The analyst discusses potential Bitcoin rallies, mentioning a projected target price of $140,000 based on historical patterns of Bitcoin building uptrending levels of resistance, referring to a 7-year long resistance trend connecting the last two bull market peaks at approximately $20,000 and $70,000. The analyst notes that Bitcoin broke through a previous trendline from earlier bull markets and used it as a support level during the recent pullback to $50,000. Currently the Bitcoin value is approximately at $116,470 and Bitcoin needs to be above $118,000 to continue its uptrend.A key observation is the formation of what the analyst describes is an inverted head and shoulders pattern. Based on that pattern, $155,000 seems to be the new level. Also, a potential rate cut in September and tariff implementations on gold are mentioned as potential catalysts for increased market activity. The analysis sets stop-loss levels for long trades below this uptrend.