Bitcoin correction possibilities

Correction went down 20% further than expected in the first move.
Perhaps it's the end of ~1 year cycle, or maybe just another quick dip???
I expect price to rise by about 50-80% before another fall.
It will be good time to sell for those seeking quick profit, not far away from ATH.
If this is indeed the end of cycle, there should be double or triple correction (WXYXZ) or triangle, bringing much needed consolidation.
Which case it is i honestly don't know. Time will show.