The analyst discusses the CME gap for Bitcoin, which is currently at $116,800, while the current price is at $112,294. He expects Bitcoin to close that gap sometime in the current week or next week. A whale sold 24,000 Bitcoin in the open market, equivalent to $2.8 billion. The analyst notes the presence of a bearish double top formation on the 4-hour chart. A key level to watch is 111,900; if that is broken with a 4-hourly confirmation, prices could potentially drop to $100,000. The analyst also mentions that a lot of Bitcoin has been sold but still down 3-4% after this big amount of sell, MicroStrategy MSTR isn't performing well so probably it will not buy bitcoin today, also analyst provides the twitter to real time update.