The analyst reviews Bitcoin's recent crash to below $100,000, noting intraday dips without hourly closes below this level. He compares the capitulation following the Effective Federal Funds Rate drop on October 29 with a similar drop after the Fed meeting on September 18. He suggests market makers manipulated the price to shake out weak hands, preventing sustained hourly candlestick closures below $100,000. Analyzing an hourly chart, the analyst infers that Bitcoin's price may rally to around $110,000-$112,000 to liquidate short positions. Exceeding $112,000 would signal a possible all-time high breakout, aiming for a target of $135,000. A further drop to $90,000 would indicate a slide to 75-80k with a pseudo bear market. The video concludes by noting that the United States government shutdown and the possible crypto clarity act will influence Bitcoin in coming months.