The analyst discusses the bitcoin price chart, noting that bitcoin is about to test a major area of resistance and is currently in a $300,000 long position. Weekly bitcoin price chart still indicates a bull market according to the super trend indicator, but there is major bearish divergence to watch out for. In the immediate short term, a push towards the all-time high is possible, but the 3-day bitcoin MACD is lacking in either direction, indicating lack of momentum. A slight move towards around 125k to 130k could happen, but its not expected to reach 200k yet. For the trading strategy, the analyst is long on the price of bitcoin for the past week expecting a bullish price action. Ethereum is exploding towards a price target of $5000. Solana is attempting to break above $200. Bitcoin dominance is seeing a breakdown, which is massive news for the altcoin market. The analyst is bearish on XRP and lower highs in the weekly RSI which indicates potential pull back.