The analysis begins by noting that it is triple witching day, which could indirectly impact crypto due to increased stock market volatility. Bitcoin's weekly chart is examined. Bitcoin is holding above the 21 week EMA around 109k. A break below the 55 day EMA, near 56k, would be problematic for bulls. The trend filter utilizes moving averages. The analysis mentions that September 2023 saw a local low formation, supported by the 21 week EMA.The analysis shifts to a daily timeframe, where the price is grinding through an established price channel. A break below this channel could initiate a C wave towards 96k-100k, while continuing inside of the channel may see the market trend higher. The video notes five waves up are seen technically and visually, which potentially completes on Thursday. A break below 113580 would suggest the bulls are in trouble.