The analysis forecasts a bullish trend for Bitcoin, projecting a move towards $118,000 by September 17th, based on an inverse head and shoulders pattern with a potential target of $120,000. A Fibonacci retracement places the golden pocket between $117,800 and $118,400. Bullish signals are noted in the MACD and RSI. A bullish outlook for gold and the S&P 500 supports the Bitcoin prediction. Liquidations are anticipated between $116,000 and $117,000, cautioning against a bearish dollar index breakout. A potential setback is considered if a CME futures gap forms, with a preference for sideways trading, the failure bound is placed at 109000. The analyst mentions for gold a target price of 3700 and for SPY 660.