UbiquitousAngles

Bitcoin's Moving Averages (Lucas Daily, Weekly, & Monthly SMAs)

BNC:BLX   Bitcoin Liquid Index
Continuing the series, Lucas Numbers are ultimately derived from phi, the golden ratio. I consider them Fibonacci Multiples because I discovered them by taking the ratio of nonsequential numbers along the Fibonacci Sequence.

Using daily, weekly, and monthly closes, I have overlaid the SMAs using Lucas Numbers to determine the number of periods to measure.

2 black
1 orange
3 red
4 pink
7 purple
11 dark blue
18 light blue
29 light green
47 black
76 orange
123 red
199 pink
322 purple
521 dark blue
843 light blue
1364 light green
2207 black
3571 orange

It shouldn't be surprising to see Lucas Numbers behave similarly to Fibonacci Sequence moving averages.
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