The speaker discusses the potential impact of a non-farm payroll revision on the economy and cryptocurrency markets. A revision could cut reported payrolls by 550,000 to 950,000 jobs, and that could lead to a recession and an initial drop in equities and crypto. However, the long-term effect could be bullish for Bitcoin, as it could be seen as digital gold, especially if the jobs numbers continue downward and larger rate cuts are made. The speaker suggests a potential bullish trend for Bitcoin to 120000, and if the price goes under 110000 invalidates the analysis, but emphasizes potential volatility and economic factors influencing the market.