Adam bottom already formed, looking to get the Eve bottom here around the $7,000 area before a price hike up to the ~$12,000 peak resistance. Confirmation after this ~$12,000 break with a price target around $16,400 based on a 37% average rise.
The BTC parabolic trend has been intact since 2015. Upward movements historically take awhile which is why the targets lay higher on the resistance arc. Downwards movements happen quickly leading to a local min somewhere ~50% of the local max.
Current high target is ~$50k followed by a retrace back down to ~$30k and then a pop back up to ~$100k. A break below the...