What that is needed next is for bitcoin to get to $115000/$120000.
Is that going to happen soon?
In this case, it's very possible that it could happen soon, especially since Bitcoin's price is currently at $117k. It only takes a small push for Bitcoin to reach $120k. While there will be some resistance at $118k, which could cause the price to decline, I predict that $120k could be reached this month, or at least next month. It just takes time for Bitcoin to reach that level.