Help needed! What do you think about this? #Bitcoin #BTC

(Here's the chart with higher quality)

Playing around with Fib Extensions /// Used 3 Key Fib Extensions /// Got that overlapping of the 1.272 level...

When I got the first two 1.272 overlapping level from Fib Extensions A and B I thought "wtf? this is peculiar...". Then I draw the last Fib Extension (c) and when that 1.272 level overlapped the two first one that was when I really stop to look at this...

I draw some white boxes at level 1 for all the Fib Extensions and we're exactly on the middle of the 2nd box of the 3rd Fib Extention.

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Q: What do you think about this? just a fun fact, or is there something more behind this Fib extension levels?? I really would like to read some opinions about this, so feel free to leave whatever you think, Thanks!

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Kommentera:

And #bitcoin price is back up to that previous pivot level (expected resistance) - It's also where VPVR line is landing and this reinforces the idea of this point being a major Pivot Point Level...

Kommentera:

Updating the daily chart for this idea and what I'm waiting to see in the near future...