The analysis assesses Bitcoin's market structure using Fibonacci retracements and fair value gaps on a daily timeframe. It notes that Bitcoin has recently double-bottomed in the 'epic golden pocket', which is considered bullish. The speaker identifies a fair value gap (FVG) that needed to be filled, which has now been tested, potentially providing support. If this support holds, the price could move back up to retest the 120000-124000 range, and possibly push higher, potentially reaching 130000. The analysis highlights that momentum is flowing into the bullish side, seeing pumps throughout the day with Bitcoin and Ethereum. There is a mention of FOMC causing market volatility, thus risk is mitigated on trading strategies. Holding support in the ‘epic golden pocket’ is key.