All right, everybody, sorry about the technical difficulties at the top, but we are live.

And welcome back to the Crypto 101 podcast. It is an exciting day. You saw the thumbnail and the title.

It's technical analysis because Bitcoin is at a key level today and the next

move could decide the direction for the entire crypto market. We're breaking down the technical

analysis for Bitcoin, the major support and resistant levels that Brendan is going to show

us in the charts right after this intro and what a setup means for the altcoins, Ethereum.

We're going to talk about it all right now. You're in the right place. There's a lot going on in the market. It's obviously been volatile times. There's a lot of talk about the Seasfire. There has been now for multiple weeks, but the markets seem to be moving higher this Friday afternoon. Brendan, welcome back to the show. Thank you for coming back. And more importantly, thank you for bringing the charts with you.

It's a good time to look at the charts. It's a pretty good day here for Bitcoin as we're having a nice little rally back to the upside. We'll talk about the catalyst. But Bitcoin pushing its way back to 74,000. It's a pretty steep decline this week. Started the week off at a high of around just shy of

78,000 since then we've fallen down to about 72, rebounded here from 72 to 74 today.

Good stuff all around to you. I think we just kick things off like straight into the charts.

Does that sound good? Pull them up. All right. Let's do it. Yeah, I mean, Bitcoin here is what I think a lot of people are looking to pay attention to because, you know, it's the leader of the crypto market, right? What Bitcoin does, a lot of the rest of the crypto market tends to follow. And we are still in this pattern where it's like move down, bare flag, move down, bear flag, rinse and repeat.

You know, that's nothing new, right? Nothing has really changed from that point where you have

the move down, bear flag, move down, bear flag, move down, bear flag. I think the big change here

from recent weeks is that we came up towards the top of this. We were a little bit optimistic

that maybe we could break through this.

And now we're at this conflicting point of interest where there is a lot of indicator data and a lot

of exterior data that's saying, hey, there could definitely be a reversal at play.

Historically, when we've seen the kind of data that we've seen, and we'll walk through

this probably today,

uh, that shows that the bottom is typically in. The difference here is that the chart itself,

the actual candle chart is telling us a little bit of a different story. This is saying, hey, we're still in these bear flag breakdown rinse and repeat cycles. We came up to the top of

this bear flag. We rejected it. We came up to the top of this bear flag. We rejected it.

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