What it shows
The Golden Ratio Multiplier starts from the 350-day moving average of the Bitcoin price. It then draws two bands above that average. One band is 1.6 times the average. The other is 2.0 times the average. The multipliers come from Fibonacci ratios. The 350-day line acts as a long-term trend base. The two bands act as reference levels above it. The chart plots the price against all three lines. The page also gives a text label that tells where the price sits relative to the lines.
- 350-day average line
- 1.6 and 2.0 bands
- Price position label
How to read it
Find the price on the chart and check which lines are above and below it. Price below the 350-day line means it trades under its long-term average. Price between the 350-day line and the 1.6 band is in the lower part of the range. Price above the 1.6 band and below the 2.0 band is in the upper part. Price above the 2.0 band is above all three lines. In past cycles, price touched the upper bands near its highs. The bands do not forecast the next move.
- Find the BTC price relative to the 350-day line.
- Check the distance between price and the 1.6 and 2.0 bands.
- Compare earlier cycle highs with the bands on the log scale.
What to keep in mind
The bands are fixed multiples of one moving average. They do not adapt to market conditions. Price touched or missed the bands by different amounts in each cycle. Only a few cycles exist for comparison. The calculation uses price only and ignores volume, on-chain data and news. Treat the bands as reference lines, not as targets.
A missing value is not zero. Check the source and time under each data block before you compare numbers.
Questions
What is the Golden Ratio Multiplier?
It is a chart of the Bitcoin price with the 350-day moving average and two bands. The bands sit at 1.6 and 2.0 times that average. The multipliers come from Fibonacci ratios. The chart shows how far the price is from its long-term trend.
How do I read the Golden Ratio Multiplier chart?
Check where the price line sits compared with the three other lines. Below the 350-day line means under the long-term average. Near the 1.6 or 2.0 bands means far above it. Compare these positions with earlier cycles on the same chart.
Why does the chart use a 350-day average?
The 350-day window is the base the indicator was built on. It smooths daily noise and follows the long-term trend. The app multiplies this average by 1.6 and 2.0 to draw the upper bands. The window itself is a fixed design choice.