Bitcoins Moving Averages (Fibonacci Daily, Weekly, Monthly SMAs)

We have taken a look at Daily, Weekly, & Monthly Moving Averages for commonly used numbers given our base 10 system, and discussed the reason for the discrepancies across time frames. Now we take a look at how moving averages change using the Fibonacci Sequence across multiple time frames.

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

Starting with the 5th number of the Fibonacci Sequence:

5 black
8 orange
13 red
21 pink
34 purple
55 dark blue
89 light blue
144 light green
233 black
377 orange
610 red
987 pink
1597 purple
2584 dark blue
4181 light blue

Understanding that the next number in the sequence is related to the previous by a factor of phi, the golden ratio, is it really a surprise that these moving averages trend so closely despite changing the time frame?