{"id":393132,"date":"2019-08-14T19:00:34","date_gmt":"2019-08-14T19:00:34","guid":{"rendered":"https:\/\/ktsl888.com\/?p=393132"},"modified":"2024-06-12T09:27:45","modified_gmt":"2024-06-12T09:27:45","slug":"bitcoin-math-fibonacci-crypto-price","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-math-fibonacci-crypto-price\/","title":{"rendered":"Can Ancient Math Predict the Next Bitcoin Top at $220K?"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\"><a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a> was built using mathematical code, and nearly all aspects of it, from its hard-capped supply to its price, and everything in between is deeply steeped in math.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Ancient mathematics first popularized in the middle-ages may hold the key to predicting Bitcoin tops and bottoms with chilling accuracy. And according to how the number sequence has followed thus far, one <a href=\"\/tag\/crypto\" rel=\"nofollow\">crypto<\/a> analyst believes it would put the top of the next Bitcoin rally at $220,000 per BTC.<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Fibonacci Sequence Could Be Magical Tool For Predicting Bitcoin Tops and Bottoms<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">Mathematics is the study of quantity, structure, space, and change. Each of these key attributes is central to <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a> in some way. <em>Quantity<\/em>, would represent how many Bitcoin\u2019s have been hard-coded to exist; <em>structure<\/em> would represent Bitcoin\u2019s code and blockchain, <em>space<\/em> could theoretically represent chart patterns such as the symmetrical triangle the crypto asset recently broke down from; and <em>change<\/em> would be represented by price action and change in value, or potentially through Bitcoin\u2019s regularly planned halvings.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/ktsl888.com\/2019\/08\/12\/historical-data-shows-bitcoin-price-correction-could-last-5-more-months\/\">Historical Data Shows Bitcoin Price Correction Could Last 5 More Months<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">With math so important to Bitcoin, could it also hold the key to unlocking the ability to accurately predict price tops and bottoms using a number sequence developed by a renowned mathematician from the middle-ages? One crypto analyst believes so and suggests the next target for Bitcoin\u2019s top would be $220,000 per BTC if the sequence continues to be followed.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udd2e is <a href=\"https:\/\/twitter.com\/hashtag\/BiTcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#BiTcoin<\/a> following a <a href=\"https:\/\/twitter.com\/hashtag\/magic?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#magic<\/a> mathemaTic path ..? \ud83d\uddff<\/p>\n<p>it seems that <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$BTC<\/a> is ruled by <a href=\"https:\/\/twitter.com\/hashtag\/fibonacci?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#fibonacci<\/a> numbers..<\/p>\n<p>if that repeats for the 4th time, the next cycle will bring us:<\/p>\n<p>\ud83d\udd25 TOP ~220K<br \/>\ud83d\udd25 BTM ~36K<\/p>\n<p>canT waiT legghoooo \ud83d\ude80 <a href=\"https:\/\/t.co\/3oN7p4K72u\" rel=\"nofollow\">pic.twitter.com\/3oN7p4K72u<\/a><\/p>\n<p>&mdash; pepa\ud83c\udf19 (@moonshilla) <a href=\"https:\/\/twitter.com\/moonshilla\/status\/16164864?ref_src=twsrc%5Etfw\" rel=\"nofollow\">August 14, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p class=\"p1\"><span class=\"s1\">The analyst says that Bitcoin is \u201cruled by Fibonacci numbers,\u201d and follows a \u201cmagic mathematic path.\u201d Using Fibonacci sequence \u2013 a series of numbers where the next number can be found by adding up the two numbers before it \u2013 the analyst claims each previous cycle top and bottom has been predictable, and if the same pattern is followed, the next logical top for BTC would be at $220,000.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">As for when that target is reached, the analyst doesn\u2019t say, but does also offer up a bottom Bitcoin will reach after the top target has been reached and momentum begins to reverse. According to the theory, the next Bitcoin bottom would be at $36,000.<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Fib Tools and Math Are a Crypto Trader\u2019s Best Friend<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">Fibonacci sequence was popularized by and eventually named after <a href=\"https:\/\/en.wikipedia.org\/wiki\/Fibonacci\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Leonardo Bonacc<\/a>i, considered the &#8220;the most talented Western mathematician of the Middle Ages\u201d and better known as Fibonacci. His work is commonly found even today, especially when it comes to Bitcoin, crypto, and financial markets.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/ktsl888.com\/2019\/08\/09\/gann-theory-suggests-bitcoin-price-at-do-or-die-moment-important-pivot-ahead\/\">Gann Theory Suggests Bitcoin Price at \u201cDo or Die\u201d Moment, Important Pivot Ahead<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">Using fib ratios, fib retracement levels, fib spirals, and other Fibonacci-based tools applied to price charts of various assets, important price levels, and trend turning points can be predicted with a high degree of accuracy. Traders use these tools in conjunction with other forms of mathematics, such as geometrical shapes such as triangles, squares, and circles to help, and indicators to conduct technical analysis that can help improve success rates when trading.