 In retrospect it was inevitable. That's basically what I said about Elon Musk converting over into Bitcoin. That is exactly what Elon Musk tweeted this morning eight hours ago and changed his bio to simply Bitcoin. This alone shot the Bitcoin price up back into the moon or should I say Mars? I'm gonna have to buy space suit. Hey what's up Jay here and welcome to Bitcoin daily bringing you guys the best tips, tutorials and ideas to help you guys become profitable and successful traders. If you're new here the goal of this channel is to empower you guys with the resources and knowledge to help you get to that next level. So make sure to subscribe, hit the like button, share this video and turn on that notification bell so we post videos like today's you guys catch these trades, you guys catch these profits. Let's jump right in. All righty guys so today we're gonna be covering the trade recaps and gave you guys on Monday. We're gonna go over it see what the results were then we're going to cover of course this crazy run that's happened this week so far well today so far and we're gonna cover Ethereum as well and we're gonna talk a little bit about Doge. I know a lot of you have been asking a bunch of questions about it so we're gonna touch on it a little bit and you know give our insight on it and then of course at the end of it we're gonna give you guys trade setups for the weekend to hopefully make you guys some massive massive profits. Let's do it. So first thing we're talking about of course is the trade recapped trade entries we gave you guys on Monday. So the first trade that we gave you guys on Monday was the $35,000 entry that was the main trade that we were using and as you guys can see we broke right out and shot straight up to 38k so that's basically what we spoke about Monday that if we could break out of 35 that would mean that we were breaking out of this channel and we will shoot up to 38 and boom you have it there exactly what happened if you entered this trade at 35 and wrote it up to 38 you would have done 86% in profits guys 86% if you took that trade today is really what happened right congrats if you made those profits the second trade that we gave you guys was that 33,000 entry right so that 33k range was right here as you can see a lot of consolidation in that area so it was definitely a possibility that you could have got stopped out but there's also definitely a possibility the first time we broke out of it it went all the way to 35,000 so if you were able to write it from 33 to 35 that was 60% profits if you use 10x leverage like us if you had hands of diamond and held it from 33 and all the way up to 38 guys that was 151% profit so congrats on that if you were able to hold that then the next trade that we had was the Ethereum trade 1350 so 1350 was a very very choppy area as you guys can see there lots of chop so it was definitely a possibility that you might have got stopped out here but if you did re-enter like we always tell you guys to do to just keep re-entering these trades you would have you would have done about 18% profits if you use 5x leverage like us if you entered the other support so the support entry that we told you was here at that 1200 level so it went the low of it was 12.06 so if you were able to catch that or anything around there you would have done about around 80% profits on that move so that one was a harder one to catch because it didn't go exactly to 1200 but like we always tell you guys it's not exact numbers it's areas it's zones so anywhere in that zone you got to be looking for entries at that point right so if you were able to catch it congrats guys all right so next we're going to cover doge and then we'll jump into some BTC ETH and then as promised some trade setups for the weekend so in doge guys i know a lot of people are asking about it it had a crazy crazy move yesterday as you guys can see it went from basically around the four hour here so it went from though that one cent range posted it in our story yesterday when it was still around one cent and it went all the way up till about the high was around eight cents so crazy on on robin hood i saw that it went all the way up above nine cents guys the thing with this this is a meme coin right so there's no actual projects behind it there's no actual anything behind it right the only thing behind this right now is the redditors that are pumping the coin so this is a high risk high reward type of thing right yeah it could definitely take off again like it did yesterday and and you know test that 10 cent area again and you could double your money or it might just fall all the way back down to one cent and under and you could lose the majority of your money right so that's why i say this is a high risk high reward this is you know like going to the your local casino and betting on red or black right you have probably less than a 50 chance to make money on this right around that 47% chance is probably your your chance to make money but it could pump you know it could this is not predictable this has nothing to do with technicals has nothing to do with anything at all if the redditors pump it like they've pumped game stop then awesome you guys will make money if they don't then you're gonna lose your money that's that's really all it is i would advise you to take that money that you wish to put in this go bet on red and black on in your local casino and you probably have a better chance at winning i know that's probably not what