The analyst predicts that bitcoin could drop to 100,000USDT then possibly retrace upward to 103,000USDT, but expects strong support around 106,000 to 107,000USDT. He mentions that breaching the downtrend resistance, a retest of 100,000USDT, and the Fed decision in September could be catalysts for a Q4 blow-off top over 150,000USDT. The short term target for Bitcoin is 117,000USDT, until the next fed meeting. Also, The long term trend for Bitcoin, past September and going into Q4 2025 is bullish. Technically, it is key to see how Bitcoin interacts with 112,000USDT. A rally up to 117,000USDT followed by a triple bottom could occur if 112,000USDT support remains strong. Also, watch out for bullish RSI divergence pattern, The presence of a high number of limit buy orders between 100,000 - 110,000USDT could indicate there is potential to grab that liquidity on a wick, and it could give us one quick discount, there is a great deal visible range volume profile support, there will not be a Bear Market and there will be just a mid cycle correction.