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.

Crypto

BTC new ATH again, reaches $98k

BTC: 98k (+5%), ETH: 3190 (+3%), SOL: 242 (+2%)

Mad Gains: BCH, MNT, ETC, FLOKI, BTT

BTC ETFs: +$773mn, ETH ETFs: -$30mn

US spot BTC ETFs surpass $100bn in assets

BTC CME OI hits new ATH of $21.3bn

ETH at 4-year low vs BTC

Stablecoin inflows hit record $9.7bn this month

Trump mulls creating first crypto czar role

Bitwise files for SOL ETF

BitGo launches SGP services, eyes expansion

Shanghai court recognizes crypto as property

Former FTX CTO Wang wont go to prison

Nvidia talks up Agentic AI in results, AI coins soar

Coinbase offers 4.7% APY on USDC

Arkham launches spot trading platform in US

Japan to implement crypto tax reform

Traf-fi etc

NASDAQ: 19k (0%), Gold: 2671 (+1%)

Nvidia reports solid Q3, guidance underwhelms

Gold rises for fourth day despite stronger dollar

Russia warns US base in Poland is nuclear strike target

Russia fires non-nuclear ICBM as war escalates

Trump’s DOGE to cut $2.7tn waste, end remote work

Trump plans to close education department

Trump vows to repeal Biden’s AI policy

COP29 climate talks are teetering

xAI now valued at $50b following fresh capital

Elon accuses Bezos of misleading investors on Trump

US vetoes UN Gaza ceasefire resolution

Earth heating at fastest rate ever recorded

NFTS AND MORE

Hot coins: CHILLGUY, SLERF, ZEREBRO, fartcoin, ai16z

Hot NFTs: zereborn, CHILL GUY

CHILLGUY $350m, ByBit lists perps but artist FUDs

CHILLGUY gets 110k holders in 5 days

ZEREBRO, FARTCOIN, ai16z & GOAT rebound in AI coins

XCOPY to launch Art Blocks collection today

Memecoin mindshare hits new ATH

Monkey Tilt raises $30mn Series A

BTC: 76.2k (+2%), ETH: 2920 (+3%), SOL: 204 (+9%)

Top Gainers: GRASS, CRO, ADA, NEIRO, PYTH

SOL tops $200 for first time since April

Brian Armstrong wants Pierce for SEC Chair

Trump considers Robinhood CLO for SEC Chair

Coinbase launches wrapped BTC on Solana

Detroit to accept crypto for taxes from 2025

Dorsey’s Block shifts focus to BTC mining

DEGEN blockchain migration faces challenges

Trad-Fi

NASDAQ: 19.3k (+2%), Gold: 2694 (0%)

Fed cuts rate by 25bps, points to soft landing

Powell would not resign if Trump asked

US stocks new ATH, yields fall

Harris campaign ends in >$20m debt

Trump victory batters renewable stocks

Elon’s net worth soars >$20bn post Trump win

Godfather malware targets banking, crypto apps

China unveils $1.4T debt refinancing plan

South Korea’s 4B movement gains traction

Some fibs for the dudes wanting to waste their weekend getting chopped up trading.

But when spot gives gains like this why get in the way by trading?

In any case...

Bitcoin and the top 10 highest percentage gaining cryptocurrencies as of 23:30 Brussels time on September 13, 2024,

1. **Bitcoin (BTC)** - Trading at **$60,113**, BTC is approaching the **Fib Rejection Zone** at **$61,000**. A failure to break through this level could see a retracement to the **Fib Golden Pocket** near **$58,000** for support.

2. **Electroneum (ETN)** - Up **54.66%**, currently at **$0.00304**, ETN is pushing towards the **Fib Rejection Zone** around **$0.0031**. If rejected, support is expected at **$0.0027** in the **Fib Golden Pocket**.

3. **Timeless (LIT)** - Up **47.48%**, LIT has resistance near the **Fib Rejection Zone** at **$0.045**. A retracement could lead to a pullback towards **$0.038**, the **Fib Golden Pocket**.

4. **Nervos Network (CKB)** - CKB, up **46.32%**, is approaching the **Fib Rejection Zone** at **$0.014**. A rejection here could see a decline to the **Fib Golden Pocket** around **$0.0125**.

5. **Ore (ORE)** - Trading at **$85.74**, ORE is up **46.09%** and heading towards the **Fib Rejection Zone** at **$87**. If rejected, it may fall back to the **Fib Golden Pocket** around **$82**.

6. **LET HIM COOK (COOK)** - Up **45.70%**, COOK is testing resistance in the **Fib Rejection Zone** at **$0.0034**. A retracement could pull it back to **$0.0031**, which lies in the **Fib Golden Pocket**.

7. **marumaruNFT (MARU)** - With a **45.36%** rise, MARU is nearing the **Fib Rejection Zone** at **$0.044**. Failure to break this could result in a decline towards **$0.039** in the **Fib Golden Pocket**.

8. **Wrapped Nervos Network (WCKB)** - Up **44.37%**, WCKB faces resistance in the **Fib Rejection Zone** at **$0.014**. A fallback to **$0.013** in the **Fib Golden Pocket** is possible.

9. **Hawk Tuah (HAWKTUAH)** - Trading at **$0.0012**, up **44.22%**, HAWKTUAH is nearing the **Fib Rejection Zone** at **$0.0013**. A retracement may bring it down to **$0.0011**, the **Fib Golden Pocket**.

10. **Ore (v1) ORE** - ORE is up **43.22%** and approaching the **Fib Rejection Zone** around **$85**. If rejected, it could decline towards **$80** in the **Fib Golden Pocket**.

These retracement levels provide a snapshot of where potential reversals or continued momentum might occur for these assets, with particular focus on the **Fib Rejection Zone** and **Fib Gol

Smells like green spirit but BTC needs a high time frame close over this box. The higher the time frame the better