that's one Daily time frame the other daily time Frame is the super guppy indicator over Here you can see fully read price stack Below all of the different moving Averages Um daily chart over here with our 1224 and the 9 and 34 movie or Exponential moving average at least we Have fallen below all of those and you Have one final leg of support let's make This bigger for those of you on mobile Devices and that is kind of the last Line in the sand but essentially what I'm trying to show you here is that Pressure does definitely continue to Remain to the downside with price stack Below all those moving averages so this Is your final leg in the sand I do Believe if you start to lose this moving Average over here then there will Probably be quite an aggressive sell-off Because all of these uh different Oscillators and momentum indicators will Start to react and expand with Additional volatility so that's Bitcoin On The Daily but on the low time frames Is actually a potential for a long Scenario and we will get to that shortly I just wanted to touch on the Investment Portfolio which is the long term the

Long-term huddle portfolio for the whole Bunch of different coins that have been Selected from uh respective experts Within the crypto industry and I told You there's about 25 of them I've put Them all in here and I'm charting them One at a time so I've got two extra ones For you which I did drop by the way in Yesterday's Daily candle newsletter so If you do want the right up and the Access to the actual chart you'll have To go into the link in the description And you should see something there that Will get you access to the Daily candle If you don't receive the email it's very Very simple all you need to do is look In your spam then add that email address That you're receiving it from as a Contact in your email list and you Shouldn't have that problem anymore then It should come every day into your inbox Well Monday to Friday okay let's look at The price table so chain link And just make this a bit bigger I Charted this on the three day chart and The way that I see this is you kind of Within a major major range you have the Range low which is the ultimate support And this would be the absolute worst Case scenario chain link all the way Down to one dollar and 51 cents I'm Definitely not holding my breath on that But it is a reality only if this level Starts to get lost then you have the

Mid-range and the range height you can See the way that this has been your Primary range over the last while so a Smaller range within the main range and What I mean by that I mean this level Over here from there to there so this Area is kind of your main uh or the Range that we've held for the longest Period of time and it's very very easy To see when you have it on a three-day Chart because you Wick into the bottom Into the mid-range area the mid-range of This big range as you can see the Mid-range is at five dollars and 45 Cents then I have the Range High which Is your resistance and nine dollars and 43 cents every time that we Spike into That level it's left behind a wick and Price continues to sell off you come Back into this accumulation Zone and it Goes up and as long as this level holds I definitely see this as an opportune Area where you can potentially Accumulate which is why I labeled that The potential accumulation zone now you Have to consider there are going to be a Lot of stop losses which have been Placed over here underneath this area And therefore you can kind of ladder Your bids within the Zone if you are That is if you are looking to accumulate Chain link of course so um I would Basically stagger the orders throughout Do you guys know that strategy that I've

Outlined on bitget where you can set a Grid um a couple of the exchanges offer It but get was just the first one that I Found it on I think you have it on buy Bird and OK X is also over there so you Can set a series of grids over here and Then decide how much you would want to Allocate towards um at least your first Beds in accumulating chain link maybe You want to allocate I don't know one Percent two percent of your capital and Those bids will get staggered throughout And I do expect that these Wicks will Eventually get taken out at least for One more Spike down Um it looks like that four four dollars And eighty cents um area would be a Strong zone for price to bounce off of The only way that I see this getting Lower is if Bitcoin did actually go down To 10 to 12K then I think that chain Link probably does eventually lose this Level and then it breaks into the new Range and then you'll have to be looking A lot lower what that means for you is That you would definitely want to have a Stop loss underneath it Um it's a nest you you're coming in with A dollar cost average plan okay so That's chain link Um also a reminder if you do want to Accumulate these tokens um onto a cold Storage wallet or a metamask or offline Then check out buy swap you can get

Chain link you can get anything that you Want on here um there is a link in the Description below they are the uh the The decks for binance essentially okay Moving on to the next one is file coin There's another one that I've looked at And you'll find a lot of these coins What looks interesting on them is they Almost seem to have Form the bottom it's it's almost like They don't really want to go much lower But with that being said you don't want To fade a downtrend let's just open this All up so terrible looking chart in the Long term I think this only launched um In this cycle sometime this year so a Very difficult one to chart when it is Already at all time lows but in the Newsletter I basically wrote this I kind Of see it as forming within a range Right so you had this range over here Yes it's spiked out of the range came Back into the range into the range and Now you have a new Range the only way That I can potentially calculate what a New Range may look like is I took this Main area which was the range between Five dollars and 6.71 and I basically Copied that exact box down into this Zone as the next potential range where You could find a bottom now one of two Things could happen it could either Continue in this range and possibly even Then break down further into another box

Over there or what may happen is if you See price come back up recapture this Level and start to hold the previous Range that would be a sign of Re-accumulation and then maybe the Bottom is in for something like filecoin Um difficult one to chart but one of the Crowd favorites so I thought I'll give It a go that's the best that I can do on This one uh at the end of the day it's Still in a downtrend so keep that in Mind I put the full right up over here Um in the daily channel news data so Feel free to go and have a look at that Now potential long scenario here you can See it Um of course Bitcoin on the four hour Chart and it is support Um you got Wick to Wick to Wick and then You do have a horizontal and I'm sure You can all agree this is a quite a Sticky area over here Um so is this simply an attempt to the Break out of the major what was Resistance and now coming back to retest That as support or are we going to lose This level well it's an extremely really Easy trade to take from an invalidation Standpoint because where would you Invalidate very very simply put if price Starts to roll over and it breaks down The supporting trend line you can see That is your final Line in the Sand is Going to be the bottom of that Wick so

