So, I'm watching for us to potentially retest this. Maybe have a nice little drop back down to this like July 25th wick and then get the big break to 120K, retest 117K, you know, have this uh hold of support and then we get that big break to 130K.
There's also a possibility of us not even rejecting 117K, breaking above it, targeting 120K, retesting 117K, and then just going crazy to the upside. But still, regardless of what happens here, I'm expecting us to get that 130k target hit on Bitcoin.
Um, probably within the month of August, depending on how violent things get. I mean, listen, after our last, you know, major drop in the market, that was June 22nd, you know, from June 22nd, if we're looking at the time frame here, you know, it was 22 days. It was 22 days for us to have that drop all the way down to like 98.2K and then a run to 123K.
If we're thinking about that price change on Bitcoin, that was a 25 almost 5% runup on Bitcoin. If we're talking about 25, you know, 5% being this next major move possibly, you know, then we're looking at like 140K, which is why I think 130K is pretty conservative for this violent recovery.
and 22 days off of the low. That would take us right to about August 24th. So, we could see 130k targeted on Bitcoin in the month of August, which would be very big for the market. Um, but I do think that this is a very good start for the recovery.$BTC $BNB