It's as simple as this. The fib levels are almost always correct to some point.
The Fib golden ratio is about 1.618, so lets hit that 1000$+ mark. ;)
Be safe and take this as a type of lesson of fib levels, not a financial advice. The whole world can be eaten by giant alien until the end of the year, so basically do your own research and only invest what you can afford to lose.
Hit a like and follow for some more trend analyses. Have a beautiful and profitable week!