The analysis focuses on Bitcoin's daily chart, identifying a key zone for potential chop around $106,509 to $101,569. It notes a bounce from the $107,500 structural support and indicates that the area between May and July could signify a range-bound movement. A B-wave is anticipated with potential rise to $119,657. While the video hopes for a higher peak it also shows scenarios with deeper correction. Key levels include Fibonacci supports at $106,510 and $101,569.The analysis suggests an ABC correction structure where uptrend won't invalidate its original perspective. Key resistance at $112,173 to watch in the shorter time frame.