Interesting pattern. The lows seem to be relatively consistent in dollar bottoms and the highs seem to be consistent in percentage gains. If it's valid, below is something we might see then regarding BTC price action.
But remember what Confucius say: A pattern works... until it doesn't!
That $6,100 number wouldn't be much fun...
Agreed. Here's another model I ran based on the down trend in percentages instead of price. Let's hope this pattern is the one the MM's have in mind: