The video discusses Bitcoin's price action, noting that resistance around 108,000 to 110,000 has turned into support, which is considered a bullish signal. The analysis suggests that Bitcoin might retest the 110,000 level before potentially breaking out parabolically. The target for Bitcoin is estimated around 126000. Simultaneously, the video points out that Bitcoin dominance appears to be dropping, estimating a drop to 55, hinting at an upcoming altcoin season. The content creator recommends researching altcoins and believes that selling crypto is not advisable at this point. He is taking all of this information towards the end of the year in consideration.