XBTUSD I took the 161.80% level -$11,505 from the first Fib retracement which was from the beginning of the 20k bull run in Jun 2017 to the Top in Dec 2017
To find the bottom of BTCUSD In reverse I started the fib retracement at $11,505 funny enough the 61.80% aligned perfect on both directions, and the 161.80% Ends at $2252
Have I found the bottom? Makes Perfect Sense though?
Catatan
That makes sense to me, and all lines up more then perfect, but I'm having a hard time wrapping my head round it
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