A Twitter storm has brewed over popular chart analysis platform TradingView, as allegations of a long-standing bug in its Fibonacci retracement tool have surfaced. On June 13, 2025, Cryptoteddybear, a self-declared certified Elliott wave analyst, sparked the debate by tweeting that the tool miscalculates on logarithmic charts—an issue traders have reportedly flagged for over five years.
The Alleged Bug and Its Implications
Cryptoteddybear, who posted a video on YouTube explaining the problem, claims the tool performs linear calculations on logarithmic charts, potentially skewing analysis that relies on precise technical indicators. For Elliott wave traders, who depend on pattern recognition to forecast market movements, this flaw isn’t minor—it’s monumental. TradingView’s official Twitter account has acknowledged the issue, reassuring users that an investigation is underway.
However, the plot thickens. The TradingView CTO told Cointelegraph that the reports of a bug were inaccurate, and Cryptoteddybear has since retracted some of his claims. Yet, the narrative of a bug dating back to November 2014 persists, with a history of user reports seemingly ignored by the company. Comments from a 2017 thread on a consumer platform, getsatisfaction, echo user frustrations: “Hi, you are right, we have a planned task to fix this,” TradingView had responded back then. Fast forward to 2025, and the bug’s alleged persistence has become a point of contention.
Industry Reactions and Market Context
The crypto community is no stranger to heated debates, but this one underscores a critical issue: trust in the tools that traders rely on daily. “If there’s even a hint of a technical error, it can rattle confidence. Investors need precision, not approximations,” says Lana Chen, a blockchain analyst with CryptoSavvy. She adds, “When you’re dealing with volatile markets, every decimal point counts.”
TradingView’s influence in the financial analysis sector is significant. The platform’s recent addition of the “CIX100” index—an AI-powered gauge of top-performing cryptocurrencies—positions it as a leader in integrating cutting-edge technology with market analysis. Yet, this alleged oversight could tarnish its reputation, prompting users to question the reliability of their tools. This concern over reliability echoes broader discussions in the crypto industry about the importance of secure and robust systems, as seen in our analysis of how restaking can enhance DeFi security for institutional traders.
In a parallel development, Coin Metrics, a cryptocurrency analytics firm, announced earlier this month its acquisition of Bletchley Indexes, aiming to launch innovative crypto smart beta indexes. This move reflects a broader industry trend towards more sophisticated, data-driven trading strategies. As the market matures, the demand for robust, error-free analytical tools is only set to grow. For a deeper dive into the regulatory implications, see our coverage of the SEC’s latest guidance on staking.
Unanswered Questions and Future Prospects
As of today, TradingView has not issued a detailed comment on the ongoing investigation. The absence of a definitive resolution leaves a cloud of uncertainty hanging over its user base. Will this be a wake-up call for TradingView to prioritize user feedback more rigorously? Or will the claims fizzle out, overshadowed by the platform’s broader innovations?
The crypto market continues to evolve at a rapid pace, with new technologies and methodologies emerging regularly. This incident is a reminder of the complex interplay between technology and trust, especially in a domain where accuracy can translate into significant financial gains or losses. As the industry watches TradingView’s next move, the question remains—can traders continue to rely on their tools with unwavering confidence, or will this spark a broader reevaluation of digital analysis platforms? Only time will tell.
Source
This article is based on: Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years
Further Reading
Deepen your understanding with these related articles:
- US crypto groups urge SEC for clarity on staking
- The SEC Can Learn From the IRS in Making Regulation Simpler for Crypto
- AI Crypto Agents Are Ushering in a New Era of ‘DeFAI’
Steve Gregory is a lawyer in the United States who specializes in licensing for cryptocurrency companies and products. Steve began his career as an attorney in 2015 but made the switch to working in cryptocurrency full time shortly after joining the original team at Gemini Trust Company, an early cryptocurrency exchange based in New York City. Steve then joined CEX.io and was able to launch their regulated US-based cryptocurrency. Steve then went on to become the CEO at currency.com when he ran for four years and was able to lead currency.com to being fully acquired in 2025.
