VirtualBacon

VirtualBacon

Daily crypto market analysis and Bitcoin insights. VirtualBacon breaks down macro trends, on-chain signals, regulatory shifts, and key price levels so you can navigate bull and bear markets with clarity. New episodes every weekday.

  1. 5h ago

    1 Million Subs AMA: Why I'm So Bullish on Bitcoin and Altcoins Right Now

    We hit 1 million subscribers, so today's stream was an AMA on why I'm so bullish right now. Bitcoin is early in its bull run and my levels are simple: I add between $78,000 and $76,000, and the closer price gets, the more I add. On altcoins, the altcoin-to-Bitcoin ratio sits at 0.48, barely above the 0.45 to 0.46 it held from April to June when Bitcoin traded at $60,000 to $65,000, and the Fed's balance sheet has been growing again since last November after shrinking through the whole 2023 to 2025 run. My odds are 50% that alts chop against Bitcoin, 40% that they outperform and 10% that they go lower, and both of the likely outcomes beat the last cycle. We also covered the PHP exploit, the Anthropic IPO rumor, whether the midterms matter, and why there's no altcoin season to wait for, only Bitcoin dips to scale into. Chapters: (00:00) 1 million subscribers: live open and roll call (01:31) Why today is bullish maxing (04:26) The PHP exploit and who is actually at risk (14:42) Anthropic IPO rumor: $100B at a $2T valuation (15:33) China seeks to seize 61,800 Bitcoin (18:03) Another exploit tied to AI, and using more than one wallet provider (24:00) Bitcoin: why the bull run is still early (29:44) My levels: $78K to $76K (33:48) Why I'm the most bullish on alts in four years (34:39) Altcoin to Bitcoin ratio at 0.48, near the cycle floor (35:44) The Fed balance sheet is growing again (40:39) Hold the majority in Bitcoin, trade the alt waves (42:08) My odds: 50% chop, 40% outperform, 10% lower (45:02) Q&A: bearish short term, bullish long term (48:21) Does losing the midterms hurt crypto? (50:24) The three-wave map for this cycle (54:30) There is no altcoin season: scale in when Bitcoin dips (58:14) Rotating between alts and Bitcoin: what it costs (1:01:01) Where the bull market support sits (1:02:09) MicroStrategy as an altcoin (1:02:39) Can Solana reclaim its high when Bitcoin does? (1:08:48) Viewer picks: TAO, Litecoin and HBAR (1:11:39) My average Bitcoin entry (1:14:24) Injective (1:15:30) Canton Network and the DTCC launch (1:18:36) Why I reset my FOMO account (1:22:03) Social trading and referral fees (1:27:40) Memes and low caps (1:31:35) Definitive (1:33:57) Close: stay bullish, rotate alt profits into Bitcoin

  2. 1d ago

    Bitcoin Holds the Higher Low: My $80,000 Buy Ladder

    Bitcoin pushed back above $84,000 this morning, and if the daily candle closes above $83,700 it confirms a new higher low on the daily chart. On the three-day chart the uptrend from the $58,000 June low is already clean, with three sets of higher highs and higher lows. I still expect price to touch the 50-week EMA near $79,000 at some point, which is why I scale in with a buy ladder instead of waiting for one exact number. We also covered Solana's Alpenglow upgrade, which cuts finality from about six seconds to 150 milliseconds, plus the Zcash and LayerZero launches and the Fed on October 28. In the Q&A I explain why I think this first correction is the best setup for altcoins in 12 months, and why every altcoin still loses to Bitcoin over a full cycle. Chapters: (00:00) Bitcoin's new higher low and today's agenda (01:47) Viewer check-in and the $80,000 buy ladder (07:28) AI news: Anthropic's IPO and DeepSeek's open-source engine (09:48) Why AI models refuse to farm airdrops (12:50) Solana Alpenglow: finality from six seconds to 150 ms (22:35) Zcash NU7 and the LayerZero Zero mainnet (27:07) The Fed on October 28: a pause, not a hike (28:14) Q&A: building a Solana position in halves (30:25) My Bitcoin target for this cycle (31:42) Bitcoin charts: a higher low on the daily and three-day (41:35) Trading belief versus bias (47:27) The biggest bull run mistake: alts versus Bitcoin (50:12) Proof-of-work AI coins and SafeTrade (57:02) Q&A: AI agent and decentralized inference narratives (1:00:24) Is now a good time to enter alts? (1:07:43) The 50-week EMA dip scenario (1:12:57) Which altcoins can 3x (1:15:34) Launchpads and meme coins (1:18:05) Why every altcoin loses to Bitcoin (1:25:05) Wrap-up

