What This Chart Shows
The Golden Ratio Multiplier (Philip Swift) takes Bitcoin’s 350-day moving average and multiplies it by the golden ratio (1.6) and the Fibonacci sequence (2, 3, 5, 8, 13). Those multiples have acted as support and resistance through the cycle.
- Price & the 350DMA sit in the top panel (log scale). Sustained deep-value extremes (multiplier under ~0.65) shade green; sustained cycle-top extremes (3× the 350DMA or more) shade red.
- The lower panel is price as a live multiple of the 350DMA, with dashed lines at every golden-ratio / Fibonacci level, so you can read exactly which one price is testing.
- The golden ratio (×1.6) has repeatedly flipped between resistance and support inside a cycle.
- The upper multiples are a historical ceiling — the earliest cycle tops reached the highest ones, and each cycle since has topped progressively lower as growth decelerates.
How to Read It
Watch which multiple price is pressing against in the lower panel. The earliest cycle tops reached the highest multiples; more recent tops have printed far lower, so treat the very top levels as a historical ceiling rather than a fixed target. The golden-ratio line (× 1.6) is the one to watch intracycle — reclaiming it has often preceded trend continuation.
Because the base is a 350-day average, this is a slow, structural gauge. It is best for locating roughly where price sits in the cycle, alongside on-chain valuation and trend, not for precise entries or exits.
Drag to pan, scroll or box-zoom to zoom; the toolbar autoscales, resets or downloads the chart. Hover to read price, the 350DMA and the current multiple together.
Frequently Asked Questions
What is the Golden Ratio Multiplier?
Bitcoin’s 350-day moving average multiplied by the golden ratio (1.6) and Fibonacci numbers (2, 3, 5, 8, 13). The multiples have acted as support/resistance, and the upper ones have marked cycle tops.
How do the multiples mark tops?
The earliest cycles topped near the highest multiples; each cycle since has peaked lower as returns diminish. The ×1.6 golden-ratio level is the key intracycle line.
Where does the data come from?
Computed in the browser from our daily price feed — the 350-day simple moving average and its multiples. No third-party data required. Updated daily.