In this article, the Multiple Scales Method is used to analyze the chaotic behavior and different types of fixed points in ferroresonance of voltage transformers considering core loss. This phenomenon has nonlinear chaotic dynamics and includes subharmonic, quasi-periodic, and also chaotic oscillations. In this article, the chaotic behavior and various ferroresonant oscillations modes of the voltage transformer is studied. This phenomenon consists of different types of bifurcations such as Period Doubling Bifurcation (PDB), Saddle Node Bifurcation (SNB), Hopf Bifurcation (HB) and chaos. The dynamic analysis of ferroresonant circuit is based on bifurcation theory. The bifurcation and phase plane diagrams are illustrated using a continuous method and linear and nonlinear models of core loss. To analyze ferroresonance phenomenon, the Lyapunov exponents are calculated via Multiple Scales Method obtaining Feigenbaum numbers. The bifurcation diagrams illustrate the variation of the control parameter. Therefore, the chaos is created and increased in the system.