This Pattern Suggests Bitcoin is Statistically Likely to Rally Parabolically to New Highs

Yesterday evening Bitcoin (BTC) incurred a massive amount of buying pressure that led its price to rally to fresh 2020 highs of $9,500 before it found some strong resistance that led to a slight retrace towards $9,300.
It is important to note that the cryptocurrency has been able to maintain above its previously established year-to-date highs of $9,200, which is a bullish sign that suggests this latest rally was more than just a fleeting surge.
Now, one analyst its noting that BTC is caught with