#BTCPrediction BTCPrediction
Analysis of Bitcoin Fractals: the last drop before a 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 the start of a massive rally.
🔍 **Key Takeaways:**
- The current market structure resembles the 2018-2021 cycle, with the formation of a double top followed by a significant decline.
- Bitcoin could 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 of Wave 5** could push BTC well beyond its current historical high of $110,000.