🚨 **Bitcoin Fractal Analysis: One Final Dip Before a Major Rally?** 🚨
According to Chartered Market Technician Tony Severino, Bitcoin’s price action is mirroring its 2018-2021 cycle with striking precision. If history repeats, BTC could see **one final correction** before launching into a massive rally.
🔍 **Key Insights:**
- The current market structure resembles the 2018-2021 cycle, featuring a double top formation followed by a significant decline.
- Bitcoin may dip to **$75,200** (near the 0.5 Fibonacci level) to complete Wave 4 before entering a re-accumulation phase.
- After the correction, a **Wave 5 surge** could propel BTC well beyond its current all-time high of $110,000.
⚠️ **Caution:**
- If BTC breaks below $76,000, the next major support levels are $58,000 and $44,000.
- Reclaiming $94,000 could signal a rally toward $112,000.
📈 **What’s Next?**
If the fractal holds, Bitcoin could be gearing up for a prolonged uptrend similar to its 2020 breakout. Stay alert for potential volatility!
🔔 **Disclaimer:** This is not financial advice. Always do your own research before making any investment decisions.
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