This analysis posits that despite a potentially bearish period in August, Bitcoin is currently in a major buy zone, signaling a re-accumulation phase with less than 30 days to accumulate at current levels. The base target for Bitcoin at the end of the year is $150,000. A drop below $100,000 would invalidate the analysis, as there is currently institutional buying, driving the price up and pointing towards the Bitcoin surpassing $120,000. Bitcoin is increasingly being viewed as a replacement for gold, while being traded.