{"id":11633,"date":"2022-10-27T21:36:50","date_gmt":"2022-10-27T21:36:50","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/10\/27\/the-inverted-bitcoin-chart-bears-dont-wanna-see\/"},"modified":"2022-10-27T21:36:50","modified_gmt":"2022-10-27T21:36:50","slug":"the-inverted-bitcoin-chart-bears-dont-wanna-see","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/10\/27\/the-inverted-bitcoin-chart-bears-dont-wanna-see\/","title":{"rendered":"The Inverted Bitcoin Chart Bears Don&#8217;t Wanna See"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div wp_automatic_readability=\"70.100872410033\">\n<p><span class=\"style-scope yt-formatted-string\" dir=\"auto\">In this episode of NewsBTC\u2019s each day technical evaluation movies, we flip the <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-grinds-higher-25k\/\">Bitcoin price<\/a> chart the other way up to get a novel perspective in the marketplace.<\/span><\/p>\n<p>Take a take a look at the video under:<\/p>\n<h2>VIDEO: Bitcoin Price Analysis (BTCUSD): October 27, 2022<\/h2>\n<p><p class=\"responsive-video-wrap clr\"><iframe loading=\"lazy\" title=\"The Inverted Bitcoin Chart Bears Don&#039;t Wanna See | BTCUSD Analysis October 27, 2022\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/Biy-4Eq7KTE?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>Inverted Bitcoin Price Chart Could Suggest Bear Market Is Over<\/h3>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">When value motion appears complicated, inverting the chart of any asset might help to take away bias and supply a clearer image.\u00a0<\/span><span style=\"font-weight: 400\">Looking at BTCUSD from this angle, it certain seems like a retest of horizontal assist turned resistance. There can also be an ongoing breakdown of an uptrend line. But keep in mind, every little thing is the other way up.<\/span><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">On larger timeframes, diagonal downtrend resistance stays intact. We can even clearly see very comparable value motion throughout the final main \u201ctop\u201d which is definitely the 2018 bear market backside.\u00a0<\/span><span style=\"font-weight: 400\">When you flip issues proper aspect up once more, does Bitcoin actually look all that bearish?<\/span><\/p>\n<p style=\"text-align: center\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-large wp-image-508239\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-27_16-07-50-860x479.png\" alt=\"BTCUSD_2022-10-27_16-07-50\" width=\"860\" height=\"479\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-27_16-07-50-860x479.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-27_16-07-50-460x256.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-27_16-07-50-768x428.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-27_16-07-50-1536x856.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-27_16-07-50-2048x1141.png 2048w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-27_16-07-50-750x418.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-27_16-07-50-1140x635.png 1140w\" sizes=\"auto, (max-width: 860px) 100vw, 860px\"\/><\/p>\n<pre style=\"text-align: center\">Bitcoin bulls can flip that frown the other way up | Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\" target=\"_blank\" rel=\"noopener\">BTCUSD on TradingView.com<\/a><\/pre>\n<p>Related Reading: <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-price-20000-bulls-stampede-btcusd-october-25-2022\/\">Are Bitcoin Bulls Ready To Stampede? | BTCUSD Analysis October 25, 2022<\/a><\/p>\n<h3>BTCUSD Weekly RSI Buy Signal Days Away From Confirming<\/h3>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">Moving alongside, we even have a possible purchase sign on the weekly <a href=\"https:\/\/www.newsbtc.com\/topic\/relative-strength-index\/\">Relative Strength Index<\/a>. This one is especially necessary, as that is how the instrument\u2019s creator supposed it to work.\u00a0<\/span><span style=\"font-weight: 400\">The purchase sign occurs when the next excessive is made on the RSI, after reaching oversold situations and holding above oversold territory on a subsequent bounce.\u00a0<\/span><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">It does assist that BTCUSD weekly can also be engaged on breaking out of downtrend RSI resistance additionally at the exact same time.\u00a0<\/span><span style=\"font-weight: 400\">Looking again at previous Bitcoin bottoms, we will see that it was this precise purchase sign that put in every backside on weekly timeframes.\u00a0<\/span><span style=\"font-weight: 400\">We can even see there&#8217;s a cyclical rhythm to when every downtrend has come to its conclusion.<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large wp-image-508236 aligncenter\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-27_16-00-20-860x479.png\" alt=\"BTCUSD_2022-10-27_16-00-20\" width=\"860\" height=\"479\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-27_16-00-20-860x479.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-27_16-00-20-460x256.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-27_16-00-20-768x428.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-27_16-00-20-1536x856.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-27_16-00-20-2048x1141.png 2048w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-27_16-00-20-750x418.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/BTCUSD_2022-10-27_16-00-20-1140x635.png 1140w\" sizes=\"auto, (max-width: 860px) 100vw, 860px\"\/><\/p>\n<h3>The End Of The Dollar Rally Could Conclude Crypto Winter<\/h3>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">If that was a RSI purchase sign on the BTCUSD weekly, what we&#8217;re about to see is a promote sign on the RSI through the DXY weekly.\u00a0<\/span><span style=\"font-weight: 400\">The promote sign on the <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-reclaims-19500-as-dollars-plummets-will-btc-see-more-upside\/\">Dollar Currency Index<\/a> is starting to interrupt down from a diagonal RSI assist line, and break down from its ongoing parabola.\u00a0<\/span><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">Putting the DXY and Bitcoin chart aspect to aspect, we will see that there are straight opposing alerts on every chart. Watch the complete video for the whole evaluation and extra comparisons.<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large wp-image-508235 aligncenter\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/DXY_2022-10-27_16-01-02-860x479.png\" alt=\"DXY_2022-10-27_16-01-02\" width=\"860\" height=\"479\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/DXY_2022-10-27_16-01-02-860x479.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/DXY_2022-10-27_16-01-02-460x256.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/DXY_2022-10-27_16-01-02-768x427.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/DXY_2022-10-27_16-01-02-1536x855.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/DXY_2022-10-27_16-01-02-2048x1140.png 2048w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/DXY_2022-10-27_16-01-02-750x417.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/10\/DXY_2022-10-27_16-01-02-1140x634.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\/the-inverted-bitcoin-chart-bears-dont-wanna-see-btcusd-analysis-october-27-2022\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] In this episode of NewsBTC\u2019s each day technical evaluation movies, we flip the Bitcoin price chart the other way up to get a novel perspective in the marketplace. Take a take a look at the video under: VIDEO: Bitcoin Price Analysis (BTCUSD): October 27, 2022 Inverted Bitcoin Price Chart Could Suggest Bear Market Is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11635,"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":[676,20,2241,1135,3568,4953],"class_list":["post-11633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bears","tag-bitcoin","tag-chart","tag-dont","tag-inverted","tag-wanna","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\/11633","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=11633"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/11633\/revisions"}],"predecessor-version":[{"id":11634,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/11633\/revisions\/11634"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/11635"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=11633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=11633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=11633"}],"curies":[{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