The analysis suggests two new focal points, Bitcoin's correlation to the S&P 500 tops, noting S&P 500 tops typically follow Bitcoin's by one to two months, and a long-term trend line extending back to 2017. According to the speaker there is a potential danger that S\&P 500 rounds at tops before Bitcoin, which is something to look for, and that the uptrend, since FOMC decision, has entered in unsustainable up trend rally. Also, there is a secondary trendline coming from 2017 which marks some peaks and which will lead, around october, to $128000. \nFor BTCUSD, $118000 is an important resistance level and 107000 a Key downside level, as it could have a negative affect in altcoins. If Bitcoin manages to break the 118000 level, altcoins and Ethereum are more likely to follow suit in doing something spectacular. \nIn conclusion the presenter does not find itself bearish but he also claims that " he is not buying" and claims that is better to react to the data, not trying to predict it.