  3. 2d ago

    Midterm Elections in 2 Weeks: Bitcoin Crash or Rally?

    Do midterm elections crash markets? Across the 19 midterms since 1950, the S&P 500 was up about 14% on average one year after the vote, and it gained in 14 of 19 cycles over the two weeks around the vote. Bitcoin did drop after the 2014, 2018 and 2022 midterms, but each time it was still in a bear trend, and 2022's leg down was mostly FTX. This time it's already above the bull market support band, so I'm treating any November dip toward the 50-week EMA near $78,000 as one to buy, with $75,000 as the line I don't expect to break. Also on the stream: BlackRock's buffered Bitcoin ETF filing, IBIT's $665 million inflow day, JPMorgan's 10% long-term Bitcoin return assumption, and why the Fed pauses on October 28. Chapters: (00:00) Midterm Elections in Two Weeks (04:07) BlackRock Files a Buffered Bitcoin ETF (07:06) Biggest IBIT Inflow of the Year (08:52) JPMorgan Puts Bitcoin in Its Return Assumptions (11:00) OpenAI and Anthropic IPOs, Nasdaq and SOX (14:45) The Fed on October 28: Pause, Not Hike (19:03) Bull or Bear: Pick a Side (22:15) Bitcoin Levels: 50-Week EMA and SMA (25:46) Midterm Odds and the Clarity Act (31:54) Bitcoin Around Past Midterms (39:44) The Four-Year Cycle Is Not a Calendar (46:11) Q&A: Is the Low In? (48:41) Q&A: Buying the 50-Week EMA vs SMA (51:34) S&P 500 Across 19 Midterms (57:31) What I'm Doing Into the Midterms (1:02:51) Q&A: When to Rotate Alts Into Bitcoin (1:11:52) Q&A: Narratives Move Every Market Cap (1:13:40) Q&A: Arbitrum and Altcoin Charts (1:16:22) Q&A: Gaming Coins (1:18:04) Q&A: My Holdings and Meme Trades

  4. 3d ago

    How Ondo Perps Is Bringing Global Stocks and Pre-IPOs On-Chain | Ondo Team Interview

