The analyst discusses Bitcoin on the 1-hour, 4-hour, and daily charts, emphasizing the importance of not jumping into trades at all-time highs. He highlights the biggest mistake made in crypto is to FOMO at an all-time high. He refers to market manipulation, and the analyst notes that it is important for the strategy to be understood. The Bitcoin market, currently at $119,220, is predicted to experience a rejection for buyers and a potential drop to the area of consolidation/support around $117,700-$116,500. The overall trend remains bullish. He mentions on Spot that the daily MA of 55 days is currently the support for the bull run with the target for BTCUSDT around $135000, but should BTCUSDT breaks the consolidation range then the analysis is invalidated.