Zooming in pretty much that is your Invalidation level any uh any Wicks that Even come down below that sixteen Thousand six hundred and seventy dollar Level again I wouldn't feel comfortable Holding this it might be a case of where You have a liquidity hunt and this is a Real possibility so you have to decide How you want to enter into this trade Because they could send price down Wick Through grab the liquidity immediately Recapture this and then off price goes That's a possibility but since the daily Time frames which I just showed you are All showing more bearish than bullish Signs Um I would be more comfortable to just Have a hard stop over here and get stuck Complete out of that position I have Just been entered into the trade I put This in literally one minute before Going into the show so there it is that Is the trade setup uh I thought I'll Enter pretty much right where we are I'm Not going to wait for a retest of the Trend line Um it's kind of splitting his uh it's Not going to make much of a difference Stop loss is down over here I'm on 5x Leverage risking very very little so There is a trade opportunity Now one reason why I think it could Bounce is this if you look at the Aggregate uh open interest over here you

Can see that it's pretty much fully Reset it came all the way back down to Seven billion and uh there's Stephen Conway again with the pre-pre-records This show is not pre-recorded Stephen We're gonna have to put you in a time Out soon if you carry on this way okay Um you can see over here the open Interest has reset so that will give Leverage Traders the opportunity to Rebuild and I think that they would Build it towards the long side because You can see Um everything is reset over here as well With the cumulative volume uh Delta on The uh on the stablecoin margin it's Coming straight into that trend line I Tend to think that it will bounce off This trend line continue on up and it's It's been exactly the same play for over A month now you've got the uh aggregate Spot over here which has been down Trending the whole time so you guys know The story the leveraged Traders push Price up and then they sell spots into That um so basically taking profit on Maybe underwater positions that they're Holding on spot they can sell that down But price is being artificially elevated Using leverage and I think they'll have Another crack at it especially since the Leverage over here has the open interest Has been reset so that is what I'm Watching over there

Um four hour this chart is telling you Again risk does remain to the downside With price stuck below all the moving Averages which is why my long trade idea Will have the stop loss Um so close now on an hourly chart Yesterday I did tell you that there Would also be a potential for a short Opportunity but you would want to give This a little bit of time you can Essentially play this Market both ways I'm gonna wait a little bit Um I'm not going to take the short Opportunity yet because uh I do still Think that there's a possibility of Grabbing all the liquidity up here Um around the June low and the 18 115 Levels so between 17 500 and 18 150 I'm Still watching for that area but in Theory in theory you have a very simple Trend line again it's the same one I Showed you on the four hour chart I am On the one hour chart now so you have Wick to Wick to Wick Um connecting over there and then you Have the one hour chart which has Started to pull back over here and this Would be your high your lower high and Now any push up and swing failure so if It can't get back above convincingly Above the mid-range and it comes back Down over there then your stop would be Above that lower high and you'd be Looking for a breakdown of this trend

Line and then prices would go lower so That's the way that I see the market Pretty quick show I don't really have Too much else to add for today let's Just see how the market unfolds and Let's refresh this quickly one second Refresh and then we can choose our box To see who's the winner All right what do we have so we have Currently box number two at 39.1 so they are going to be the winners Uh I need to open I did not open the Thing here just give me a second guys My mistake I forgot to open the the To choose the winners the document Okay let's just grab that and move that Across Okay let's grab that All right in the time being if you do Want to participate in the next one this Is the instructions over here that's how You do it Um you would need a buy bit account so There is the the link that you can use Uh sign up over there transfer 250 Dollars in and then you'll be added into This Excel spreadsheet which is Basically where we do pick the winners From so with that being said let's see We got uh box number one box number one Uh if you had chosen box number one then There you go you would win 500 which is not too bad box number one You would have won five hundred dollars

Box number three Which you didn't choose the winners not Box number three Also a nice prize box number three seven Hundred and fifty dollars would have Been your winnings But you guys chose oh and I didn't put On my hat You guys chose box Number two box number two let's see What's inside Ah box number two there there is not Wisdom in the crowd today You won five dollars box number two you Won five dollars I mean they were still Transferred to you I'm not going to use The auto generator I'll just pick for You because I'm sure that you're Probably not too excited with five Dollars we will choose number Two four zero seven zero seven eight Nine you are the winner you are the Winner of five dollars uh but we'll play Again tomorrow guys we'll play again Tomorrow so please make sure that if you Are not yet signed up to uh buy but uh Use the link over there below transfer 250 dollars and we will run another one Tomorrow is Friday and then I'll do five Next week I'm gonna do five shows for Next week and then that will bring us Towards the end of that that is Basically the end that that brings us to The end that's what I see for the

Markets uh make sure that you follow me On Twitter make sure that you're also in The Discord group because the long setup I did already give I think last night in The Discord group so you would have Received that information a long time Ago had you been in that group but Either way thank you guys all for Joining thank you for watching I Appreciate each and every single one of You please do me a massive favor give This video a like hit the Bell Notification and make sure that you are Subscribed to the channel and I will see You all on tomorrow's video have an Absolute really fantastic day yes happy Holidays and cheers for now