Every New Fed Chair Crashes Bitcoin… History Is Repeating

Added: 2026-05-23

[00:00:01]Welcome back crew. As you know, we got a massive trade placed on Bitcoin right now. We are short on the broker of our choice, Simple FX. I'm going to take you over to that platform in a second, but I got some really important key levels to discuss with you today about Bitcoin and what we see is going to be happening in the near term. So, you're going to want to watch till the end. And remember, I'm going to take you over to this expost right now. I want to show you something.

[00:00:27]Make sure you understand we are preparing ourselves in a community for become the biggest bull run in years.

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[00:00:45]Make sure you join our free pro group if you're not in it already. So, welcome back crypto crew. It is your boy Tom here bringing you the hottest in Bitcoin and crypto action. If you like what you see, give us a like. Make sure you hit subscribe if you have not already and make sure you come on over to X and follow us on X where we talk about Bitcoin crypto all day every day cuz we're cryptomaniacs. And let me bring you right now over to our broker of choice, Simple FX. Show you the short position that we have. We are short 2.3 coin at 80,986.

[00:01:18]We're looking to get them back in the 60s right now. The marketplace is being kind to us. It's breaking some key levels and we're going to go over that.

[00:01:26]But before we do that, let me take you back over to the main charts. But before we leave, make sure you understand we are trading on simple FX, Forex, and crypto at your fingertips. Low fees, fast execution. It's the place that you want to be for trading. All right, let's get back over to the main charts. Had showed you this chart yesterday. The ascending channel broken. What really is important about this chart is not so much that the channel broke. The Okay, the channel broke is important. However, technically it was the resistance level, the retest that failed that was more important for us because really, you know, this is since this is a, you know, a daily chart market broke it, it could actually recovered and then we'd have to readjust the channel again. That happens a lot in technical analysis. But the break and the retest failure was really really opening the door for us. Now, I want to bring something up to your attention today that most people don't talk about or other YouTube uh technicians really don't mention. With every new Fed chair, it has con uh concided with a brutal Bitcoin breakdown.

[00:02:35]2014, you had Yalen take over, Bitcoin crashed 87%.

[00:02:40]2018, Powell takes over, Bitcoin crashes 82%.

[00:02:45]2022 Powell gets reappointed. Bitcoin again drops 77%. Now we got Kevin Walsh just got sworn in as a new Fed chair. Is he going to have the same, you know, same problem every other Fed chair had?

[00:03:01]Well, if history is a prologue, it says that it is. Now, here's the thing.

[00:03:06]Bitcoin just broke the ascending channel that I just mentioned to you before, right there. And now Bitcoin itself is actually starting to move lower into the lower support levels. We're going to cover every one of those important support levels and we get into the 4hour chart. My points have been spectacular.

[00:03:25]If you don't believe me, go back and look at the other videos. I told you what points had to break and what were the next levels of support and what has to happen next. All on a 4hour chart.

[00:03:35]Okay? All on a 4-hour chart. I don't think you're going to get that anywhere else. You get a lot of hocus pocus from a lot of other guys out there. and gals.

[00:03:41]But I gave you some really key important points. Now, Bitcoin breaking the Ascender channel while Kevin Walsh just gets um actually sworn in. Is that coincidence?

[00:03:51]Maybe.

[00:03:53]But here's the part most people really misunderstand. The Fed chair doesn't cause the crash. The Fed chair changes change the how can I put this? Let me before I have to like back up five or six times. the Fed share uh change tends to happen right near major liquidity regime shifts. Now, we have a a war that's causing some severe problems in the 10-year bond and in the 30-year bond. The bond traders are really nervous. They're really, really nervous.

[00:04:25]So, now liquidity is tightening. And that's Bitcoin, what Bitcoin reacts to.

[00:04:30]And right now, liquidity is tightening.

[00:04:33]risk appetite appetite is actually in the doldrums. It's fading and crypto is starting to break a little bit because of this. Bitcoin lost one of the most important structures on the chart.

[00:04:46]We said that. Okay. Descending ascending wedge broken. Ethereum flashing the same exact pattern breakdown. Let me take you over to that chart. I had that chart up for you guys. Uh here it is right there.

