Historical Fibo retracement on "intermediate ATH" of BTC

I don't know if this has already been noticed but I see that after having broken the previous ATH, we retrace to 1.618 Fibo after having formed an "intermediate ATH" and we have just done it on this cycle.
BLX
ATHBeyond Technical AnalysisBLXBTCcycleanalysisCyclesEconomic CyclesFibonacciFibonacci ExtensionFibonacci Retracement

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