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’s have been hard-coded to exist; structure would represent Bitcoin’s 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’s regularly planned halvings.
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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’s top would be $220,000 per BTC if the sequence continues to be followed.