Bitcoin Price and the Fibonacci Retracement Indicator.
Turns out, the key to the Fib Retracement indicator is to turn off the garish horrible colours and, more importantly: set it to be log-scale if you habitually use a log-scale graph. When you turn on that button it all starts to make sense. After the 2012/2013 rise in price, the price rapidly spiked down…
Read more Bitcoin Price and the Fibonacci Retracement Indicator.