The analysis centers on Bitcoin (BTCUSD), currently priced at $118,312. It identifies two primary reasons for Bitcoin's recent lack of price appreciation: liquidity flowing into altcoins, decreasing Bitcoin dominance to 61.8%, and resistance at a Fibonacci extension level of -0.236, corresponding to $123,268. A retracement level to watch is 0.31 at 98.6K.The analyst anticipates a low volume weekend with sideways trading followed by a push next week to retest the 123268 level.For July, a target of 173337 is set, based on a doubling strategy from a low of 74k that would mean reaching the 2Fib extension.The video indicates the importance of breaking through this resistance level to really begin the move upside. A fail price is inferred at 98000.