Fibonacci BTC Golden Root 1.272
Update on the original Fibonacci chart I shared back in September 2023 here of the Fibonacci tops of Bitcoins previous cycles.
Bitcoin did reach the green projected box I recently had in the original T/A but no where close to the 1.272 Fib level as I projected as a possible cycle top.
There are two reasons I made this level of 1.272 in my original T/A:
1) The level coincides with Steve's 5.3 Theory of a diminishing BTC.
2) The 1.272 is the square root of the golden ratio (1.618) and is the number of understanding the true value of Pi (3.144). You can study more on this amazing number with Jain108 as he dedicated 40+ years to finding Pi's true value via the breakdown of the Harmonics of Phi and the 'Golden Root (1.272)'
Now, I do not know if BTC will hit this level, but BTC is starting to curve like the Golden Ratio and there is no question about it that this asset is very significant for our time.
Bitcoin did reach the green projected box I recently had in the original T/A but no where close to the 1.272 Fib level as I projected as a possible cycle top.
There are two reasons I made this level of 1.272 in my original T/A:
1) The level coincides with Steve's 5.3 Theory of a diminishing BTC.
2) The 1.272 is the square root of the golden ratio (1.618) and is the number of understanding the true value of Pi (3.144). You can study more on this amazing number with Jain108 as he dedicated 40+ years to finding Pi's true value via the breakdown of the Harmonics of Phi and the 'Golden Root (1.272)'
Now, I do not know if BTC will hit this level, but BTC is starting to curve like the Golden Ratio and there is no question about it that this asset is very significant for our time.
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