Bitcoin
Long

Use Base-Anchored Fibonacci Retracement Formula

64
🔹 Step 1: Base-Anchored Fibonacci Retracement Formula

🧮 Retracementₓ = Base + (Range × x)

Inputs:
• 🟢 Base = $74,458.42
• 🔴 High = $112,006.33
• 📏 Range = $112,006.33 − $74,458.42 = $37,547.91


📐 BTC Retracement Levels (Upward from Base)

1️⃣ Fib 0.236
= 74,458.42 + (37,547.91 × 0.236)
= 74,458.42 + 8,862.92
= $83,321.34

2️⃣ Fib 0.382
= 74,458.42 + (37,547.91 × 0.382)
= 74,458.42 + 14,362.66
= $88,821.08

3️⃣ Fib 0.500
= 74,458.42 + (37,547.91 × 0.500)
= 74,458.42 + 18,773.96
= $93,232.38

4️⃣ Fib 0.618
= 74,458.42 + (37,547.91 × 0.618)
= 74,458.42 + 23,285.25
= $97,643.67

5️⃣ Fib 0.786
= 74,458.42 + (37,547.91 × 0.786)
= 74,458.42 + 29,597.78
= $104,056.20

6️⃣ Fib 1.000
= 74,458.42 + 37,547.91
= $112,006.33


🚀 BTC Extension Levels (Beyond High)

📈 Extensionₓ = High + (Range × x)

1️⃣ Fib 1.618
= 112,006.33 + (37,547.91 × 0.618)
= 112,006.33 + 23,285.25
= $135,291.58

2️⃣ Fib 2.618
= 112,006.33 + (37,547.91 × 1.618)
= 112,006.33 + 60,767.17
= $172,773.50

3️⃣ Fib 3.618
= 112,006.33 + (37,547.91 × 2.618)
= 112,006.33 + 98,249.08
= $210,255.41


📊 Final BTC Levels

🎯 Target 🧭 Fib Level 💰 Price
TP1 0.236 $83,321.34
TP2 0.382 $88,821.08
TP3 0.500 $93,232.38
TP4 (High) 1.000 $112,006.33
TP5 1.618 $135,291.58
EXT2 2.618 $172,773.50
EXT3 3.618 $210,255.41

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.