Bitcoin is currently expensive and has had a solid August. There are no major warning signs of a price correction. Bitcoin loves to return to the 200 week moving average and the more time it spends going sideways in the expensive region, the more likely it is to enter the very expensive region above 130000. It has been able to hold major support levels and seasonality continues to go according to plan and it will rally into late August and maybe early September before any type of major correction or cycle top. It is likely to rally higher into late August, maybe even early September, before any type of major correction or cycle top. The Market Sentiment is in Greed but no Extreme Greed just yet. There is no major warning signs based on price action and bitcoin has been able to hold a major support level. July and August historically post halving years are green. Based on the Global Liquidity Index, Bitcoin should be in the clear until about mid-September. EthBTC is getting close to a first target at the 100 week moving average at 0.041. Solana is forming higher highs and lows. As soon as a weekly close occurs above 200 , Solana looks as though it could reach 260 and then 300 rather quickly. USDC Circle is launching their own Layer-1. The Federal Government continues to have a huge deficit. The Core CPI Print is 3.1%, and the Real GDP Q3 estimate is 2.53%. This creates upward pressure on the stock market and Bitcoin.