Quick post to alert of a major landmark being hit. We have hit the next Golden ratio on bitcoin's Genesis Fib. You don't just walk by a Golden oOne without paying homage.
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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".
So we got a pullback from the expected area, and a spectacular bounce off a pre-mapped support
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Zoom IN (5 min) for a closer look at the peak and bounce Top was the Ping on dotted fib, even though it went a little higher, it has rung in that top. The bounce was also EXACTLY from a mapped zone, off its upper bound.
Now to see if the bounce was a "wave B", with a wave C down to come yet? So far this bull run, wave C's have not happened, or have been truncated. Watching closely here, we are right back at the true resistance zone up here.
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