The analysis discusses potential breakout scenarios for Bitcoin. Last week, an Elliott Wave and Fibonacci-based trade setup correctly predicted a price movement to $116,000. Now, there are two scenarios: immediate bullish break to $126,296 or rally up to Fibonacci level 0.618 around $117000, followed by a drop, and later an advance to all time high. Bitcoin will test $126,296 in 30 days if bitcoin can keep above 0.618 Fibonacci level, quantitative easing coming, gold breaking below $4000 level. if the price will drop, the 94k looks more likely in this scenario, with a retest of $111,681. Furthermore it says it is not really about halving but about deb cycle and the digit cycle as well as macro economic event like quantitative easing and lightning.