The development of the situation is gaining momentum.
The BTC price began to rise within the impulse structure of the assumed intermediate wave 1 or C.
Locally, the price is already in wave 3 (in wave 1 or C) and will continue to reach new highs.
The long position opened at around 23,000 has already got excellent profits. I will decide to close the long position after the price reaches a level above $25,000.
The dynamics for September will be decided soon.
In case the upward impulse structure will continue to develop, we should expect the continuation of the bullish rally and the maximum recovery of the BTC price.