[time-complexity] Computational complexity of Fibonacci Sequence

It is bounded on the lower end by 2^(n/2) and on the upper end by 2^n (as noted in other comments). And an interesting fact of that recursive implementation is that it has a tight asymptotic bound of Fib(n) itself. These facts can be summarized:

T(n) = O(2^(n/2))  (lower bound)
T(n) = O(2^n)   (upper bound)
T(n) = T(Fib(n)) (tight bound)

The tight bound can be reduced further using its closed form if you like.

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