<p><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDYvMDE5NzZhOWEtOTI2Ny03MmNlLWJkMzMtMjBmNDJlMDAxNTQy.jpg" alt="Bitcoin price breakout to $119K possible if oil rally pattern holds"></p><p>Data shows that Bitcoin's price gained at least 16% within a week of sharp oil price rallies.</p>