 Welcome to October where every day we have new highs. Well, maybe not every day But today was definitely one of those days today Bitcoin set up a new high here as you guys can see we went up as high as 56,238 setting up a new high that we have not seen Since let's check back when's the last time we actually saw that price may 12 So this is the highest that the price of Bitcoin has been sent me 12 Hopefully you guys watched our video from last week on Friday when we told you guys Don't miss Bitcoin's next move guys We told you a week ago that this was coming in October Then we told you again on a Monday that we were coming for $50,000 the same way that we told you back in August that Bitcoin was probably going to be bearish in September So we've been I'm not gonna say predicting but we've just kind of been going back in history grabbing the data historical data and Trying to make our predictions based on that. We predicted September being bearish for Bitcoin We predicted so far that October is bullish for Bitcoin So you guys can see here that currently Bitcoin is up so far about 25% in October and it's only October 8th guys. It's only been a week So what can we expect for the rest of this month? Let's go ahead and dive into today's video Hey, what's up J here and welcome to Bitcoin daily bringing you guys the best tips tutorials and ideas to help you Guys become profitable and successful investors the goal of this channel as always is to empower the community with the knowledge and Resources to take your wealth up to that next level. So if you guys are new to the channel Don't forget to subscribe and turn on the notification if you guys enjoy this video Also smash that like button as it helps us out a ton. Let's go ahead and dive into today's video All righty guys. So first off Let's talk about the trade setups that we did on Monday's video We gave you guys two different trade setups that popped the first one of course was at $48,000 bounce back entry as you guys can see here if I move this out of the way That is to the top from the bottom from the entry of 48,000 to the top That's a 17% move if you add the 10x leverage like we do to our trades when you trade with leverage like we do Over on by bit. That's a hundred and seventy one percent profit on that trade now Let's say that you missed that trade and instead you took the $50,000 entry That was a 12% move up to the top of where we went today Which if you add in the 10x leverage like we do that's a hundred and twenty three percent profit on that trade So both those trades were extremely profitable guys if you took it congrats So on the theorem side the 3500 entry finally hit and if as you guys can see here It didn't move as much as Bitcoin as it's lagging behind a little bit right now But you can see that it's still a 5% move added in with some 10x leverage. That's a 51% Profit on that trade if you guys missed any of these trades do not worry We will hit you with some more trade setups for the weekend today so what we are seeing today in the charts you can see that we're getting some consolidation and Continuation to the upside we've now broken like we said earlier this week We broke and invalidated that head and shoulders pattern, which is of course a bearish Reversal pattern now by breaking up above and higher than this the head on the head and shoulders pattern We have invalidated that pattern. Therefore. It is no longer Intacted no longer is valid and we can continue to the upside without worrying about a Reversal at this point due to the head and shoulders pattern So what can we expect over the weekend now as you guys already know during the weekends? It's usually low volume Sometimes we might get a move up randomly So it's kind of hard to predict what I do predict usually is coming into Sunday when the volume comes back in There's usually some volatility and some movement going on there now. I'm still expecting Continuation up. I am expecting probably some I'm not surprised if there's any type of consolidation at our current range After such a big break. We've had basically four days of red in a row We had one little pullback and kind we're kind of back to consolidation at this point I would not be surprised if we had something like this where we kind of Consolidated within this range here before a continuation moved to the upside here But again, that's just one way that it could go throughout the weekend Another way is that it can just at some point pop up like it kind of did today already and tested at 56k area I'm expecting it to break that at some point if if it's if we're gonna break it It's probably gonna be Sunday going into Monday as of course tomorrow I'm expecting low volumes probably tonight probably expecting low volumes as well and Sunday early Sunday low volumes Then as we get into the afternoon and at night once the futures market opens expecting volume to pick up We can get some volatility at that point possibly a break here and a big move going into Monday So it's all bullish right now the sentiment is very bullish here But of course when that whenever those big moves like this you can expect pullbacks Maybe to retest this previous resistance area, which is of course at $50,000 zone We do have some minor support at 52 and then of course comes 50k But we're now into the next range of trading which of course is between 50,000 to 65,000 that is our previous all-time high. So what does this mean? We have we have a big chance to break this previous all-time high at this point Now the scenarios to break these all-time highs are back in play Especially now during October and November, which are the most bullish months for Bitcoin So guys you need to be invested in Bitcoin right now if you've sold for any reason at any point in time You guys need to be in it right now I'm expecting us in this fourth quarter to break the previous highs And set new all-time highs by November by this month Maybe November December for sure I think at this point any theorem you guys can see that we are it's basically following Bitcoin although it is lagging behind a little bit now We did break that thirty five hundred resistance here that you can see we had trouble at first We finally broke above it and now I'm expecting a move up to 4,000 very soon as it catches up to Bitcoin's move you can see here last time we broke thirty five hundred we ran all the way up to four thousand I'm expecting something like that again a run up to four thousand and once we break above four thousand I'm expecting to set new all-time highs retest previous all-time highs and set up new all-time highs as long as Bitcoin Continues being bullish whether it's moving up or it's just consolidating. I'm expecting the theorem to also continue So let's go ahead and talk about some trade setups that we're going to be watching over this weekend Before we do that don't forget to subscribe to the channel if you're not yet subscribed and turn on those notifications Also, if you guys enjoyed this video smash that like button for us one time And if you have any questions drop it in the comments So the first trade that we're watching for this weekend is that Rebreak above 55k you guys already saw what was the potential when we get that break above 55 We went all the way up above 56k today And I definitely believe that if we can break again above 55 and hold above 55 We should be heading up towards the $58,000 area for Bitcoin's price $58,000 that next resistance and after that it's $60,000 so above 55k There's 58 and 60 so it's a potential $5,000 move in Bitcoin if we can close above 55 so what we're doing is just using that break above 55 to enter new long trades and taking profits along the way if we have any type of Pullbacks during the next few days then the first level we're watching is 52,000 for a bounce back entry The second level of course is $50,000 in a theorem that next level that we're watching is a break above 3700 for we're only risking about 1% on that move Of course the bigger move is a break above $4,000 for our next long trade And if there's any pullback same thing as Bitcoin We're looking at that level where the Fibonacci is which is $3,500 for that bounce back entry So that's pretty much it for this video I hope you guys have enjoyed this video today If you did make sure to smash that like button if you guys are new to the channel don't forget to subscribe turn on notifications and Let me know in the comments if you have any questions if you like what we've done today We've kind of switched up the way that we're dropping content this week. Let us know what you think about that Thank you guys so much I know the video is a little bit different today is because I'm doing it on my laptop I'm out of town right now, but I still wanted to give you guys some content for today I'll see you guys on the next one. Have a great weekend guys as always peace and love