I've seen a lot of talk about BTC hitting tops or bottoms on the 6th of every month. I want their to be some illimunati conspiracy here but unfortunately its just the power of Fibonacci. On the chart above I've drawn various Fibonacci based drawing tools from Gann Boxes to speed zones to Fib Fans. As you can see their is always confluence between a Fibonacci which is no surprise considering that the the 0.6th FIB is the most important of Fibonacci levels its no shock BTC hits support or resistance on the 6th day of a month.
Don't ask me why Fibonacci numbers work like this though its witchcraft for all I know.
Don't ask me why Fibonacci numbers work like this though its witchcraft for all I know.