#BTCPrediction BTCPrediction
Bitcoin Fractal Analysis: Last Dip Before Major Rally?** 🚨
According to Chartered Market Technician Tony Severino, Bitcoin's price movement closely mirrors its cycle from 2018-2021. If history repeats itself, BTC may see a **final correction** before a major rally begins.
🔍 **Key Takeaways:**
- The current market structure resembles the 2018-2021 cycle, with the formation of a double top followed by a significant drop.
- Bitcoin may drop to **$75,200** (close to the 0.5 Fibonacci level) to complete wave 4 before transitioning into the re-accumulation phase.
- After the correction, a **surge in Wave 5** could push BTC far beyond its current all-time high of $110,000.