    Ondo wants global stocks and pre-IPO companies trading on-chain, 24/7. Three members from across the Ondo Finance and Ondo Perps teams explain how it works, from Singapore. Trade on Ondo Perps (my referral link): https://app.ondoperps.xyz/?ref=KN2V1R Paid partnership with Ondo. We sat down with three members of the Ondo team at Open Interest, Ondo’s event during Token2049 week in Singapore, on the day Ondo announced Ondo Private Markets: Kunaal Patel, Head of Institutional for Asia and MENA at Ondo Finance; David Wells, CEO of Ondo Perps; and Matthieu de Vergnes, Managing Director and Global Head of Institutional at Ondo Finance. WHAT WE GET INTO With Kunaal: ▸ Global stocks, both ways: Japanese and Korean stocks for people outside those countries, and US stocks and ETFs for people in Asia, through partners like Mirae Asset and SBI With David: ▸ Trading tokenized stocks 24/7, without a brokerage account ▸ What a perpetual future is, and why “there’s no clock in perps” With Matthieu: ▸ Why pre-IPO investing has been gated to high-ticket minimums, and how tokenization is changing that ▸ How a tokenized note works when a company goes public Ondo Private Markets provides tokenized notes that give economic exposure to private companies. The notes are not shares and carry no shareholder rights. They are for eligible investors only and are not available to US persons. Ondo Perps is available only outside the US. Recorded 6 October 2026 at Open Interest by Ondo, Singapore. Ondo: https://ondo.finance Ondo Perps: https://app.ondoperps.xyz/?ref=KN2V1R (my referral link) Ondo on X: https://x.com/Ondo Ondo Perps on X: https://x.com/OndoPerps ALL EXCHANGES AND LINKS ✅ FOMO Social Trading: https://bacon.link/fomo (Follow my real on-chain trades live. Real money on my actual account, so you see exactly what I hold, my size, and my entries) ✅ Toobit Exchange: https://bacon.link/toobit ($50 Free Bonus, No Verification Required) ✅ PropW: https://bacon.link/propw (Trade a $50K Funded Account) ✅ Bitunix Exchange: https://bacon.link/bitunix ($5,500 Bonus, no KYC) ✅ ByBit Exchange: https://bacon.link/bybit ($30,000 Bonus, KYC Needed) 💎 Join The Coiners, our Trading Dashboard and Community: https://thecoiners.io 📢 Follow my X for Quick Alpha: https://x.com/virtualbacon 📢 Telegram, the daily market briefing and live alerts: https://t.me/virtualbacon 📢 Courses, Exchange Guides, and All Links: https://virtualbacon.com/ Chapters 0:00 Kunaal Patel: bringing Asian stocks on-chain 2:17 US stocks for Asia, Asian stocks for the West 3:54 Trading stocks 24/7 without a brokerage account 5:50 What a tokenized stock can do that a share can't 7:13 David Wells: "There's no clock in perps" 9:29 Pre-IPO exposure on the Ondo Perps order book 13:11 Matthieu de Vergnes: Ondo Private Markets 16:09 How the tokenized note works after an IPO 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome. #Ondo #OndoFinance #OndoPerps #Tokenization #RWA #TokenizedStocks #PreIPO #Token2049 #CryptoPodcast #virtualbacon

  5. 3d ago

    Black Monday Crash Fears? Why I'm Still Buying Bitcoin

    Bitcoin is back at 82K after a weekend of Black Monday calls, and the stock market opened this morning without the crash. I'm still buying. This is what an early bull run looks like: lots of chop, and every dip gets called the start of a bear market. The same thing happened from April to October 2023, when Bitcoin chopped between 25K and 30K above the bull market support band before it went higher. Today that band sits around 76K to 78K, I put the odds of Bitcoin going back to 70K or below at 20% at most, and my base case is a bit more chop, then 90K to 93K by the end of the year. Some altcoin buy zones got hit over the weekend, with XRP coming into its 1.30 to 1.20 zone and Ethereum into 2,400 to 2,200. I also cover JPM Coin moving to Ethereum, Solana's Alpenglow upgrade, the Zcash quantum fix and World ID on Zoom, and why I keep about 85% of my portfolio in Bitcoin. Chapters: (00:00) Black Monday that wasn't: early bull run chop (02:53) JPMorgan's JPM Coin expands to Ethereum (04:39) Solana Alpenglow: 12.8 seconds to 150 milliseconds (07:58) Zcash private swaps through NEAR Intents (12:11) World ID on Zoom, and a Worldcoin trade around the OpenAI IPO (19:32) Q&A: why no AI meltdown before the OpenAI and Anthropic IPOs (24:31) Bitcoin: still buying near 80K (25:11) The Black Monday calls and the Binance AI perps (28:52) The VIX at 20, and the S&P and Nasdaq bull bear pivots (30:39) Bond yields, inflation and the Fed (32:54) Early bull run: the 2023 playbook (38:11) My base case, and the midterm dump scenario (41:39) Why my bottom level is 75K (45:45) Q&A: the odds of 70K, and of a December all time high (47:54) Q&A: why I'm always long Bitcoin (48:45) Q&A: hold alts through the chop, or rotate? (50:24) Q&A: low live views, and when to buy (52:52) Altcoin buy zones: which ones got hit (55:35) Start from the top: Doge, XRP and Ethereum (58:27) Solana, BNB, Hyperliquid and Bittensor (59:35) AI coins: Fetch​.ai and Render near the bear market lows (1:02:05) Injective, and easy mode in altcoins (1:03:43) Why I don't hold Render and Fetch​.ai yet (1:05:00) Q&A: Algorand and Robinhood chain coins (1:05:49) Q&A: how much Bitcoin on a 3K to 5K portfolio (1:09:19) Q&A: can you 5x with 70% in Bitcoin? (1:11:42) Q&A: why hold Bitcoin if it only does 3x? (1:15:44) Q&A: my closed XRP, Algorand and HBAR longs (1:18:08) Q&A: why I won't make a long-term portfolio video (1:19:06) Close: at least 50% in Bitcoin

