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Amsterdam + The Netherlands
Posts: 1 since Oct 2026
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Three Bitcoin examples explain why I watch the yearly 0.702 Fibonacci pivot zones.
2022 low: Bitcoin’s November low formed around $15.5k, near the bottom of the yearly S0.702 zone. Price traded deep into the band, but never closed a month below it.
2025 high: The October high formed around $126k, near the lower edge of the yearly R0.702 zone. Price never established a monthly close inside that band before moving back toward the central pivot.
2026 low so far: On the third chart, using data through October 23, Bitcoin’s low so far was around $57.7k on July 1, inside the yearly S0.702 zone. Price subsequently recovered toward S0.184.
The qualification “so far” matters. This does not establish that the final low of the year is in.
How the zones are calculated
Each yearly grid uses the previous completed year’s high, low and close:
Pivot = (High + Low + Close) / 3
Range = High − Low
Resistance = Pivot + ratio × Range
Support = Pivot − ratio × Range
I draw the 0.702 level as a band spanning ratios 0.618–0.786. Each year’s zone was therefore available from January 1, before the price reactions shown here. For yearly grids, I watch monthly closes relative to the whole zone. Touching it, trading through it and closing beyond it are different observations. These are selected historical examples, not a backtest or proof of a predictive edge. They explain the framework I use, rather than guarantee the next reversal.
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