The video provides a technical analysis of Bitcoin and the S&P 500 in anticipation of an FOMC meeting. It references the CME Group Watch Tool indicating a 25 basis point rate cut is expected. The analysis draws a parallel between Bitcoin's current pattern and its behavior in 2023, noting early September bottoms and subsequent rallies. It suggests the S&P 500 may undergo a seasonal correction (around 5%), potentially influencing Bitcoin's price action. Bitcoin is currently holding support on the 20-week SMA. The video speculates on two potential trajectories for Bitcoin. One possibility is for Bitcoin to follow a 2017-like pattern of slow, steady gains without immediate all-time highs, and other is a 2020 style, where altough there were early gains, a later dip occurred. Bitcoin’s all time high is anticipated to be 160000 in the long term.