A pseudonymous crypto analyst predicts a substantial upswing in the prices of Bitcoin (CRYPTO: BTC), indicating that the apex cryptocurrency is preparing for a parabolic surge. What Happened: Credible Crypto on Sunday said Bitcoin seems to have discovered a local bottom, touching the diagonal support of a bullish pennant pattern at $33,400. See Also: Bitcoin, Ethereum, Dogecoin Retrace But Volume Wanes: A Look At Cryptos Into The Weekend The analyst’s predictions are based on theElliott Wave theory, a method of technical analysis that forecasts future price movements by considering crowd psych…