 Happy Friday guys welcome back to Bitcoin daily for another video in today's video We got some juicy juicy info guys So we're gonna be talking about this amazing run that we had this week. Look at all these green candles We're gonna talk about what what the potential is For the over the weekend one and in the future. What's the next bitcoin move? Right then we're also talking about we're gonna cover some trade setups for this weekend for this and for some of our Favorite outcoins guys make sure that you like and subscribe guys hit that notification bell and drop a comment Let us know if you've been in this bull run and if you guys are interested in using the exchange that we use We use by bit So um in the link and in the description We have a link where you guys can just hit that and sign up through that and you'll be able to get some rewards on your Initial deposit up to around a hundred dollars or more. So without further ado, let's jump right in guys Alrighty guys, so let's get right into the nitty gritty My name is Jay and thank you for being on this bitcoin daily video So let's uh, let's look at some charts. Uh, but before we look at charts Let's actually speak about friday's video. So on friday, we gave you guys some trade setups so um The first trade setup that we told you for bitcoin We told you guys that we're buying breakouts above 19,300 and that ran all the way to 23 700 as you guys know new all-time highs Um, if you held that entire position with 10x leverage, you would have made around 227 Profits guys um an aetherium That we told you guys we're buying uh entering around 590 And that ran out ran up till about 677 dollars Which would have got you guys if you were using 5x leverage about 70 profits bitcoin cash You told you guys we're buying breakouts above 280 If you enter that 280 and wrote it up to 330 that would have been around 85 percent profits if you use 5x leverage Litecoin if we told you guys we're buying entries breakout entries above 85 dollars Um, and that ran up to about 112 guys So that would have been around 155 profits with 5x leverage XRP we told you guys we're entering above 52 cents and that ran up to about 65 cents, which would have been 125 profits with 5x leverage So, um, we hit every single trade guys Obviously the whole market just took off, but we gave you guys these trade setups on monday Um, and every single trade setup came through So if you guys took any of those trades, let us know in the comments Let us know that you took our trades and we're able to make some profit All right, so now for what everyone's been waiting for let's take a look at the bitcoin chart All right guys, um, so as you guys can see here, we've had this huge breakout above That that previous all-time high It was also a breakout out of this Flat top ascending pattern that we're that we're watching here as you guys can see the white lines right there Um, so you guys can see that it if pretty much followed Uh, that pattern it respected all these levels So when when they had got to the top here, we had that touch it dropped down Then we had another touch here it came down and it came back down It almost broke out, but it got that bounce on this other support And that's kind of uh, what led to a new test of the all-time highs and the eventual breakout So, um, once we broke out It was just off to the races as we told you guys, um, we had entries above 20k Uh, hopefully you guys listen because we've been saying entries above 20k for a while now And this is exactly why we knew as soon as the price was breaking out of 20,000 It was going to the moon. It was just going to to new Beyond all-time highs, right? So that's exactly what happened here guys. We took off and we went all the way up to 23,837 guys. So that is insane insane insane So if we kind of take a you know zoom out a little bit here Um, and take a look at the bigger picture right now You see that we were in a basically in a ascending channel for the last Two months or so, maybe even beyond that, right? So we were bouncing around bouncing around bouncing around finally We got the breakout, right? So we got the breakout within the channel. So that was within that flat top We broke out we're still in the channel, but we broke out of the channel as well So what's happening now is that We're pulling back right now as you guys can see right here We're have the pullback and we're going to be testing this Fibonacci retracement level Which is at 23.6 percent and we're also testing the top of that channel, which is now a support, right? So at 23.6 Fibonacci level is actually that that 22,300 level where we've been bouncing So you see we touched it there. We touched it there. So we touched it twice already in the four hour time frame So we need this 23.6 Fibonacci level to hold right if it doesn't hold We might break down and if we break down that first level that we're looking at is at around that 21,500 level. This is also where this Fibonacci retracement level is Um, as you guys can see here, let me draw so you guys can see better what I'm talking about, right? So if if this is the the 23.6 if we break this right here, right? If we fall below that then we're going to come down here, right? So this is at 38.2 percent Fibonacci level if we break that Then the next levels that we're looking at is right here the 0.5 Percent retracement level, but the bigger level is this one right here, which I have highlighted Which is a 61.8 percent level. So that is That would be if we had a pullback I believe that we would be returning back down to that level, right? So if we if we break this right here, if that's broken if this is broken We have a lot of support here, but if that's broken I think that we may retrace all the way back down here to retest the 20,000 right? So we're going to retest this as and basically confirm it as support Before going back up. That's currently what I'm looking at right now As you guys can see we're at the top of this channel right now So I'm not currently looking to take to really enter any trades here, right? That's that that 23 23,000 level right now I'm not I'm not entering any trades there because as you guys can see we're currently in a bull flag Downward channel and we're at the top of it. So Due to