The analysis discusses Bitcoin (BTCUSDT) and highlights a recent bounce from a support area between $105,350 and $107,750, a region identified in a prior analysis. The speaker indicates that a bullish scenario remains plausible as long as the price holds above $101,570. The video specifies that unless the nearest micro resistance of 112170 is broken, there will be no evidence of the bulls making a comeback. The speaker also mentions the common historical trend of September being the most challenging month for Bitcoin. A five-wave rally remains possible but requires confirmation on smaller time frames, including a five-wave move up and a break of resistance. The next major level to watch on VRVP point of view is 118000.