Every $BTC ATH has been shallower than the last, and the best sell zone has consistently landed between two different .618 Fib extensions.
Last cycle topped between the 2.618 and 1.618, but much closer to the 1.618.
This cycle could follow the same path.
Why?
The bear market bottom was ~20–30% shallower this time. That means significantly less upside is needed to reach the 1.618 extension.
If price continues to follow the pattern, the 1.618 should sit much closer to the eventual macro top.
This also aligns with the diminishing-returns theory across each cycle, adding another confluence to the $160K region.
That's where I expect the next macro top to form.
Last cycle topped between the 2.618 and 1.618, but much closer to the 1.618.
This cycle could follow the same path.
Why?
The bear market bottom was ~20–30% shallower this time. That means significantly less upside is needed to reach the 1.618 extension.
If price continues to follow the pattern, the 1.618 should sit much closer to the eventual macro top.
This also aligns with the diminishing-returns theory across each cycle, adding another confluence to the $160K region.
That's where I expect the next macro top to form.
