The analyst discusses Bitcoin, stating that it has hit a new all-time high. He previously opened long positions at the $75,000 support level, which he has now closed and is opening a short hedge position. He discusses an 11-year resistance level at $112,800. However, the price will potentially push all the way up to the support and resistance at $150,000. The analyst states as long as Bitcoin holds $75,000 support, the bull market is not invalidated. The USDT dominance fell and broke the line and the cryptocurrency is highly correlated to the SP500.