<\/span><\/p>\n<div class=\"jeg_video_container jeg_video_content\"><\/iframe><\/div>\n<p class=\"p1\"><span class=\"s1\">Given the weight that mathematics holds with Bitcoin, and how deeply rooted the first-ever crypto asset is in math, the analyst\u2019s predictions could be proven true. But only time will tell if Bitcoin continues to follow Fibonacci sequence.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin was built using mathematical code, and nearly all aspects of it, from its hard-capped supply to its price, and everything in between is deeply steeped in math. Ancient mathematics first popularized in the middle-ages may hold the key to predicting Bitcoin tops and bottoms with chilling accuracy. And according to how the number sequence has followed thus far, one crypto analyst believes it would put the top of the next Bitcoin rally at $220,000 per BTC. Fibonacci Sequence Could Be Magical Tool For Predicting Bitcoin Tops and Bottoms Mathematics is the study of quantity, structure, space, and change. Each of these key attributes is central to Bitcoin in some way. Quantity, would represent how many Bitcoin\u2019s have been hard-coded to exist; structure would represent Bitcoin\u2019s code and blockchain, space could theoretically represent chart patterns such as the symmetrical triangle the crypto asset recently broke down from; and change would be represented by price action and change in value, or potentially through Bitcoin\u2019s regularly planned halvings. Related Reading | Historical Data Shows Bitcoin Price Correction Could Last 5 More Months With math so important to Bitcoin, could it also hold the key to unlocking the ability to accurately predict price tops and bottoms using a number sequence developed by a renowned mathematician from the middle-ages? One crypto analyst believes so and suggests the next target for Bitcoin\u2019s top would be $220,000 per BTC if the sequence continues to be followed. \ud83d\udd2e is #BiTcoin following a #magic mathemaTic path ..? \ud83d\uddff it seems that $BTC is ruled by #fibonacci numbers.. if that repeats for the 4th time, the next cycle will bring us: \ud83d\udd25 TOP ~220K\ud83d\udd25 BTM ~36K canT waiT legghoooo \ud83d\ude80 pic.twitter.com\/3oN7p4K72u &mdash; pepa\ud83c\udf19 (@moonshilla) August 14, 2019 The analyst says that Bitcoin is \u201cruled by Fibonacci numbers,\u201d and follows a \u201cmagic mathematic path.\u201d Using Fibonacci sequence \u2013 a series of numbers where the next number can be found by adding up the two numbers before it \u2013 the analyst claims each previous cycle top and bottom has been predictable, and if the same pattern is followed, the next logical top for BTC would be at $220,000. As for when that target is reached, the analyst doesn\u2019t say, but does also offer up a bottom Bitcoin will reach after the top target has been reached and momentum begins to reverse. According to the theory, the next Bitcoin bottom would be at $36,000. Fib Tools and Math Are a Crypto Trader\u2019s Best Friend Fibonacci sequence was popularized by and eventually named after Leonardo Bonacci, considered the &#8220;the most talented Western mathematician of the Middle Ages\u201d and better known as Fibonacci. His work is commonly found even today, especially when it comes to Bitcoin, crypto, and financial markets. Related Reading | Gann Theory Suggests Bitcoin Price at \u201cDo or Die\u201d Moment, Important Pivot Ahead Using fib ratios, fib retracement levels, fib spirals, and other Fibonacci-based tools applied to price charts of various assets, important price levels, and trend turning points can be predicted with a high degree of accuracy. Traders use these tools in conjunction with other forms of mathematics, such as geometrical shapes such as triangles, squares, and circles to help, and indicators to conduct technical analysis that can help improve success rates when trading. Given the weight that mathematics holds with Bitcoin, and how deeply rooted the first-ever crypto asset is in math, the analyst\u2019s predictions could be proven true. But only time will tell if Bitcoin continues to follow Fibonacci sequence.<\/p>\n","protected":false},"author":517,"featured_media":393136,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3],"tags":[428,6664,51608,51607,51609],"class_list":["post-393132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","tag-bitcoin","tag-crypto","tag-fibonacci-sequence","tag-math","tag-technical-analsysis"],"acf":[],"yoast_head":"\n<title>Can Ancient Math Predict the Next Bitcoin Top at $220K?<\/title>\n<meta name=\"description\" content=\"With math so important to Bitcoin, could it also be the key to unlocking the ability to accurately predict price tops and bottoms using Fibonacci sequence?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/bitcoin-math-fibonacci-crypto-price\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Can Ancient Math Predict the Next Bitcoin Top at $220K?\" \/>\n<meta property=\"og:description\" content=\"With math so important to Bitcoin, could it also be the key to unlocking the ability to accurately predict price tops and bottoms using Fibonacci sequence?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/bitcoin-math-fibonacci-crypto-price\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-14T19:00:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-12T09:27:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/08\/bitcoin-fibonacci-math-shutterstock_784608505.jpg?fit=5283%2C3522\" \/>\n\t<meta property=\"og:image:width\" content=\"5283\" \/>\n\t<meta property=\"og:image:height\" content=\"3522\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony &quot;El Toro&quot; 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The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. 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His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. 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