you guys wanted to hear and i apologize but hey somebody's got to say the truth right so now let's get into some seriousness looking at bitcoin here as you guys can see it's been a very choppy week we tested we retested again this golden ratio Fibonacci level that $30,000 range huge whole number i told you guys there was so much support here so hopefully you guys listened and bought this dip because that's really all you had to do i bought the dip on the way down probably i bought i think around 30 then i bought again around 29 8 probably 29 5 so i was just kind of averaging down as it was going down in leverage positions but of course these are small positions that i'm dollar cost averaging using low leverage so i was able to buy it all the way down and i was able to hold it and sell up at $37,000 this morning for a very very nice profit so what can we expect next here so you see that we broke it seems like we've broken out of this channel right so this is a channel that was basically giving us the lower highs and lower lows right and it was the descending line right if we would have continued in the channel like i told you guys on monday we continued in this channel we were eventually gonna break this this Fibonacci level and come down to this one which was around that 27k range now that we've broken out of that channel as long as we stay above this channel we should be good to go to retest 40 000 and possibly new all-time highs so that's what we're currently watching here that it was a big impulse move this morning so this is this is normal this is just consolidation after an impulse move you can expect to possibly stay within these two Fibonacci levels of 38.2 and the 23.6 this would make it a a bull flag right if we stayed if we stay like within this channel kind of like this and do this over the weekend we could possibly have a breakout to the upside which will send us back up here to the the all-time high 42 000 of course first we have this stop right here that 40k big hole number it will definitely be the next resistance after this right here um so those are the levels that we're currently watching there as far as support like we said 35k is the big big number below 35 if we were to fall below 35 we would be testing back down here the 33 000 level and if that weren't able to hold then we would test again of course this level right here which is the 30 000 level i'm hoping and i'm very bullish for it to stay above 35 000 today by the time this video comes out and hopefully it's not under and i sound really stupid at the moment but i do believe that we should be able to hold here you guys can see there's a lot of support here there's been a lot of resistance here as well so it is a big area of interest where there will be a big fight of bulls versus bears right so i think we could hold above this and then we could hold above above this over the weekend we could see a push up with everything that's going on right now you know i think wall street is showing how important and why bitcoin is so important literally everything that's going on right now in wall street is the issue with the financial system and this is literally why bitcoin was made because bitcoin solves this problem the government has way too much control over our money and bitcoin is a way to take control away from the government so you saw how robin hood was able to suspend people from buying certain stocks and all the other brokerages also suspended the buying of those stocks and they literally forced depreciation of those assets depreciation of those stocks so that the big players the hedge funds that were going bankrupt could make some some of the money that they lost back there's a report that they've lost hedge funds have lost around 70 billion dollars in funds over this last the last like two weeks or so so of course they're crying they're saying that these are not the rules of wall street and that we're not playing by the rules so they're very upset that they're losing money because we're not playing by their set of rules so now they're trying to change the rules so that it's again in their favor and they could continue to make money while us the little people continue to lose money so I didn't mean to go on a rant about this but guys this is literally what bitcoin was created for this is what bitcoin solves it solves the issue of these people with all this money setting their own rules and taking controlling the money controlling the rules that we play by we need to take control away from these people these corporations you know the corporation being able to say what we can buy and when we can buy it and when we can't we need to take control away from the government that's what bitcoin does if you weren't a believer in bitcoin before hopefully what's happening now has converted you into a believer the same way that it did for Elon Musk guys look at Elon Musk he is now a believer in bitcoin next let's take a look at ethereum here as you guys can see we're still in the same range right so we tested this 1400 level again so that was the breakout then we tested 1200 had to bounce back up and now currently around that 1400 level now bitcoin is pulling back a bit so it's also pulling back and I know a lot of you were saying you know why isn't ethereum moving as much with bitcoin you have to remember when there's huge impulse moves for bitcoin money moves out of coins like ethereum and other outcoins it moves out of those markets and it moves into bitcoin right then