 What is going on guys? It is Bitcoin Jay with Bitcoin daily welcome to five minute Fridays Where we do a market recap and analysis in five minutes? So let's go all right So right away. Let's just look at the coin market cap see and we can see that it's pretty flat for the day Not too much going on. It's kind of been like this all week if we jump over to to Bitcoin We we're still looking at this Fibonacci retracement And we're still in the same range as you can see it's get it's slightly getting a little tighter Usually what that means one as it gets tighter is that there's less volume less going on So the selling end buying is getting weaker and weaker so whichever one Pushes first is gonna it's usually the direction where it goes so you can kind of see a triangle here Triangle that way will be reaching the apex soon and it should make a move in up or down now because if it is a bear flag Pattern there could be there is more of a probability that It would go down it would be a continuation down to this level right here, which is around the 9,000 level All right, so that's pretty much what we're looking for what we're looking at and what we're watching out for in Bitcoin During this weekend. So be careful with that. I have I am currently not in any day trade longs at the moment I would only be looking to You know buy a breakout Probably above ten thousand five hundred or this high right here, which was ten thousand forty eight Yeah, so ten thousand five hundred buy a breakout above that and then this will probably be the first Target price which is ten thousand eight hundred if we do break below this low Which is around ninety eight hundred then you can look to short it with your target being down here ninety two hundred to nine thousand all right we're at two minutes guys Let's go jump to the next one Ethereum kind of looking at the same thing. We are seeing we do see this bear flag But it is kind of trending upwards a little bit. It's writing this this moving average right here Which if you look here, it is a 15-day moving average So it's kind of writing on that 50 day, but again like we told you guys before It's gonna follow whatever Bitcoin does so that's why it doesn't really matter what the pattern looks like here because whatever Bitcoin does it's what it's gonna do going to Bitcoin cash same thing same pattern bear flag you see a triangle forming you see the Range being less and less So it's getting tighter and tighter that means we should be seeing some sort of move soon If you're entering here, you probably want to do a breakout entry maybe above like 230 If you want to be safer than above 240 if you look into short, then you're probably looking at short around I don't know. I wouldn't short right now. I wouldn't show only short under 200 That's pretty much it for Bitcoin cash. We're at three minutes light coin Same thing guys light coin we have the same pattern bear flag. You see it's getting tighter Weekends are usually less volume until about Sunday. Usually we see something happen on Sundays So that's kind of what we're looking at for all of these because we're it's all showing the same pattern bear flag There's a triangle here tightening up. We should see some sort of move soon XRP Same pattern you see it guys That's why you don't have to you don't really have to look at all these things because they're all going to be similar patterns They're all remember. They're all gonna follow Bitcoin Link chain link same pattern. It's a little smaller, but it's the same pattern It's see how it's getting smaller and smaller and smaller Tezzels same pattern Bear flag and it's getting tighter the range is getting tighter Neo Neo is one that that's kind of broken out beyond So the breakout was around 1870 19 dollars as you can see it broke out And we're at the what would be the first target, which is a $20. It's a whole number and what I told you guys about whole numbers Next target would be 21 and 22 Let's see what the feet Bitcoin futures look like Same pattern guys. It's a bear flag. It's getting tighter. So we should be seeing something Sunday once The future is open. Let's see where this gaps up or down to and that's pretty much it guys. That is our five-minute mark I Hope you guys have a great weekend if you guys have any questions about anything We just looked over if you guys have any questions about the patterns if you guys Have any questions about anything man? Just let me know That's pretty much it. We just want to do a quick overview of the market what happened this week What we're watching what could happen next week and that's pretty much it guys Make sure to like and subscribe. Please it helps us a ton. We're giving you guys all this information for free We're providing you daily videos five times a week Except this week because it was my birthday this weekend. So I was out of town But yeah, it's pretty much it man Oh, let's do the question of the day real quick real quick real quick Remember guys for the question of the day every video will have a random question Other questions always in a random area find the question then find the answer post the answer in the comments for a Chance to win a free months membership to our trading room. We already have several winners Winners will be picked randomly once the video receives over 30 likes Good luck guys. We need to get 30 likes There's a couple of videos over here. If you guys look at the videos Hold on let me let me pop up over here. Let's refresh it real quick. Oh It doesn't show me the videos like this. Yeah, let me pop back over here. Let me refresh this Let's look at the likes six likes 11 likes eight likes 15 likes 10 likes 10 likes 7 30 we got 30 on one Did we do this one already? Oh shit. We might have one. We got 30 likes on one guys See 19 25 22 29 34 we did this one already. So we did get one All right, we're gonna do a giveaway on this one. We'll do it on our Instagram We will be doing a giveaway here for anyone who left comments on this video remember that we always have a question of the day and the way you enter is by See answering here in the comments like these guys these smart individuals here So thank you guys man. I appreciate you guys have a amazing amazing weekend and Hopefully we all make some money this weekend peace and love guys