The analysis discusses Bitcoin's daily timeframe, observing limited movement. The current structure suggests a corrective bounce, with potential choppiness. A key support area is highlighted at $101,569.85, crucial for maintaining a plausible wave 4 scenario. Breaking below this level would invalidate the analysis and indicate an A wave. September is noted as historically a weaker month for Bitcoin and altcoins due to Bitcoin dominance. A weak bounce is unfolding now. Resistance exists between $115,400 and $120,400. Key resistance to watch in the range from 50% to 78.6% retracement of Fibonacci. Relative Strength Index (RSI) and solid buy signals trigger this oversold region.