The video discusses the impact of the Yen carry trade on global markets, including Bitcoin. The analysis suggests that as Japan raises interest rates, the unwinding of the Yen carry trade affects leveraged positions in various assets. The speaker implies that Bitcoin reacts more quickly to these shifts than traditional markets, acting as a real-time indicator of global financial stress. It is expected that Bitcoin price can reach 120000, however if the price decline to 80000 the analysis will be invalid.