Bitcoin is trading downwards towards the bull market support band (20 week SMA and 21 week EMA). The analyst expects a visit to this support band in the coming weeks and anticipates finding a low in September. The key question is where the low will occur: at the bull market support band or at the 50 week moving average. Historically, previous Bitcoin market cycles ended only after weekly closes below the 50 week moving average. He notes similarities to the 2016-2017 cycle, with local highs in late spring/early summer and August. The analyst said that for Bitcoin it's possible that it will consolidate at the 20 week moving average before making another move up, or drop to the 50 week moving average and then move up. September and October should see a surge in Bitcoin dominance. A significant support would be located at $100000.