Not all streaks are independent. In contexts where there's a hidden state (a player's confidence, a hot stove, a biased coin), past events do predict future ones. The hot hand in basketball, for example, has been re-examined and shows small but real effects.
The fallacy is specifically about provably independent processes — coin flips, roulette, lottery numbers, dice. Whenever there's no causal link between outcomes, history tells you nothing about the future.