The video analyzes Bitcoin's short-term rally following news about potential inclusion of cryptocurrencies in 401(k) retirement plans. Bitcoin broke through $115,000 resistance and the 4-hourly downtrend from July 13. The total altcoin market cap broke through the $1 trillion mark. The analysis mentions a potential pull back to $115600 which now should act as support and a target of $120000, The short term analysis expects more gains as long as Bitcoin remains in its actual trend. The U.S. Dollar Index (DXY) is dropping to 92, potentially fueling crypto markets rally. S&P 500 is looking bullish with continued upward movement. Total Cryptocurrency Market cap breaking weekly high the main target is to break 1.06 for a strong upwards continuation.