set up M -Fibonacci trend-based time is based on the time elapsed between the first and second halving -Fibonacci extensions are based on the first pulse of 2010-2011 -The curve is based on the Fibonacci ratios we still can’t explain why the Fibonacci’s ratio work on charts, And this is particularly relevant on the Bitcoin chart where ratios have been extremely accurate for 12 years
Until the candle turns green, it can still go lower in the green box which is actually starting on the 1st of June according to your temporal fib lines. In 2018, it felt further in the box. Also, you did not count the first cycle's wicks for your fib extension. Wicks count. Plus this cycle's simple fib retracement is not complete since 61.8% is at 10k.
Also, you did not count the first cycle's wicks for your fib extension. Wicks count.
Plus this cycle's simple fib retracement is not complete since 61.8% is at 10k.