ive done my research. Parabolic movements go down 85-95% from ATH. BTC is likely to hit the 85% mark so that would be 3k usd. Which is very possible.
Looking at past examples of parabolic movements of BTC in 2014, 2011. BTC did have 85% retraction from ATH. The bull trap shown in the chart is there on every year Bitcoin has gone parabolic.
Good luck yall