The analysis focuses on Bitcoin's historical performance in September and its tendency to consolidate during this month in post-halving years. The analyst observes that Bitcoin often retraces to its 21-week EMA during September before recovering later in the year. Reference is made to a 2020 comparison. The target is inferred as an all time high of 165000. The analyst suggests that a weekly close below the 50-week moving average, positioned around 100000, would prompt a re-evaluation of the bullish outlook. Maintains a bullish bias as long as the price remains above the 50-week moving average, while expressing a preference for Bitcoin to hold above the 20-week EMA/21-week SMA.