Even though I haven’t touched crypto since 2021, I remained stunned at what a chart-friendly creature it is. Most recently, I called for the rapid ascent in BTC to poop out at the Fibonnacci level. Take note what a good job the Fibs did for both support (green tint) and resistance (magenta tint). The recent “repulsion‘ was particularly incredible, with an accuracy of 100.003%.
Here is the longer view, showing that the support/resistance power wasn’t a fluke.
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