From 1240 to 124 (12/4/2013 to 1/24/2014) Tinfoil Hat Edition
Drawing fib circles from the low start of trend on the 10.2.2013 date to the "end of trend" on 1.6.2014 (wait a minute, 1.6? as in 1.618?) intersects the .5 retrace on 10.2. 2014 * 1.618 = 1244.7 / 10 = 124.47.
Draw an extension line connecting the lows on 12.1.2013 to 12.18.2013 projecting downwards and matching the angle of the prior downtrend before Bitcoin became horrendously, egregiously, and precipitously overbought.
Draw a virtical line on 1.24.2014 (wait a minute, is 2014 just an anagram for 1240?). Notice where the two lines intersect, right on 124.20 and exactly intersecting 1.618 on the fib circle!
Don your tinfoil hats and draw a horizontal line on 124.20 to complete the pattern.
Draw an extension line connecting the lows on 12.1.2013 to 12.18.2013 projecting downwards and matching the angle of the prior downtrend before Bitcoin became horrendously, egregiously, and precipitously overbought.
Draw a virtical line on 1.24.2014 (wait a minute, is 2014 just an anagram for 1240?). Notice where the two lines intersect, right on 124.20 and exactly intersecting 1.618 on the fib circle!
Don your tinfoil hats and draw a horizontal line on 124.20 to complete the pattern.
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