That level represents the 1.618% Fibonacci extension, originating from the December 2018 lows, the December 2022 lows, and the 2021 high. The 1.618% extension is highly important because it's derived ...
On Monday 11 August, Bitcoin revisited its 161.8% Fibonacci extension of the 2019 to 2021 advance, projected higher from the 2022 low, at $122,056.92. It briefly overcame this technical level and ...
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