BTC Bitcoin potential wick down before bull market resumes

Bitcoin could continue crashing and eventually find support at the .786 fibonacci (17k), which is also the bottom of regression curve. Overlaying the fractal from March 2020, we get the peak over 200k in early 2023. What do you think, is this possible?
Bitcoin (Cryptocurrency)BTCUSDBTCUSDTChart PatternsTechnical IndicatorsTrend Analysis

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