The golden ratio multiplier for bitcoinThe Golden Ratio Multiplier explores Bitcoin's adoption curve and market cycles to understand how price may behave on medium to long term time frames.
To do this it uses multiples of the 350 day moving average (350DMA) of Bitcoin's price to identify areas of potential resistance to price movements.
Bitcoin has support of the 350 day MA and the 111 day MA. Maybe bitcoin shall go to the blue line and the price is now at 94422 dollar.
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