that I'm not looking to enter there I would need basically a breakout above probably above this candle right here, which is above which is 23,300 So that would be the breakout that I'd be looking for to enter back up And then obviously we're gonna we're gonna be testing the all-time highs which is around that 23 750 to 23 800 If we go down So that's one setup that we have there that we're looking at throughout this weekend So if that doesn't happen and we continue down Then I'd be looking at a support entry down here, right? So this is that that level I spoke to you guys about that's what I'd be looking Look at this confluence right here. So we have the Fibonacci retracement level there Plus we have the top of this channel that we just spoke about So that is a possible entry right there I would like to see it bounce there and it and then I would like to see you know it go back up So if it came like this and it kind of went under a little bit and then shot back up That's where I'd be buying I'd be looking to buy that right there So, um, that's the next Trade that we're looking for those are the two trades that we're looking for over this weekend We have to see what happens with this is currently at the top of this channel As you guys can see whenever it was at the top before, you know, it got rejected rejected and then rejected on this top part here, we're expecting this to kind of come down here and then Try to bounce up again and then this is where it has to make a decision this point right here So it's either gonna break down or you know, it's gonna go down or it's gonna go up At that point. So that's where we're Kind of waiting right now to see if something happens there because If it continues down then we want to look for new entries down here So this would be the the next area to look for entries And if it continues below there, then we're expecting it to drop at that point that back to the 20 000 to test it And then we expect it to shoot up on on that shot back up is where we would expect to break this all time There's the new all-time high and our next level that we'd be looking at is probably 25k right and after 25k is probably 30 000 right so those are the two levels Next levels that we're looking at once we break out of here, right? So that's kind of my targets right now my my longer term targets not over the weekend targets But my longer term targets if we break back up Or even if we drop back down to test that 20 000 support I expect I expect it to go down and then to to come back up and then possibly be able to test This here this level here the trade setups are again If we break out of here out of this bull flag, then i'm looking to buy above here So that's where I want to buy my targets going to be right here um, if we don't and we go down first, I I'd be looking to Enter a support entry right here If we break down below that then i'm looking to enter down here, which is this Fibonacci level If we break down below that then i'm probably looking to enter this Fibonacci level down here, which is at 20 000 it all it all You know kind of starts making sense once you put the numbers together with it That's currently the situation in bitcoin guys. That's what we're looking at next So let's go ahead and take a look at ethereum as you guys can see here It has a very similar chart to bitcoin As you see it's in this ascending channel and it broke out of it But then it got rejected when it got rejected then it started, you know coming back down So I got rejected up here We went as high as almost 680 and now we're we're inside this bull flag descending channel, right? This is kind of what's expected and then we expect from here As you guys can see right there a bounce back up to test this these new highs and then to possibly break above that So that's currently what we're watching in Any theorem right now the the entry i'm looking for is definitely around this area Which is a 61.8 percent Fibonacci zone and it's that 620 dollar zone, right? So that was a big number before that we couldn't break out of and now that we finally got the break as you guys can see Look all these rejections here. We got rejected quite a lot finally We broke out right here and we might the same thing as bitcoin, you know We got this rejection right here. We might now form this bull flag you know and Come all the way back down we test this and confirm this as a support And then shoot back out if there's a pullback like it's currently doing right now That's kind of what i'm looking for and expecting If the pullback continues so the trade setups i'm watching for over the next few days over over the weekend Basically a test of this 620. I want to see a test of that Fibonacci level if it tests it then i am buying I would definitely be buying there if we have a breakout Then i'm also buying right so the breakout number is probably going to be above this Fibonacci level, which is 23 the 23.6 Which is around that 656 54 range So you have to be careful because there's there's been a lot of fake outs there So because of that i'm trying to avoid all of these small little fake outs So i'll probably be setting my Buys up above 655 for ethereum So 656 55 is going to be my my entries And then the the second entry will be this Fibonacci retracement level 61.8 which is something that i expect if we get rejected there and test this go there Then i expect to hit that and You know take off So that would be the other thing the other zone i'm looking for for an entry 620, right? So that's pretty much it. That's that's currently what we're looking at there That's it for today guys. We only went over bitcoin and ethereum But we just really wanted to be in depth with those two since those are the main ones that we're focusing on right now During these breakouts. Um, but that's pretty much it guys Please make sure to hit that follow hit that sub hit that like on this video Which is going to help us continue to grow this channel and continue to put all this information out there for the community Um, so that's it guys. I hope you guys have a wonderful weekend Hopefully we make some profits this weekend like we did the last few weekends in a row Um, so yeah, that's it. Let's make some profits guys. Peace love. See you guys monday