[00:04:58]Okay. We had the Bitcoin breakdown. We got Ethereum breakdown. And I gave you some spectacular points on Ethereum as well. Again, if you don't believe me, go back and look at the past videos and we're going to go over those 4hour charts again because that's going to be the highlight of this video and there's going to be some key important points there. But Bitcoin dominance basically is holding tight because all eyes are on Bitcoin right now. But altcoins are still bleeding very hard. This isn't just volatility anymore. I mean this is just basically now the marketplace is actually having to come to um a serious look at what's happening with the long bond. Now this could be the beginning of a real flush. All right. So let's get into basically the second the the chart I really also want to point out is look this is what our game plan is. Now I saw a lot of people comment when I said this call me delusions of fantasy or whatever. Hey, you know, if you have your trading plan and you're trading a different direction, you know, that's good for you. Hopefully, it works out.

[00:05:58]But this is what we think is going to happen. We're thinking there's going to be a major flush in this quarter right here. Actually, quarter three, right?

[00:06:06]And then when we finally get out of the doldrums now, what we're thinking, you know, this might be a little bit of a too deep of a flush, but really if I'm going to look at, you know, market dynamics, I'm going to say, okay, we went up to 82. So if we break 70, we break 60,000 from the 82, that's 20 grand. There could be 100% flush down from that. That would drive Bitcoin down to 40.

[00:06:34]Now that would be like bargain basement incredible levels, but you know, the market's the market. It's going to do what it wants to do. Remember also there's a lot of big players in this right now.

[00:06:46]And you know, if you're sitting at Black Rockck, you're sitting at Fidelity, you're sitting at Morgan Stanley Capital Management, you're sitting at these places and you're looking going like, well, we got the deepest pockets there are. And if we really want to control this market, we got to get the majority of the people that were in this market out of this market because the one thing that they do not like is volatility. So, there could be one more flush down which will actually destroy everybody that doesn't have a game plan, is not going short with this or isn't hedging their bets, you know. Um, and they will gain control of everything. I've been saying this for over a year that they're not our friends. You all wanted them in this marketplace to add validity to the marketplace. However, you don't understand the consequences of these demons in the marketplace because their one goal is their one goal is total control just like they do with the forex markets, just like they do with the bond markets. They just they don't like volatility. They like things that are in control in their control. In their control. That's the most important thing that you have to remember about those guys. So, we're thinking there could be one more final flush before the marketplace actually recovers. All right, so let's get into the 4hour chart because that's where the game plan. This is where like the um the pedal meets the metal, so to speak, where the the road map actually is. So, let's come on over to the 4our. All right, here's the 4hour pitchfork that I redesigned for you guys yesterday. And I told you that this level, we we had broke this level once before. I said the shelf was right here.

[00:08:26]The marketplace had to break 76,06.

[00:08:30]It is now touching the next level of critical short-term support. Okay, this is all short-term. This is a 4hour chart. So, by punching through this little area right here, it didn't really go that deep, but that's still a crack in the glass. That's still a warning sign that we are going to head deeper.

[00:08:48]That does not mean that we can't recover back up to the 76, possibly even up to like the 78 before it gets another, you know, can whooping down towards this level. But if this level goes, the next level of support really sits at 74,538.

[00:09:03]There's not much of a difference.

[00:09:05]However, the true break comes and the most important part a point on this chart is really sitting at 73,000.

[00:09:14]That is the gatekeeper for us.

[00:09:18]If 70 thou 73,000 breaks and Bitcoin is on its way to 70 and that's opening up the 60s. That's where our short is on the broker of our choice. Simple FX low fees fast execution. All right. So, what if I'm wrong? All right. So, in order for Bitcoin to show any type of strength, it really needs to recover over the 76. Hold the 76. Get back over this meridian line right there, which is right around 78. It's going to chop around. massive resistance now at 79 80,000.

[00:09:49]But really, it needs to recover all this ground and then start hovering up in here to go higher. Now, how could that happen? Well, a couple of three ways.

[00:09:59]Um, if out of nowhere the uh war ends over uh in Iran, then uh yeah, there's a possibility we can get a recovery because then the long bond will calm down. Um, but right now, uh, as it stands at, uh, Saturday evening, as I'm doing this recording, Donald Trump went back to, uh, the White House. He's not going to Don Jr.'s wedding. He's canled everybody's plans for Memorial Day weekend here in the States. So, something's up. Something's up. Um, it looks like another attack is imminent. And then, so we have another three or four weeks of u, you know, chaos. And that actually could drive Bitcoin right down into our takerit area in the mid60s.

[00:10:50]Okay. Now, of course, we're looking to get them back around 656,000.

