{"id":10983,"date":"2022-10-18T21:48:21","date_gmt":"2022-10-18T21:48:21","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/10\/18\/bitcoin-price-action-falls-flat\/"},"modified":"2022-10-18T21:48:21","modified_gmt":"2022-10-18T21:48:21","slug":"bitcoin-price-action-falls-flat","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/10\/18\/bitcoin-price-action-falls-flat\/","title":{"rendered":"Bitcoin Price Action Falls Flat"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div wp_automatic_readability=\"80.759799833194\">\n<p>In this episode of NewsBTC\u2019s each day technical evaluation movies,\u00a0we&#8217;re as soon as once more inspecting a potential <a href=\"https:\/\/www.newsbtc.com\/all\/bitcoin-falls-flat-examining-a-rare-bull-market-corrective-pattern\/\">expanded flat correction in Bitcoin<\/a>. Once the correction has accomplished, the bull market might resume.<\/p>\n<p>Take a take a look at the video beneath:<\/p>\n<h2>VIDEO: Bitcoin Price Analysis (BTCUSD): October 18, 2022<\/h2>\n<p>In addition to the video highlights listed beneath the video, we additionally analyze BTCUSD utilizing the Ichimoku, Bollinger Bands, SuperTrend, TD Sequential, and different technical instruments.<\/p>\n<p><p class=\"responsive-video-wrap clr\"><iframe loading=\"lazy\" title=\"Bitcoin Price Action Falls Flat | BTCUSD Analysis October 18, 2022\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/wvKu9WzdnPk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<\/p>\n<h3>Three Strikes: BTCUSD Rejected From 50-Day Moving Average<\/h3>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">BTCUSD each day worth motion was as soon as once more rejected from the <a href=\"https:\/\/www.newsbtc.com\/news\/50dma-bitcoin-price-facing-dangerous-retest-of-moving-average\/\">50-day moving average<\/a>. This is the third rejection since September, making the 50MA a crucial line within the sand to cross earlier than any probability of additional upside.<\/span><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">Zooming out and evaluating the 50MA and its habits across the 2018 bear market backside, we will see that breaking by way of it&#8217;s the key to bulls regaining management on each day timeframes.\u00a0<\/span><span style=\"font-weight: 400\">Given the shut proximity of the 100-day transferring common in yellow, the subsequent goal could be the pink, 200-day transferring common positioned at round $26K.<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large wp-image-506910 aligncenter\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-18_17-17-55-860x500.png\" alt=\"BTCUSD_2022-10-18_17-17-55\" width=\"860\" height=\"500\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-18_17-17-55-860x500.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-18_17-17-55-460x268.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-18_17-17-55-768x447.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-18_17-17-55-1536x894.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-18_17-17-55-2048x1192.png 2048w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-18_17-17-55-750x436.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-18_17-17-55-1140x663.png 1140w\" sizes=\"auto, (max-width: 860px) 100vw, 860px\"\/><\/p>\n<pre style=\"text-align: center\">If Bitcoin can break the 50-MA and 100-MA, $26K is subsequent | Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\" target=\"_blank\" rel=\"noopener\">BTCUSD on TradingView.com<\/a><\/pre>\n<h3>Bitcoin CME Futures Paints Near-Perfect Expanded Flat Pattern<\/h3>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">The <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-cme-front-month-futures-reach-deepest-discount-ever-recorded\/\">BTC CME Futures<\/a> line chart causes the worth motion over the past 18 months to just about completely fill out an expanded flat sample.\u00a0<\/span><span style=\"font-weight: 400\">An expanded flat contains a greater excessive on the prime of the B wave, adopted by a decrease low because the C wave terminates. The C wave is an impulse wave down made up of 5 whole sub-waves.<\/span><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">The BTC CME chart begins with a bear market. The main rely would recommend the expanded flat correction shaped in wave 4 and there may be nonetheless a wave 5 forward.\u00a0<\/span><span style=\"font-weight: 400\">In <a href=\"https:\/\/bit.ly\/2Wm62le\" target=\"_blank\" rel=\"noopener\">Elliott Wave Theory<\/a>, one method to probably challenge the height of the place wave 5 will terminate, is to seek out the inverse Fibonacci extension of wave C.\u00a0<\/span><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">At the 1.272 extension, Bitcoin would attain $90,000, whereas if the 1.618 golden ratio extension is tapped, the highest could be over $137,000 per BTC.<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large wp-image-506908 aligncenter\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTC1_2022-10-18_17-16-40-860x500.png\" alt=\"BTC1!_2022-10-18_17-16-40\" width=\"860\" height=\"500\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTC1_2022-10-18_17-16-40-860x500.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTC1_2022-10-18_17-16-40-460x268.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTC1_2022-10-18_17-16-40-768x447.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTC1_2022-10-18_17-16-40-1536x894.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTC1_2022-10-18_17-16-40-2048x1192.png 2048w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTC1_2022-10-18_17-16-40-750x436.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTC1_2022-10-18_17-16-40-1140x663.png 1140w\" sizes=\"auto, (max-width: 860px) 100vw, 860px\"\/><\/p>\n<h3>Will The Crypto Winter Conclude With A Touch Of The Log Growth Curve?<\/h3>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">Although given the macro sentiment, the chance of recession, and the actual fact every flooring in crypto has fallen out many times, this isn&#8217;t an uncommon place for Bitcoin to backside out.<\/span><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">Bitcoin worth continues to grind alongside the <a href=\"https:\/\/www.newsbtc.com\/news\/logarithmic-growth-curve-charts-bitcoin-price-at-170k-in-2028\/\">logarithmic growth curve<\/a>. All worth motion all through your entire historical past of cryptocurrencies has been contained inside this narrowing curvature. Why wouldn&#8217;t it abruptly cease now?<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large wp-image-506909 aligncenter\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-18_17-17-14-860x500.png\" alt=\"BTCUSD_2022-10-18_17-17-14\" width=\"860\" height=\"500\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-18_17-17-14-860x500.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-18_17-17-14-460x268.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-18_17-17-14-768x447.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-18_17-17-14-1536x894.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-18_17-17-14-2048x1192.png 2048w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-18_17-17-14-750x436.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-18_17-17-14-1140x663.png 1140w\" sizes=\"auto, (max-width: 860px) 100vw, 860px\"\/><\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-price-action-falls-flat-btcusd\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] In this episode of NewsBTC\u2019s each day technical evaluation movies,\u00a0we&#8217;re as soon as once more inspecting a potential expanded flat correction in Bitcoin. Once the correction has accomplished, the bull market might resume. Take a take a look at the video beneath: VIDEO: Bitcoin Price Analysis (BTCUSD): October 18, 2022 In addition to the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10985,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[3],"tags":[649,20,373,4809,110],"class_list":["post-10983","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-action","tag-bitcoin","tag-falls","tag-flat","tag-price","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/10983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=10983"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/10983\/revisions"}],"predecessor-version":[{"id":10984,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/10983\/revisions\/10984"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/10985"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=10983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=10983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=10983"}],"curies":[{"name":"wp","href":"h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