Bitcoin
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Pulse of an asset via Fibonacci: BTC bottomed on a 9.618 ?

Updated
"Impulse" is a surge that creates "Ripples", like a pebble into water.
Ripples emanate outward until energy dissipates or a new Impulse acts.
As the distance from the impulse increases, the odds of ending increase.

9.618 is in reality the 8th harmonic away from the impulse.
8 is a "fib number" and thus the relevance of 9.618 extension.
IF this wave is ending, THIS is the perfect place for it to do so.

Part of my ongoing series to collect examples of my Methodology: (click links below)
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed Samples and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves <= Current Example
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only

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Ordered Chaos

every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.

each line Gains its Gravity .
each line Tried and Tested.
each line Poised to Reflect.

every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.

He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.

Ordered Chaos

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want to Learn a little More?
can you Spend a few Moments?
click the Links under Related.
Note
THIS, ladies and gentlemen, is what a 9.618 can do snapshot Case Closed

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FibonacciSupport and Resistance

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

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