The analysis reviews Bitcoin's daily chart, noting a three-wave pullback from a swing high formed on July 14th, with a retest of the previous breakout point. Focus on a potential upside impulse retesting the all-time high around 112k. A bounce is observed after closing a CME gap. Bitcoin has been issuing early warnings of a potential major top. No meaningful support broken. The initial micro support has broken on Bitcoin. The structure to really say and confirm the bottom is still relatively small. We are holding the ATH from 21-22 May around 112k and the market close the CME gap. A micro five-wave move-up occurred from the Saturday low. However this trend is still very delicate. A five wave move-up is somewhat promising The focus this week is higher prices so long the 112650 level is holding