The analysis begins with a review of macroeconomic data, including PPI, CPI, and unemployment claims, and their impact on Bitcoin. Bitcoin consolidated within a triangle formation awaiting these data releases. The analyst identifies positive PPI and CPI results as catalysts for Bitcoin's upward movement. The analysis sets a short-term target of $118,000, which, if surpassed, could lead Bitcoin above a significant trend line originating from the 2017 bull market high. There is further explanation regarding the $107,000 support area and the bull market support band where high volume profiles exist. It outlines three potential longer term scenarios for Bitcoin's price action that needs careful consideration: a top already in place leading to a bear market, topping out around October aligning with the 4-year cycle, or a breakout into 2026. There is further details given about a non-KYC exchange Bitunix.