Plotted is a single Fib series, shown in three different time frames. This series has called virtually ALL major turns in Bitcoins lifetime. The "Golden" lines (1.618 multiples) are extremely important levels.
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I do not use "Fibs" in the "traditional" manner (retracements). I use Fibs to plot "Ripples" (extensions) created by "Impulses". Then look for "Confluences" to map the "interference Pattern".
If you would like to make your own copy of this fib, here is a single frame version:
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Here we are: the Moment of Truth just the fib, pulling back a bit. Lets see what happens now, likely a rejection first, then an "orbit" of the fib. This is definitely the KEY level for this bull run, and bears' chance to paint a "lower high".
( ( ( PING ) ) ) Loud Ping on a fib below. Ping = Exact Ricochet on can almost HEAR. "Not all Pings start a reversal, but MOST reversals start with a PING"
Per last update above, we did hit 48,090 (and passed it a bit) but have now dropped and just PING'ed a blue fib That was a pretty "Loud" ping. That fib has a chance to hold.