BTC parallel channel 70k or 80k

btc is making new all time high inside a white parallel channel.
this trend at the top of the bull market has ABC corrective wave

Resistance

• white trend line
  
  
• 100% projection of wave C at 72224
  
  
• 1.382 projection of wave C at 83380
  
  

breakout of lower white trend line will confirm trend reversal, because bulls have their stops blow higher low, the first lower high will force them to take profit.

Comment:

time projection for wave C compared to wave A showing perfect symmetry of 1 and 0.50