The analysis is based on Elliott Wave and covers BTCUSD pair. The all-time history shows repeating patterns of 4-year cycles and parabolic curves. The analysis suggests the bare market has a zigzag-sharp pattern with an extended wave C and believes every bare market has the pattern ABC. The main scenario explains after finishing Wave one or Wave A that ended at $116,000 there is continuous impusively to the upside with the target of hitting $150,000. The failure price to invalidate the analysis should be around $56,000. Also it believes that the Wave 5 has the potential to extend to the 207,000 zone. At the 2H graph it looks like the BTCUSD pair is about to finish the correction pattern with some pullbacks to 102,000 levels before hitting the 120,000 dollars by a Wave Three.