BTC Predictive Fibonacci Channel

Set Up:
The Fibonacci Channel begins on August 6, 2012 when a new resistance @ $13.00. A trend line (dotted bright blue) follows the support/resistance areas over time. The Fib Channel ends on September 23, 2019 when the price finally broke the $10000 support level. The Fib Channel began at the beginning of the new bull market in 2012, and ends around the present date.

NOTE: The "base" of the Fib Channel is the 0.236 level. Had I placed the 0 level on the blue trend line, the price would have dipped below 0 a few times. I used 0 underneath the 0.236 trend line, to attempt to "catch" any dips that might have tapped against a lower level.

Result:
The Fib levels of from 0.236 - 1.00 naturally align with support/resistance areas over time. Through bull and bear markets, the Fib Channel reliably contains price movement.

Analysis:
Generally I don't like trends that follows extremes, because extremes are just that. They occur once in a blue moon, and are inherently hard to predict. However, the matching of the Fib Channel was not the goal of this chart, but rather a by-product of following the main trend (mean price). Overall, I'm not doing to make any predictions about the future because I don't see an obvious correlation between the past and present. However, this is peculiar, so do with information as you please.