The analysis identifies the current price of BTCUSDT at $116,253 on September 17th. The speaker expects volatility due to the Federal Reserve's FOMC announcement at 2:30 PM Eastern. The analysis suggests that the price will move up into the announcement and that the federal reserve will cut rates by 25 to 50 basis points. Using Fibonacci retracement levels from a high to a low, the analysis points out that bitcoin is right below the golden ratio and that since bitcoin stopped before the golden ratio but didn't reject downwards, that it has entered into a bullish phase, rather than a bearish phase. I would be surprised if we drop below 113331 before we reach 122000.