Bitcoin Faces Potential Correction if ATH Not Achieved Soon

If Bitcoin does not reach its all-time high (ATH) by the end of the current week or push towards $130,000, there is a high likelihood that a significant structural correction will begin, with targets around $110,000 throughout August. I believe that from current levels, this is the last opportunity for Bitcoin to make a proper move upwards to avoid entering a broad trading range in the upcoming month. This kind of structural correction will not fundamentally alter my bullish expectations for Q4, but it will undoubtedly shake out retail traders' nerves and test their resolve. In terms of market behavior, missing the ATH deadline could trigger a correction driven by traders' reactions, and the target zone around $110,000 suggests a retracement that aligns with typical correction patterns after a strong rally. Investors should watch the price action carefully during this period, as it could define the next momentum phase for Bitcoin. Given these insights, it seems wise to prepare for potential volatility and correction in August. If Bitcoin fails to achieve its expected upward momentum by the week’s end, consider reinforcing positions or at least tightening risk management strategies to withstand possible downside movements. The overall bullish thesis remains intact for Q4, but patience and caution are essential during this correction phase.