The analyst discusses Bitcoin's potential movement, suggesting that if it holds at the 20-week SMA, it could rally to $130,000 or $140,000. The hard part of Q4 is how high it goes. September 2017 Bitcoin was at $3,000. In 2021, September bitcoin was $42,000, Bitcoin made it to $69,000 at the end of the year. The analyst expects diminishing returns and thinks that the new cycle could end lower. The analyst suggests expecting a move up in October and that Q4 is when to realistically consider the end of the cycle. In this analysis the price action will lead the narrative. Altcoins could move up in January 2026, Bitcoin tops out in Q4 and diminishing losses in bear markets could lead Bitcoin to go lower than the current low.