BTC price at critical point

Bitcoin price is at a critical point right now.
If from here price will move lower, we will see more lower prices with first support at 4900 USD and after that at 3000 USD. If this happens we are in a bear market.
If prices move higher from here I expect prices to continue higher forming a double bottom pattern. After that there is a good change we will break though the very thin Kumo cloud and will move up to make new all time highs at around July 2018.
After this my projected target is 48000 USD in possibly another parabolic move.