The video analyzes Bitcoin (BTC) using Elliott Wave theory, indicating a completed wave 4 correction at around $120,279. The analyst expects a continuation toward higher prices, potentially reaching $124,737.89 and above. A bearish invalidation is set at $114,429.73. The possibility of the analysis turning into an impulse with one more leg down is considered, in that case $114,429.73 becomes the next invalidation point.Bitcoin dominance (BTCD) is also analyzed, identifying a potential wave five unfolding downwards with an ending diagonal, taking the low again or even a little bit deeper toward 58.59. The bearish invalidation for BTCD is set at around 61.47.