as soon as bitcoin finishes its move then the money starts flowing out of bitcoin again and back into the outcoin markets so that's currently what's happening here and it's why ethereum lags when there's big impulse moves in bitcoin even though it did move as you guys can see here it had a how much was that 7% move up basically from around 1300 to 1430 so it did move up however it didn't move up as much as bitcoin because a lot of money was going out of ethereum and into bitcoin since bitcoin's was making such a big move at the time so it took over some of the market dominance right so let's actually move i'm gonna move the fibonacci retracement tool to this new all-time high because i haven't reset it ever since the new highs so there we go so now what can we expect here so now as you guys can see the bottom here is right around that 1300 level so that's definitely a big level to enter if we were to test that level again and obviously 1400 is a big level here so it's a big resistance level it's also a breakout level so we would need a break out of 1400 to lead to the new the previous all-time highs if we get pushed back then it should probably be to this area right here and that's right at that 1400 level which is also this fibonacci level 23.6% level if we were to go below that then we can expect to see another test of that 1200 level which is also the 38.2% fibonacci zone as you guys can see we tested it there but yeah that's pretty much it we will probably end up just kind of consolidating here until we can make a move up to the previous all-time highs right so as long as bitcoin consolidates we can possibly move higher if bitcoin moves up higher we will move up higher but if bitcoin dumps then we will dump and we will test its support and possibly that next support as well so it just depends very dependent on bitcoin so we just got to kind of watch bitcoin and it'll pretty much more or less give us an idea of what to expect from ethereum all righty guys i hope you guys are enjoying this video so far next we are going to cover as promised some trade setups for the weekend and and yeah it's pretty much it well and then we'll make some massive profits become crypto millionaires and uh take a trip somewhere right so make sure to subscribe guys make sure to like this video drop a comment let me know what you guys are thinking of this entire crazy situation this week let's dive right in all righty guys so the levels that we're looking at is pretty pretty simple pretty straightforward we're looking at that 38 000 level um that's gonna be a big level to break to get to that next 40k right so we will need a break here to get here to get here right so those are the three levels uh going up that i'm looking at so you can set we're gonna be setting buy orders above 38k you could possibly set it above 37 but look at 37 if if you were to buy at 37 you'd be buying right here which there's resistance right here so it kind of there's just no room there to profit right the risk reward isn't there and the support is down here so this is your reward this is your risk it just doesn't make sense doesn't add up so above 38k is where we're looking for for a breakout entry on a pullback we're looking for entries at 35 000 that's our pullback entry if it were to go below that then that next uh support is at 33 which is also going to be now with the this top of this channel these it was a descending resistance now it's going to be a descending support uh type of thing so hopefully we're able to stay on top of this channel if we are to break below this 35k support so we're watching here that's currently the trades that we're taking so 38k 35k we're staying out of what's in between in ethereum we're going to be looking for of course a break above 1400 now it's going to be a consolidation zone guys just like this one so it is kind of high risk if you want to be extra safe then you want to be above that 1480 mark right or even above 1500 would be even even safer but if you don't mind the risk then you can enter that 1400 zone or you can wait for a support entry down here so support entry would definitely be right here at that 1300 area right so the two the two entries would be above all-time highs and back down at that 1300 support if you are willing to take more risk then that 1400 area could be a possible breakout entry as well that is it for us guys it's been a crazy week to uh say the least it's been insane but it's it's definitely been I believe eye-opening for a lot of the people that are still not into bitcoin or might not have been believers of bitcoin before I believe that this is all leading just right back to bitcoin right all this stuff that's going on the way that hedge funds are playing the way that governments and corporations are currently playing just showing everybody's opening everybody's eyes to bitcoin right bitcoin is the solution going forward bitcoin is the future appreciate you guys for watching this video I hope you guys make some profits with these trade setups that we gave you guys hopefully you guys made some profits from monday's trade setups thanks for being with me all this week guys I will see you next week on monday with some new videos hopefully let's see what happens during this weekend I will be updating you guys on instagram make sure to follow us on there as well if you're not already I hope you guys have an amazing weekend have an amazing friday guys and I will catch you guys all on monday as always guys peace and love