$125k BTC prediction - 1.414 on log fibs a 3rd time?

BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
Chart speaks for itself.
The chart looks awesome but I have a stupid question. If the fib 0-1 is from $0.01 to 31.92 how it is possible that 1 to 1.414 the price range is from 31.92 to $1000. This does not make sense. I would that fib will go to 8.414 or something like that. Thank you
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