Intro
Bitcoin rallies from $60,000 to $80,000, then starts falling. Where does it stop? Traders all over the world will give you the same answer, often to the dollar — and they are all looking at the same tool: Fibonacci retracement levels.
Fibonacci retracements are horizontal lines drawn across a price chart at fixed percentages of a previous move — 23.6%, 38.2%, 50%, 61.8% and...
