$BTC Fib Probabilistic Map

18 May 2024

Adjusted version of previous charts for experimental purposes
Time and Price related fibonacci channels are sourced from the cycle of Covid Low and 2022 Low.


Previously I used the steepest (time related) fib channels all the way back from 2014.


I chose the source from covid cycle over the prehistoric one to witness how price behaves to more recently formed angles.

11 Kas 2024

İşlem aktif

Fib range validated locally at this point of time.

8 Şub

İşlem kapandı: hedefe ulaştı

The current double top (if price fails to break above) aligns with an angle derived from the 0.618 retracement. The chart reveals 3 identical instances of such cycles. This suggests that by capturing previous cycle top and tuning the bottom to the golden ratio, we can anticipate top price levels, at least for short-term reactions to be safe.