#BTCPrediction BTCPrediction
Analysis of Bitcoin Fractals: The Last Drop Before a Big Rally?** 🚨
According to Chartered Market Technician Tony Severino, Bitcoin's price movement is closely mirroring 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** (near the 0.5 Fibonacci level) to complete Wave 4 before entering 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.