The analyst discusses the current state of the cryptocurrency market, specifically Bitcoin, as of September 22. He notes the market is experiencing a downturn. He suggests that this downturn may persist for another two weeks and advises a wait-and-see approach, mentioning that the average altcoin is down about 15.5% from recent highs.He believes that with ETF approval, Bitcoin will see a price of $300,000 or more by the end of the cycle, but at the bare minimum BTC would hit $200,000 level before an eventual bear market. He highlights the weekly close pattern for Bitcoin is bearish and suggests this points toward further downside. At the moment of analysis based on the weekly close he predicts that the market is going to $106000 then upwards following the cycle to the target. Based on this analysis failing Bitcoin to keep in bull market trends requires a dump to prices below $98000.