 What is going on ladies and gentlemen and welcome back to another Bitcoin daily video today we are talking about not only 20k but 21,000 guys if you guys look right here you can see that currently Bitcoin is at $21,420 that is right guys that is not a mistake today not only did we break the all-time highs but we continued up if you guys watched Monday's video you will know that we told you guys about this breakout if if it broke out that it was gonna continue up and that you needed to have entries above at like right above 20,000 so hopefully you guys took that trade and made some amazing profit here with this move so we're gonna talk about that and we're gonna talk about what we're thinking of next what we can expect to see next in Bitcoin and maybe some trade setups for the next few days for the rest of the week to make some more profit so make sure guys that you are subscribed hit that notification bell so that you're notified as soon as we release videos and drop a comment let us know what you guys think about this bull run so far this year and where do you think Bitcoin is going to go by the end of the year also where do you guys think that Bitcoin is gonna go in 2021 now that we've already reached this right so let's jump right into the video guys alrighty guys so let's go ahead and take a look here as you guys can see we're looking currently at the monthly chart and you can see how back in 2017 guys three years who else has been holding for three years with me let me know in the comments um look at this drop so we the in 2017 the high was 20,093 and then that's when we had that drop all the way down here to the lows of what was the low here 3343 was the low before jumping back up in in June 2019 we jumped back up to a high of 13,920 just to fall right back down to about we fell to 6410 and then in January of this year so we opened up in January at 7,163 and we ran up as high as 10,550 in February before the pandemic hit and dropped us all the way back down to what was the low here 3596 so I'm basically the same low same lows that we saw here so this support held here and that's when we bounce back up and basically took a rocket ship to the moon guys I should just put a moon up here because that's literally what happened here ever since this these that drop right there um yeah guys we did it we made it we're at 20k there's literally absolutely no way that you could be in a loss if you've ever bought bitcoin at this point today right so um so let's talk about these first of all these last three months look at these candles 28% 42% and 8% so far in December but November 42% guys just in November 42% that's insane November we opened at 13,800 and we went as high as 19,942 insane run guys um and then we opened this month in at 19,714 and we're currently the current highest 21,604 that is the new bitcoin high so we've been kind of messing around there we've been bouncing up and up and down let's zoom in a bit to the daily see what's going on in the daily um from a daily standpoint um so you see here this is the chart that we were we've been looking at right we've been looking at this chart basically for for the last few weeks or so uh since the end of November that's when we had the run up to test the all-time highs and we dropped back down um and then we've been bouncing up you know got rejected and bounced up again and then that third time is usually a charm right so this is a third time that we do touch that same spot so you guys can see if you look right here we touched it right here um then we had this fake out right here and then all of this right here we were basically just getting rejected which let us back down then uh we finally got this bounce right here at this support and that's led us up so um basically guys uh this is a breakout now we have to just make sure that we close above here um and then we gotta see what happens right so um the first thing i'm looking at here is what happens if we do retrace right if we we have a retracement um a pullback where is it gonna pull back to so that's usually my first thought after such a big impulse move like this so i'm gonna go ahead and get the fib retracement level and start off from where this move started um all the way to the top here boom okay and um then let's go ahead and take a look at these levels here on the fibonacci retracement tool so the first level that we're looking at if we get a pullback is right here to the 23% um which is that to that 20600 range right that's the first area where we could see a pullback to the second area would be all the way back to 20k all right so those are those are the two levels that i'm currently looking at for pullback entries if we see a pullback if we don't see a pullback and we just continue up then uh i mean basically when you're looking up there's um you know not much to go off because we've never we're we're for the first time in three years we're in uncharted territory so we don't know really what's gonna happen right we don't above 20k there was no levels there's no history ever so um what we do to you to to kind of play these levels we we like to use um breakout momentum entries basically uh or pullback entries right so those are basically the two different strategies that we're going to be using um to enter new trades at these levels so the first one is uh the pullback if there's a pullback we already have our two levels where we could look for entries right and if um if we continue up then we have we already have one entry that we can use for entry which is above the all-time high so above that there's going to be a lot of volatility which you can expect there's going to be both buyers and sellers um and we're hoping that there's usually we're hoping for more buyers um so that's usually when we break the previous all-time high or the previous high of a candle there's usually momentum that pushes the price up and there's usually um if there's any short sellers they they're usually putting their stop losses right above the uh the previous high um which also closes out their shorts uh which also helps push pump that price up so um so that's going to be our third entry that we're looking for here um above the previous high and then uh the next entry that we be looking at is basically um using that next big hole number right so that next big big hole number we zoom in here now to the four thousand and four thousand what am I talking about into the four hour chart um we're currently at 21 400 so after the after the breakout entry here that new entry would be that need that next big number is going to be 22 000 right it's a very nice and even number so that's the next area where we'd be looking to enter a trade on a breakout above 22k so that's basically the three the four I just gave you guys four different trade setups um that we're looking at um you know on a pullback we just gave you guys some levels that we're looking at and if you guys look at here now that we zoomed into the four hour chart you see that we've already tested this uh this range right here that 20 600 but at the time we didn't know that was going to be a level right so um so if there's a pullback that's the first place that we're basically looking at we're also looking at 21 k we're we're want to see if 21 k holds here now as you just as you guys just saw uh a new candle just opened let me see is it the daily candle close yeah so the daily candle just closed right so that's really big to see the daily candle close above the all-time high um now we want to see this next candle you know stay above it right um so let's go back into the four hour so we saw the daily candle just closed uh we ended up closing at 20 000 no that's that's the uh the low um we ended up closing at 21 380 and we're currently currently at 21 385 so um so the daily candle literally just closed right now um so those are the trade setups that we're currently that we're going to be watching in the next day or two um looking for another entry here for those of you that didn't get any entries um for those of you that watched the monday's video we told you guys about that 20k entry that was one of our entries we also told you about another few entries i think we told you 19 500 was an entry um so hopefully you guys were able to catch one of those trades uh because they were both profitable uh the test back to 19 000 was also profitable you were able to enter through that um and then now we're just gonna wait and see what happens here right so we want to either see a breakout above the previous high um or we want to see a breakout we also want to see a breakout above the 22 which is a nice psychological home number and then uh we have the two uh retracement levels plus this this nice cycle this nice psychological level here at 21k so at 21k 21 2600 um and 20 000 those are all going to be playing uh pivotal roles in the next few days to see what happens with bitcoin so um tell me tell me guys what do you guys think where do you think bitcoin's going um in the next few weeks by the end of the by the end of this year and what do you think where do you think bitcoin's gonna go next year because if we already broke the all-time high this month where can we go next year this is this is still just the beginning of the bull run guys remember we just broke the the all the previous all-time high and every time bitcoin has broke the all-time ties before you know it's gone on huge run right so uh we just broke this all-time high for the first time this is just the beginning of the bull run um i believe we're gonna go much higher there's a lot of companies a lot of big tech companies that are joining into the that are jumping into this space there's a lot of ceo's and and the hype is starting to get real again remember the hype hasn't even come in yet that now it's when the hype is starting to come in but it's just beginning um in 2017 the hype was in around fourth five thousand six thousand that's when the hype came in which pushed us to 20 um now that we've broken the new all-time highs now's when the hype is starting to come in right um so let's let's see man i believe 2021 is gonna be a really big year for us um and i'm excited to see where it goes so guys that's pretty much it i will see you guys tomorrow on another video again uh make sure that you like and subscribe hit that notification bell we will see you tomorrow as always peace and love we're out