Today, nearly 10% of Bitcoin surprises you at the next step

Research focus:

Bitcoin collapsed near the triple fiber bandwidth curve-does this indicate that other assets have been upside down?

In order to determine the new support level, from May to July, the price of Bitcoin is expected to be close to $9. The K 8K level will be the next harmful price target. Other than that, it could be $7k or even k6k.

As the price of Bitcoin falls, gold and silver will rise. Concerns about open markets will hit all global assets.

As the valuation of other assets declines, the U.S. dollar will be regarded as the strongest currency to own and appreciate.

Many of you are familiar with my team’s in-depth research on Fibonacci pricing theory and the use of our proprietary Fibonacci price bandwidth radian indicator. The technical analysis theory is a combination of Nikola Tesla's mechanical resonance theory and the traditional Fibonacci pricing theory. We hope that the natural frequency of price action (once detected) can be used to identify key future price penetration points. In this case, Bitcoin is used to align three distinct Fibonacci price fluctuation curves to deliver real price points within 5 days. Using our advanced Fibonacci pricing theory, the recent decline in the price of Bitcoin may naturally be related to the frequency of past peaks and troughs.

What is interesting to us is that after other Fibonacci price fluctuations bend the price and then the last price fluctuation arc ends around July 20, 2020, the price of Bitcoin in June and July is less than 10k. Then the Fibonacci arc is completed, and the only Fibonacci price range curve in the future is the triple Fibonacci curve in this daily Bitcoin chart (shown below).

Our team believes that after Bitcoin destroyed the previous Fibonacci arc, even a mild reverse price rebound, its price has "recovered". When we approached the triple Fibonacci arc, the pricing function was disabled and inverted. Does the price react to frequency levels not shown in the table?

The following weekly Bitcoin chart shows the starting point (peaks and troughs) of the Fibonacci price fluctuation curve. We use eclipse drawing tools to measure important price fluctuations (up or down), and anchor them on price peaks or price troughs, as a method to use and study price fluctuations, and then pull them out and anchor them Set to current or past price peaks or slots. We read the conditions to determine whether the price effective frequency is correct. If we think that we have drawn a valid Fibonacci price range curve, we will put it on the chart for future reference.

We hope that the current triple Fibonacci arc system may become one of the other symbols that give us a glimpse of the recent upside-down of the US stock market. These important inflation points are based on key indicators such as ocean waves in many ports and ports. When Fibonacci prices rise sharply or reach critical levels, we hope this will lead to a broader market reaction.

If this segmentation of Bitcoin continues, the $8K level will be the next harmful price target. In addition, it may be 7k dollars or even k 6k. We need to understand how Bitcoin responds to this triple Fibonacci price fluctuation curve and the depth of this price adjustment. In order to determine the new level of support, the price level of Bitcoin is expected to approach $9 from May to July.

We also believe that the decline in the price of Bitcoin will affect the global public’s concerns about the market, so gold and silver will go down. This move may try to gain the support of the dollar. As the value of other assets declines, some major currencies will be seen as powerful substitutes for the US dollar. Finally, we believe that gold and silver may see a moderate decline, and as the prices of foreign exchange and Bitcoin continue to fall, precious metals will begin to rise sharply. In times of chaos and risk, capital is always looking for better and lower risk investment solutions. If Bitcoin becomes too unstable and continues to fall, alternative assets will provide a real opportunity.

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