Fibonacci indicator that accurately targets the "top" of Bitcoin!

At every local high point in this round of Bitcoin bull market cycle, the Fibonacci indicator can be successfully verified.

When the market opens, it will enter the 4.618 range of the indicator, corresponding to the top price of Bitcoin of about 110,000 US dollars.

According to the logic of Cryptocon, this indicator chart may see a 100,000 pie by the end of this year.

I think it is not important. During this period, everyone has been bombarded with various information, including macro, on-chain indicators, technical indicators, etc. At present, basically all indicators are in line with the progress bar of the bull market, that is, the bull market continues.

1. And 10 to 12w US dollars is basically the consensus of the "top".

2. Q1 or Q2 next year is the last time period of the bull market.

Instead of arguing whether that interval is the top of the bull market, it is better for us to get that interval first, and then use the logic of the bull-bear conditional method shared by Monkey Brother before, and then make a judgment.

This wave of bottoming out is also the time when the altcoins are bottoming out. We will see a periodic altcoin market again, and there should be a lot of altcoins that will increase by 5 to 10 times.