Summary of "BTC's LAST PUSH, Top Alts to Watch & Crypto's Next HOT Sector"

BTC’s Last Push, Top Alts to Watch & Crypto’s Next HOT Sector

Key Market & Macroeconomic Context

Bitcoin showed signs of strength after a tough week, ahead of the Fed meeting scheduled for Wednesday, October 29 (FOMC day). October is showing a modest recovery (~0.7%), considered a start after a significant mid-month wipeout.

Bitcoin price action highlights:

CME gaps played a key role in price movements; recent gaps around 107K and 111–113.5K.
A short squeeze occurred after a period of negative funding rates (noted on Binance), signaling potential for positive returns in the next 30–180 days, based on historical patterns from K33 Research.
Bitcoin broke above October highs and the 100-day moving average, targeting Fibonacci retracement levels at 116.5K.

Additional macro observations:

Gold price collapsed last week while the Bitcoin-to-gold ratio broke above a descending trend line, possibly indicating rotation from gold to crypto.
Key macro events impacting markets this week include:
- Fed meeting (rate cut widely expected).
- Earnings reports from five major tech companies (Microsoft, Alphabet, Meta, Amazon, Apple) representing 25% of S&P 500 market cap.
- Upcoming Personal Consumption Expenditures (PCE) inflation data on October 31.
- Ongoing US government shutdown adding uncertainty to economic data releases.
Geopolitical tensions and trade talks between the US and China remain volatile, impacting market sentiment.

Crypto Market Highlights & Instruments Mentioned

Bitcoin (BTC)

CME gap closures continue to influence price action.
Technical indicators positive: above 100-day moving average, approaching key Fibonacci resistance.
Funding rates turned negative for over a week, historically a bullish sign.

Privacy Coins (Hot Sector Narrative)

Zcash (ZEC):

Up 546% in 3 months, nearly 800% since September.
Market cap jumped from approximately $700 million to nearly $6 billion.
Rally driven by:
- Regulatory pressure in Europe (MiCA framework aiming to ban privacy coins by 2027).
- Limited exchange listings leading to easier price pumps.
- New integrations and listings (e.g., Solana’s Orca, ThorSwap, Zashi wallet).
- Influential mentions by figures like Naval Ravikant.
- Grayscale Zcash Trust involvement.
Technical Analysis (TA) by Luis:
- Broke above previous all-time highs (May 2021).
- Currently at a resistance zone; caution advised against FOMO buying.
- Best entry zone identified between $275–$300 (confluence of support and Fibonacci 61.8% retracement).

Monero (XMR):

Up 121% year-to-date.
Uses ring signatures and stealth addresses for privacy.

Oasis Network (ROSE):

Layer 1 focused on privacy and data ownership via confidential computing.

Secret Network (SCRT):

Privacy-preserving smart contracts using encryption on Cosmos.

Railgun:

Another privacy coin with a recent rally.
Mentioned in A16Z’s “State of Crypto” report highlighting privacy as a strong narrative.

Other Altcoins & Projects

Humanity Protocol: Decentralized ID and verification tool. Recent partnership with Walrus Protocol. Experienced a significant price jump without clear fundamental news.
Virtuals Protocol: AI agents space gaining traction. Tied with Coinbase and Bass. X42 payment protocol enables AI agents to autonomously pay for services using stablecoins (USDC), enhancing AI autonomy.
Hyperliquid (HYPE): Back in spotlight after Robinhood listing. Has buyback mechanisms supporting token price.
Jupiter (JUP): Positioning as a crypto super app with increasing adoption.

Prediction Markets (Next Big Narrative)

Poly Market:
- Gaining mainstream traction since the 2020 US election.
- Valuation doubled recently from $8 billion to $15 billion within two weeks.
- Regulatory clarity (CFTC rulings) and VC confidence driving growth.
- Expanded use cases beyond politics to sports, economics, cultural events.
- Token airdrop confirmed but details pending.
- Seen as a “social layer” for crypto speculation, potentially equalizing insider information.
Competitors:
- Kelshi (speculated token).
- Orga (REP) – decentralized prediction market on Ethereum, market cap around $50 million, up 150% recently.
- Gnosis (GNO) – prediction tools with DeFi integration, market cap around $500 million.

Prediction markets are viewed as a promising sector with potential for new token launches and growth.

Portfolio & Trading Notes

Coin Bureau portfolio giveaway ongoing on BitGet exchange:
- Current portfolio ~5,000 USDT.
- Weekly trades and coin additions voted by viewers.
- Current poll winner: Chainlink (LINK) with 25% allocation decided.
Chainlink noted for:
- Leading infrastructure provider.
- Extensive integrations and partnerships.
- Focus on real-world asset tokenization and on-chain data publishing.
Daily trading advice and technical analysis available on Coin Bureau Trading Channel featuring Jordan Crypt.
Luis provided TA insights:
- Zcash’s recent run is extraordinary but risky to buy at all-time highs.
- Suggested buy zone for ZEC: $275–$300.
- Bitcoin near key resistance at $117K.
- Ethereum targets bearish order block near $4,400.
- Solana and HYPE near resistance zones.
- XRP approaching $2.72 resistance.
- Mention of Toshi as a potential interesting altcoin with bullish higher lows.

Performance Metrics & Risks

Bitcoin and altcoins showing recovery but caution urged due to resistance levels.
Negative funding rates and CME gap closures suggest potential short-term bullish momentum.
Regulatory risks remain high for privacy coins, especially in Europe.
Prediction markets present emerging opportunity but with typical new sector volatility.
Macro risks include Fed policy, inflation data, and geopolitical trade tensions.
Portfolio allocation decisions emphasize risk management with partial (25%) exposure to LINK.

Disclaimers

This is not financial advice. Technical and fundamental analyses are opinions, not guarantees. Historical patterns (e.g., funding rates) do not guarantee future performance.

Presenters & Sources

Guy (Coin Bureau)
Nick (Coin Bureau)
Luis (Technical Analyst)
Jordan Crypt (Coin Bureau Trading Channel)
References to external research by K33 Research and A16Z report
Tweets and insights from crypto influencers (Naval Ravikant, Jesse Pollock, Kobe, etc.)

Summary

The video covers Bitcoin’s tentative recovery driven by macroeconomic events and technical setups, emphasizing CME gaps and funding rates as key indicators. Privacy coins, especially Zcash, are highlighted as a hot sector due to regulatory pressures and new integrations, with strong recent price performance but caution advised on buying at all-time highs. Prediction markets, led by Poly Market, are identified as the next major crypto narrative, with rapid valuation growth and token launch anticipated. The Coin Bureau portfolio is adding Chainlink with a 25% allocation, reflecting confidence in its infrastructure role. The video also discusses AI-related protocols and other altcoins showing momentum, while stressing the importance of risk management amid ongoing macro and regulatory uncertainties.