 What is going on, ladies and gentlemen, and Merry Christmas to you and your family. In today's video, we are talking Bitcoin as always. Today, we're covering what's been going on this week. We're going to do a recap of exactly what happened throughout the week. It's been a very up and down week, as you guys know. Then we're going to do a recap on the trades that we spoke about and that we mentioned the trade setups from Monday. And then we're going to go over some trade setups for this week and that we're going to be watching to hopefully make you lovely people. Some profits this weekend. So trust me, you do not want to miss out on this video. 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 Bybit in the description. We have a link where you guys can sign up through that and you'll be able to get some rewards on your initial deposit up to around $100 or more. So without further ado, let's jump right in, guys. All right, you guys, welcome back to Bitcoin Daily. My name is Jay. And today we're going to jump right in with, first of all, with the trade setups that we spoke about on Monday. Hopefully you guys took any of these trade setups and you would have made some nice profits. The first trade setup that we gave you on Monday was to buy an entry, a breakout entry above $23,000. That was the first setup for Bitcoin that we gave you guys. Enter it above $23,000. At the time, it was probably like around $20,000 to $600,000, something like that. And that ran, if you entered at $23,000 and held to the top of that range, it ran to the new all-time high, which was $24,700, which would have been around a 74% profit on that trade if you held out that whole time. And then the second trade we gave you guys on Monday was Ethereum. We told you guys we're buying above $620,000 as a breakout entry. And that ran up to about $638,000 for about a 15% profit if you were able to hang on and exit at the top there. So not too shabby, not too shabby. We hit on two of the trades that we gave you guys the other trade was on the drop, which didn't happen. So we were able to hit the breakout. That's why we always have two setups, guys. You always want to have a setup in the event that the price drops and you want to have a setup in the event that the price goes up. So you want to be prepared for every situation. Let's jump into the charts, guys. Let's talk about what happened this weekend. As you guys can see here, basically, we've had this big bull flag here going on. And that's kind of what we've been watching. As you guys see, it's been respecting this channel, the top of the channel that started way down here. It respected it as part of the bull flag here. And as you saw, we kept getting rejected up here, rejected, rejected, rejected until finally today, we were able to break out. And as you guys know, what we were doing, we were basically buying anytime it came into the green zone down here and then taking profits up here. So you guys can see how many times it did that, right? It just kind of bounced back and forth. If you guys look at this after it went up here, then it came down, up, down, up, down, up. It was pretty easy pickings there to be able to get those. That plan worked out perfectly. And then the next plan was to buy on a break of this flag right here, which also worked out perfectly, as you guys can see there. And we set new all-time highs today again. So the new all-time high is now set at $24,812. And you see that we just touched it again in the last few minutes, I believe, actually. We just touched that $24,800 again. So what we can expect now over the weekend, as you guys know over the weekends, for the last few weeks, we've been getting a lot of movement to the upside. And then sometimes on Sunday going into Monday, we've been getting drops. So that's kind of what we're watching for this weekend. We're looking to buy basically above the all-time high at this point for the breakout trade. So the first trade that we're looking at is to buy above that $24,800 zone. We'll have entries set up above the new all-time high because we believe a break of this could lead to $25,000. So that's currently what we're watching here. We're watching for a break of that to hit that $25,000 over the weekend. The next thing we're watching, if we have a pullback, it could definitely pull back to that $4,000 zone right back here and test this and confirm it as a support. So that next entry that we're looking at is a pullback entry, right? So we're looking for the price to do something like this where it comes down here and then comes back up. And then on the way up, that's where we're looking to enter as a breakout trade. So that's currently what we're watching though. Those are the two main trades that we're watching. We want to try to buy above that breakout up here, right? And then we want to try to buy, if there's a pullback, we're looking to buy down here at these levels, right? So those are the two main trades really that we're watching this weekend, guys. There's not that much to it. We're just kind of hanging out. We're not doing too much trading, but there could be a lot of volatility coming in over the weekend, especially after Christmas. I still think we're going to go up, but you have to be prepared for any scenario. So another thing, a lot of people, a lot of these YouTubers and all these guys on Instagram were talking about this possible head and shoulders thing here. So everybody was saying that, oh my God, there's a head and shoulders, and Bitcoin's going to dump. And they're trying to predict that. And the thing that you guys forget is that it's Bitcoin, and Bitcoin doesn't care about your head and shoulders. Bitcoin doesn't really care about technical analysis, and Bitcoin doesn't care about your bias. There's a lot of Bitcoin bears out there that were calling head and shoulders and they were calling a 30% dump, and were reminded that Bitcoin doesn't care, and it's just going to do what it wants at the end of the day. That's why you cannot have bias when trading, guys, and you cannot, regardless of your opinion of what you think Bitcoin may do, and regardless of the analysis that you do on Bitcoin and try to figure out where it's going to go, at the end of the day, you have to just trade price action. Don't trade your opinions. Don't trade your bias. Don't trade your predictions. Just trade that price action, guys. If you do that, then you'll become a better trader. And that is basically what we did this week. We didn't care about all that other mumbo-jumbo, and we just traded the price action. We traded exactly what the price gave us, and that's how we stayed profitable throughout the week, and that's how we stayed profitable long-term. We're going to take a look at Ethereum here. As you guys can see, there's been a lot of, just kind of a roller coaster ride this week, right? So we've had that grind down, where we went way below that level that we liked here, right? So we rode all the way down. Now, we did hit that 620 trade, as you guys can see here. Hit 620, and it rolled up almost to 640, which was this next Fibonacci level, that 38.2%. And then it got rejected right back down, and it had a bounce around that 580 range. So we spoke about this range before. As you guys can see here, there's been a lot of price action there at that 580, and then we had the bounce there, right? We went up, and we were able to take some trades there at 580. Right here, we want to broke up. And as you guys can see, it's just gone all the way up pretty much, you know? Right now, we're currently at this resistance, which is a Fibonacci level, which is also on top of the next trade that we were looking at, which was that 620 range right here. So that was at 61.8% Fibonacci level. And as you guys can see, we broke out, and we hit about 633 or so. And now we came back down, and we broke out of it again. So that 620 zone is definitely a level that you guys can trade here. If it's going down and up, you guys can enter it every time it goes back up, and then use basically these Fibonacci levels as your targets. So you'd be looking at 630, 640, and 650, right? Those are the basic numbers that you're looking for. And then of course, the all-time high is right above here. So that's right up around 680. So that's that next entry that we're looking for. So right now, we're going to keep using this Fibonacci level to take entries, which is that 620 zone. So we really like that zone to continue taking entries there. But if we see a lot of consolidation, just kind of like this, then we might look for a new entry, possibly like above another candle or recent high or daily high or something like that, to try to not be in this consolidation pattern so much, right? Consolidation kills your stop losses usually, or you just need to have really wide stops. That's the issue with that. So we're using the 620 levels for trades. And other than that, if we were to drop back down, that first level that we're looking for for an entry is 600. Next level is that 580 mark that we spoke about right here. If we break out, then we're going to be using that 620. And then that next entry above 620 is going to be the 650, right? And then you're looking to hit a break above 650. You're looking to hit the previous high, which was this right here, which was 680. So that would be your final target. And then above 680 would be a new entry again. So that is what we're looking at any theorem guys in Bitcoin for this weekend. That's all we're covering today guys. I hope you guys are enjoying your holidays. I hope you guys are safe out there. But that's pretty much it guys. I hope you guys have an incredible weekend. Hope you guys are enjoying the holiday. And I will see you next week on Monday. Peace and love guys.