Analyst: If Bitcoin Violates Current Parabola, BTC Could Plummet 80%; Here’s Why

Bitcoin (BTC) has been caught in what can be accurately defined as a period of consolidation as of late and has been hovering around the lower-$11,000 region for the past several days, make fairly restrained price movements within a relatively tight trading range.
Now, one highly respected analyst is claiming that Bitcoin could either face an 80% correction in the coming weeks or months or could face a much smaller correction that results in a fresh parabolic uptrend that ultimately leads the cr