The video provides a technical analysis of Bitcoin using CME futures chart to discuss gap theory. Gaps are identified as price discrepancies between trading days. The presenter advises new traders not to blindly rely on the belief that all gaps must be filled because there are gaps that are not always filled. He specifies the chart used as BTC1!, or by typing "BTC F", showing a daily time frame. The presenter points that a gap exists around 103K, and another at 97K, then at 92K, where bitcoin might pull back and get filled. The current price is near 113K, and the presenter predicts, based on multiple technical factors and consolidation period of more than one month, that the market should rally to 125k and that low is in.