GoldenFibs

Welcome to GoldenFibs.

This fund uses Fibonacci and momentum approaches to gauge levels of risk and opportunities.

We remain in the market as it can pump anytime with all the added institutional activity. This is not the time to be scared. Things happen fast and we are in this for the long run.

We hope some of you enjoy the ride with us.

Do not expect daily updates as a given because we do not flip our approach daily.

Do know however that we monitor the markets each day and inform you here of our outlook when we feel a significant level lost/reached or a move has been made.

May your timelines and expectations be lengthy and may your patience be strong. Your candles be daily and weekly rather than 5mins.

See you soon.

$BTC’s still licking its wounds after its first weekly drop since the election, and BTC ETFs saw $277 million in outflows, with ETH ETFs losing $75 million. Ouch.

But don’t worry, the crypto drama continues! Word is the UAE might be sitting on a $40 billion Bitcoin stash, making some serious waves in the space. Miran is taking the crypto-friendly reins as chair of economic advisors, and Bo Hines is about to lead the crypto council. Meanwhile, Tether is pushing the limits with a $775 million investment in Rumble and is set to drop up to $3 billion into AI platforms. Big money moves.

Crypto’s not slowing down either—Chamath is all about “relearning” crypto ahead of Trump’s policies, and Coinbase says tokenization and DeFi will rule 2025. Over in the NFT world, VADER is on fire with 75k holders and Kaito NFT did a 30x from mint—anyone getting in on this? And in case you missed it, OpenSea just confirmed its OCEAN token is coming, which could send things into madness mode again for the sector.

Up or down crypto’s is still buzzing today, 2025 is going to be one heck of a ride!

So Bitcoin took a hit, dropping to $92k, with Ethereum also down to $3,100. Solana isn’t far behind with a decent dip. The market's been feeling the pain for a third day in a row, and even BTC and ETH ETFs are seeing outflows, the first in weeks—$672 million out of Bitcoin and $61 million from Ethereum. Meanwhile, BTC dominance has been climbing for the 7th day straight.

In other news, Marathon and Hut 8 scooped up $1.6 billion in Bitcoin during the dip, and Metaplanet issued $61 million in debt to buy more BTC. There’s also talk from Senator Lummis, suggesting the Fed should buy 200,000 BTC annually. Meanwhile, El Salvador seems to be doubling down, buying 11 BTC the day after their IMF deal, while moving towards selling or shutting down the Chivo wallet.On the regulatory side, the SEC approved the first hybrid BTC-ETH ETF, and the US rejected SBF's appeal on his conviction.

As for the other end of the market, Fartcoin and Zerebro are making waves, with Fartcoin holding strong above $1 billion in market cap despite a recent sell-off, while Zerebro has partnered with ai16z to lead the AI charge in crypto.It’s a wild ride today, with more volatility expected as the market tries to find its footing. US open coming up soon...

Bitcoin dominance has reached fibonacci resistance which can either see

a bounce or simply a less aggressive, slower paced bleed lower, if it rejects. Let's see how the day develops. I went stable last night to minimise losses and will redeploy a 50% position in for the next hours in the lead up to US open.

Why isn't there more discussion out there on why $BTC

is criticised for its energy consumption, but AI gets a free pass?