The analysis focuses on a short-term chart for Bitcoin, highlighting a corrective rally. The speaker expects Bitcoin to reach approximately $114,000 based on a roadmap shared previously, and it is playing out nicely . Yesterday, on X, that the possibility of getting a bounce from this area. Currently the price is bouncing from around $110,000 twice actually. The primary emphasis is on the elevated risk associated with moving away from support towards resistance and waiting for the local top to appear to the new support area to the chart will be added. Currently tracking two pathways: an ABC correction structure that could potentially reach new all-time highs based on a white count or an orange count where the local top will be around $114,600. In that area the risk will be elevated because all of wave 2 could be completed.