Bitcoin: How low will you go? Correct to what?

I though it would be interesting to compare similar parabolic moves in Bitcoin's past and see where they corrected to regarding two things:

+ RSI level
+ Support & resistance zones

RSI Level

Simply put, after such a powerful move up, there is a good chance of the RSI going down below 40 before rising again

Support & Resistance Zones

As you can see, the price clearly retraces (including wicks) to the strongest resistance zone on the way up

This is what I look at when deciding when to buy something. Keep it simple.