  6. 6d ago

    Bitcoin Bounced, My Buy Zones for ETH, XRP, SOL, NEAR, ZEC, HYPE, and More

    Bitcoin bounced to 82K off yesterday's dip, and as long as it holds the 76K to 78K bull market support band, I'm setting a buy target on every altcoin I like. Each target comes from how hard that coin falls when Bitcoin falls. Ethereum already dipped into its 2,400 to 2,200 zone, Solana sits at 90 to 100, XRP around 1.25, and Doge at 7.4 to 8 cents is within about 10% of its bear market low. BNB isn't cheap until it's under 700. Then the newer names: Zcash between 1,200 and 1,000 after a 33% drop, NEAR below 4.50, Hyperliquid below 70 and Bittensor below 270. I also cover the quantum narrative after Google's latest breakthrough, why only two layer ones are post-quantum today, the Fed's quiet period before October 28 and the MSCI news on Strategy. Chapters: (00:00) Today's plan: altcoin buy zones and the quantum narrative (02:37) Bitcoin bounced off 80K: the bull market support band (05:09) The AI trade: Korea cracks, the SOX and Nasdaq still hold (10:03) The Fed's quiet period before the October 28 FOMC (11:15) MSCI approves rules to drop Strategy and Metaplanet (13:58) Q&A: why Strategy barely dropped, and is MSTR a buy? (16:46) Altcoin buy zones: how I set them (17:43) Ethereum: 2,400 to 2,200 (19:05) XRP at 1.25 and Solana at 90 to 100 (19:58) BNB below 700 and Doge at 7.4 to 8 cents (22:01) Q&A: is this a bear market correction? (25:33) Crypto as the anti-AI basket: privacy, quantum, private AI (29:29) Venice, NEAR and private AI (33:17) Why the AI application layer is getting commoditized (37:26) Zcash: the 1,200 to 1,000 zone (39:27) NEAR below 4.50, or bridge into the NEAR ecosystem (42:54) Hyperliquid: not cheap until below 70 (45:22) Bittensor: below 270 (49:04) Q&A: Render and Fetch​.ai (52:20) Quantum vs Bitcoin: Google's 40x error reduction (56:37) Coinbase and the new Quantum Alliance (58:52) My quantum watchlist: Quantus, Algorand, QRL and more (1:05:27) Q&A: how worried I am about cold storage (1:08:07) Q&A: Injective, Ondo and Plume (1:11:41) Q&A: Injective or NEAR? (1:14:45) Q&A: should you average down on LINK and SOL? (1:16:33) Q&A: Quantus under 100, and how many alts I hold (1:18:51) Q&A: Bitwise's 70 dollar NEAR call, why I see 20 to 25 (1:24:10) Weekend plan and close

  7. Oct 15

    Bitcoin Drops to $80K, Is It Time To Buy the Dip?

