61.8 : 100 Ratio

6 month historical analysis on local fib levels presented by BTC
CURRENT THEORY:
For each retreacement, the next extension will only reach 61.8% of the previous retracement.

Continuing this trend we can see a 7400ish high coming up to a retracement back down to 4k.

If this is to be true I believe that this will the the catalyst to the next great


I want to see what you guys think, comment below and let me know your feelings and thoughts.