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61,256 and 44 cents coinbase: Bear's LAST Stand before new ATH

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Here is the Bitcoin Genesis Fib, same plot in different timeframes.
"Genesis" as in "at birth", establishing a lifetime rhythm for growth.
Also an example of a "Golden" fib as in Parabolic growth versus Linear.

This single fib has caught all major turns in bitcoin's life. (click links below)
Recently forecasted the (52.8k peak), (48k to 40k drop), and (45k last dip).
In conjunction with other local fibs, we last expected (57.9k then 61k).

52.8k was Bear's BEST defense, and almost defeated the trend.
61.3k is now a LAST stand, break should give new All Time High.
To see targets ABOVE current windows, drag a price scale DOWN.

Clearly this fib's levels are and will be key landmarks forever.
Use the "Make it Mine" option under SHARING for your own copy.
If unable to save multi-frame charts, use this (Single-Pane) version.


Note
We have a BREACH!

Just pierced the fib at 61,256 snapshot but expect a retest sooner or later.

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Note
G.R.A.V.I.T.Y. snapshot We may get "Captured into Orbit".

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Note
Correction starting?

We have a bit of a downturn at the fib snapshot Nothing dramatic quite yet,
but a Doji on the 12 hour,
and right at the Gensis level.

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Zoom IN (3 min) and we see a clear WARNING: snapshot after numerous Pings from the TOP side,
we now have a Ping from the UNDER side.
So it is a warning because of my observation:

"Not all Pings start a Reversal, but Most reversals start with a Ping."

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Note
Oribt getting tight

Very tight snapshot

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Note
Here we are again.

Pretty good dip but right BACK to our line snapshot clearly a "high gravity" fib here.

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Note
( WOW )

Zoomed in 1 min chart:
snapshot

That fib being from the big picture above,
snapshot like a rift in space, all humans/bots/indi's are now _keenly_ aware of 61256 and 44 cents

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Note
We have "Escape Velocity"

Beautiful retest and launch from our key fib snapshot

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Looking above on 12 hour snapshot 65,255 is our next target and a "semi-major" ratio.
69,096 secondary target, and a "minor" fib ratio.
72,937 third target and another "semi-Major" ratio.

Lets see how it goes, might reject from 65,255....

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Note
Here we are again!

After a new ATH, we are back to this key level snapshot

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Zoom WAY in (1 min) snapshot wow, now THAT is what I call a "Ping".
Such a "loud" Ping usually marks a turning point.
But bulls are filling that wick, so the battle continues.

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

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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.
Fibonacci
EuroMotif
Mod
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Related publications

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.