Coins

Bitcoin (BTC) Golden Ratio Chart

The Golden Ratio Multiplier explores Bitcoin's adoption curve and market cycles to understand how price may behave on medium to long term time frames. To do this it uses multiples of the 350 day moving average (350MA) of Bitcoin's price to identify areas of potential resistance to price movements.

The Golden Ratio = 1.61803398875 - Fibonacci Sequence = 1, 1, 2, 3, 5, 8, 13, 21…
Golden Ratio Multiplier = 350MA * (1.6, 2, 3, 5, 8, 13, 21, ...)