Bitcoin (BTC) Blow Off Top Prediction and 85% Retracement
Bitcoin is in a clear parabolic run, as happened in 2014-2015 and 2017-2018. History tells us that Bitcoin will correct heavily from such runs by (on average) 85%. Should this happen then I predict ultimate support to be somwhere around (or under) 10k, at the previous lower end bull market support line. Based on an 85% retracement I suspect that Bitcoin will top out anywhere between 
41K to 43.5k (likely a large wick), with sell pressure forcing it down thereafter. This will likely then result in a swift retracement to 20k. A bull trap will then likely form taking us back to 30k, after which the rejection will take us back to the circa 
14K support area. Yet another lower high will then be made and we should ultimately reject to around 10k. Thereafter I am expecting massive support and a continuation of the run to new parabolic highs towards the end of this halving cycle. If Bitcoin history teaches us anything the rejection will magically coincide with FUD of some description (like government oversight, a stock market crash, a change in monetary policy or an investigation into 
USDT). Euphoria is at an all time high and all bubbles eventually correct. However, if the stock to flow model of PlanB is correct then my prediction will not become realised and we will see a continued push up to 100k, forming a base and a new consolidation pattern at higher highs. I think that this is statistically unlikely though, at this point.
BTCUSD
41K to 43.5k (likely a large wick), with sell pressure forcing it down thereafter. This will likely then result in a swift retracement to 20k. A bull trap will then likely form taking us back to 30k, after which the rejection will take us back to the circa 14K support area. Yet another lower high will then be made and we should ultimately reject to around 10k. Thereafter I am expecting massive support and a continuation of the run to new parabolic highs towards the end of this halving cycle. If Bitcoin history teaches us anything the rejection will magically coincide with FUD of some description (like government oversight, a stock market crash, a change in monetary policy or an investigation into USDT). Euphoria is at an all time high and all bubbles eventually correct. However, if the stock to flow model of PlanB is correct then my prediction will not become realised and we will see a continued push up to 100k, forming a base and a new consolidation pattern at higher highs. I think that this is statistically unlikely though, at this point. BTCUSD
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