[00:10:56]However, if the bottom falls out, we're just going to step aside and let the market carry and then just keep ratcheting our stops. All right, let's move on over to good old Ethereum because this was another one, another uh chart that I gave you some excellent price points on. I readjusted the pitchfork to a downward move me moving pitchfork. Look how it came right up to this meridian banged right down. Now this I gave you yesterday was the most important point. 2000 2000 is a psychological level. It's a very very important level. If 2000 goes we could actually see the 1800s again in Ethereum. So now what has to occur in Ethereum right now? Well, Ethereum from this point right here really needs a good rally of about $600 in order to shake off the weakness. So, we're sitting right now at 2,67.

[00:11:49]That's 2600 bucks. Man, we haven't been up there for a very, very long time. So, now that I'm taking a short-term chart and I'm applying a longer term uh trade level to it. So that is like if I was using a daily and there's some points in between obviously I'm just taking a big scope of things and saying in order to shake off bearish tone it's got to it's got to go up 600 bucks. Now that's a it's a good number to use with Ethereum. Ethereum happens to be like a a good 3x3 matrix if you like hedge fund idea would be like it's a $600 matrix. That's really where most price, you know, if you go back and you chart, you know, Ethereum and find that if you take a high to a low, you look at 600 bucks, you'll see that there's a lot of stops there. You know, in other words, movement from tops to low lower levels right around 600 bucks, bounces off, you know, then attempts to top again, and then once it breaks the 600, there's another like $300 measurement. It goes like 6 by3.

[00:12:53]That's what Ethereum goes like in my opinion. Okay, that's just my opinion.

[00:12:57]But so as it stands right now, Ethereum has to hold this minor minor level right there of 2043. It's 266 right now. If that level breaks, we're opening up the level down to 2,000. Now, for a reversal to occur, a short-term reversal, Ethereum's got to trade up above 2,150. That would be a good sign for a short-term recovery back up to the level of like right around 2232.

[00:13:26]Right now, Ethereum is really just following Bitcoin. As Bitcoin becomes weaker, Ethereum is becoming progressively weaker. All right, let's move on over to good old uh the Bitcoin uh dominance chart because it's unchanged.

[00:13:39]So, although it's cooled slightly, okay, it's it's not really anywhere that's going to say, wow, you know, we got uh any type of alt season on the horizon. We don't. And as I said in yesterday's video and previous videos, the markets changed dramatically. I don't think that we're going to see what we saw, you know, 7 years ago with alt season. I don't I just don't think it's going to happen because now we have these major players uh involved in this and you need good utility coins. Okay?

[00:14:11]So, make sure that you do your research.

[00:14:13]If you don't know where to find your good utility coins, well, I'm going to show you right now. You come on into our free pro group. How do you get into our free pro group? Well, what you do is you click this link right there. You'll be taken over to it absolutely free to join. We drop insane alpha trading opportunities every day. Look, we're looking to take 250,000 to 1 million. If you missed the first part of us taking 100 to 250, don't miss this part. Again, completely free to join. You don't have to do anything, but you can learn. You can learn. What else you got to do?

[00:14:42]Well, you got to trade with the same broker that we got right there. Simple FX, crypto and forex at your fingertips.

[00:14:48]low fees, fast execution. Okay, that's basically it. So, if we come back over to good old Bitcoin dominance, uh we can see that really nothing's changed. Um, so make sure you get into our free pro group and you start asking questions about good utility coins. As you know, one of my favorites is Canton. Just I I just found out yesterday you could buy it on Robin Hood. That's awesome. That's awesome. So, spread some rumors about it. Let's get it up to three bucks so good old Tom can get out at a really good profit. All right, so what do you got to do? Well, you got to come on over to X. You got to follow us on X where we talk about Bitcoin crypto all day, every day. Got to check out Merlin video here where we're looking to take 250 to make uh turn it into 1 million. What else you got to do? You got to trade with your head not over it. What else you got to do? Well, you got to do your own research. As you know, I'm a trader just like you. I don't offer any type of financial advice. And what else you got to do? Well, as a short-term trader, you got to enjoy the party, but dance near the door. Have a safe weekend if you're out in the United States, folks, for Memorial Day. I don't know what the rest of the people do this weekend, but the first weekend of summer. Chill out.

[00:16:00]Take care of yourself. Don't hit the alcohol or anything illicit too hard or at all. I'll talk to you soon. Cheers.