    Bitcoin touched 80K this morning, and I'm buying this dip. The buy target is the 50-week EMA, right around 78.5K, and I'm laddering in from 80K down to 78K with my stop below 75K, where the 50-week SMA sits. It's the same setup as summer 2023, when Bitcoin chopped on that band for six months before the run. Hot CPI and PPI don't change it: the Fed watches core PCE, and the odds still say no hike on October 28th. The bigger surprise is the alts. Ethereum, Solana, XRP and Doge have already dropped more than their usual multiple of Bitcoin's move, so they're cheaper than Bitcoin right now, while BNB isn't yet. I also cover what I sold on RobinhoodChain, the narratives everyone was talking about at Token2049, and why I hold a big Quantus position on NEAR​.com. Chapters: (00:00) Back from Token2049 and F1 in Asia (01:43) Chat: Robinhood Chain losses and the Ledger news (05:20) Hot PPI and CPI, and why the Fed still pauses (11:50) Strategy and the MSCI index decision (16:33) The 10-year yield is coming down (17:43) Q&A: will Saylor have to sell Bitcoin? (20:45) Bitcoin at 80K: the buy target is the 50-week EMA (23:24) The 2023 comparison (27:03) My setup: buying 80K to 78K, stop below 75K (31:09) Q&A: would I go to cash below 75K? (32:24) Ethereum is already cheap (36:55) Solana: the 90 to 100 dollar zone (39:04) XRP: the 1.20 to 1.30 zone (40:26) BNB: not cheap until below 700 (42:11) Doge: the 7.3 to 8 cent zone (45:58) Why blue chips 20% above the bear market low are good entries (51:10) Q&A: is it altcoin season? What I heard in Singapore (54:13) Q&A: will Bitcoin go under 80K again? (56:55) Robinhood Chain: what I sold and what I still hold (1:02:39) Token2049 narratives: Pearl and proof of work AI (1:04:08) Quantus, the quantum privacy coin on NEAR (1:09:09) How NEAR​.com works like a private, no-KYC exchange (1:20:10) Q&A: Rhea and Aurora (1:22:04) Why Quantus has to succeed for NEAR (1:25:41) Q&A: your altcoin picks (1:29:25) Early bull run: stop waiting, start buying (1:31:46) Wrap-up

  8. Oct 2

    Bitcoin Is Breaking Out. Are Altcoins the Better Buy Now?

    Bitcoin is pressing on 87K, the top of this week's daily range, and a break above it should carry us to 90K inside the 87K to 93.5K weekly resistance block. I think 90K is more likely next than a revisit of 78K, the bull market support. So today was mostly about altcoins: I lined up the altcoin to Bitcoin ratio against the last four cycles, and three of the four went well for alts. Even the worst one, 2023, saw the average alt dip about 25% and then rally 173%. I'm still about 85% in Bitcoin, I trade the rest, and when my alts run I sell the extra back into Bitcoin. Also on the show: NEAR and Zcash privacy, AI compute coins, and the AI plays on RobinhoodChain. Which narrative are you positioned in? Chapters: (00:00) Intro: Bitcoin near a breakout, altcoins on the agenda (05:22) Tether-backed private USDT on Bitcoin (06:49) Bitget hack recovery (07:45) Hester Peirce leaves the SEC (08:17) NEAR Intents hacker identified (09:55) Evernorth: XRP treasury company goes public (13:39) Chat questions (15:42) Bitcoin: the 87K breakout level (19:27) Why 90K is more likely than 78K (20:58) Don't sit on the sidelines (22:34) Altcoins vs Bitcoin: the ratio chart (29:38) Worst case, a 2023 repeat: 25% dip, then 173% (32:20) Why altcoins are cheap this cycle (34:34) The 2019 scenario (36:56) The 2020 scenario (40:54) The 2015 scenario (44:22) 80/20 Bitcoin and alts: why the setup holds (49:38) Q&A: is Bitcoin a buy for a 6 to 12 month hold? (50:28) Q&A: resistance levels after 90K (54:44) Q&A: is it alt season yet? (1:00:58) Q&A: who says Bitcoin has bottomed? (1:03:41) Narrative 1: NEAR, Zcash and privacy (1:05:49) Narrative 2: AI compute and proof of work coins (1:12:56) Narrative 3: Robinhood Chain AI plays (1:21:23) Q&A: Phala, Fetch, Render and your alts (1:25:10) Q&A: how many alts to hold (1:29:02) Q&A: Strategy, leverage and leveraged ETFs (1:39:19) Wrap-up

About

Daily crypto market analysis and Bitcoin insights. VirtualBacon breaks down macro trends, on-chain signals, regulatory shifts, and key price levels so you can navigate bull and bear markets with clarity. New episodes every weekday.

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