{"id":12367,"date":"2022-11-08T21:14:10","date_gmt":"2022-11-08T21:14:10","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/11\/08\/bitcoin-bloodbath-takes-crypto-to-new-bear-market-lows\/"},"modified":"2022-11-08T21:14:10","modified_gmt":"2022-11-08T21:14:10","slug":"bitcoin-bloodbath-takes-crypto-to-new-bear-market-lows","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/11\/08\/bitcoin-bloodbath-takes-crypto-to-new-bear-market-lows\/","title":{"rendered":"Bitcoin Bloodbath Takes Crypto To New Bear Market Lows"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div wp_automatic_readability=\"72.091001157407\">\n<p><span class=\"style-scope yt-formatted-string\" dir=\"auto\">In this episode of NewsBTC\u2019s each day technical evaluation movies, we study the <a href=\"https:\/\/www.newsbtc.com\/news\/binance-coin\/the-binance-vs-ftx-war-here-are-the-most-recent-stats-on-chain-data\/\">bloodbath across crypto today<\/a> and the brand new file low for this Bitcoin bear market.<\/span><\/p>\n<p>Take a take a look at the video under:<\/p>\n<h2>VIDEO: Bitcoin Price Analysis (BTCUSD): November 8, 2022<\/h2>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">It was a extremely unstable day in crypto markets, led by a battle between <a href=\"https:\/\/www.newsbtc.com\/all\/the-war-is-over-binance-announces-ftx-buyout-and-the-market-recovers\/\">FTX and Binance<\/a> that in the end would possibly finish with Binance proudly owning FTX.com. The two firm\u2019s CEO\u2019s public spat prompted the already fearful crypto market to break down additional. <\/span><span style=\"font-weight: 400\">As a consequence, Bitcoin worth made a brand new bear market decrease low, setting a brand new file low for all of 2022 on the identical time.\u00a0<\/span><\/p>\n<p><p class=\"responsive-video-wrap clr\"><iframe loading=\"lazy\" title=\"Bitcoin Bloodbath Takes Price To New Bear Market Lows | BTCUSD November 8, 2022\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/dmMngLk2R4Q?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>Bulls Demoralized, Bound To Ignore Exhaustion Signal<\/h3>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">It is tough to think about a lot hope for bulls at this very second. After months of consolidation and a failed try at a breakout, bears seem to have regained management. Of the few notable bullish indicators \u2013 if any stay in any respect \u2013 the TD sequential on each day timeframes has triggered a perfected TD 13 countdown setup, which might point out that at the moment\u2019s bloodbath was a purchase and the bear pattern has been exhausted.<\/span><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">Today\u2019s uptick in buying and selling quantity appears to verify extra draw back \u2013 or is the heavy quantity the capitulation we now have been ready for as a substitute?<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-large wp-image-509920\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-08_16-04-52-860x479.png\" alt=\"BTCUSD_2022-11-08_16-04-52\" width=\"860\" height=\"479\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-08_16-04-52-860x479.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-08_16-04-52-460x256.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-08_16-04-52-768x428.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-08_16-04-52-1536x856.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-08_16-04-52-2048x1141.png 2048w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-08_16-04-52-750x418.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-08_16-04-52-1140x635.png 1140w\" sizes=\"auto, (max-width: 860px) 100vw, 860px\"\/><\/p>\n<pre style=\"text-align: center\">Will bulls ignore these exhaustion indicators? | 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\/matic\/matic-polygon-tapped-by-meta-maticusd-november\/\">MATIC On The Move After Polygon Tapped By META | MATICUSD November 3, 2022<\/a><\/p>\n<h3>Bitcoin Futures Goes Back In Time To Beginning Of 2018 Bear Market<\/h3>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">On BTC CME Futures, Bitcoin worth touched down on the one weekly assist that exists on the way in which down. Because CME futures launched after the highest cryptocurrency\u2019s 2017 peak, the value chart started with a bear market in Bitcoin.<\/span><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">On the yearly timeframe, we are able to see that the value candle touched precisely on the tip prime of the wick representing the 2018 yearly excessive.<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large wp-image-509919 aligncenter\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTC1_2022-11-08_16-03-20-860x479.png\" alt=\"BTC1!_2022-11-08_16-03-20\" width=\"860\" height=\"479\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTC1_2022-11-08_16-03-20-860x479.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTC1_2022-11-08_16-03-20-460x256.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTC1_2022-11-08_16-03-20-768x427.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTC1_2022-11-08_16-03-20-1536x855.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTC1_2022-11-08_16-03-20-2048x1140.png 2048w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTC1_2022-11-08_16-03-20-750x417.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTC1_2022-11-08_16-03-20-1140x634.png 1140w\" sizes=\"auto, (max-width: 860px) 100vw, 860px\"\/><\/p>\n<h3>Why The Log Curve Is The Last Hope For Crypto Bulls<\/h3>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">For bulls on the lookout for one thing \u2013 something \u2013 to search out solace in after at the moment\u2019s massacre in crypto, there&#8217;s a likelihood that that is the underside primarily based on nothing greater than the log development curve.<\/span><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">Drawn from wick to wick, there isn&#8217;t any additional room for BTCUSD to go downward a lot additional. Only a number of occasions in historical past has the precise backside line been touched and every time has became the best bull runs on file.<\/span><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">With no room left on the backside of the log development curve, what on the planet will occur subsequent?<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large wp-image-509918 aligncenter\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-08_16-02-04-860x503.png\" alt=\"BTCUSD_2022-11-08_16-02-04\" width=\"860\" height=\"503\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-08_16-02-04-860x503.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-08_16-02-04-460x269.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-08_16-02-04-768x449.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-08_16-02-04-1536x899.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-08_16-02-04-2048x1198.png 2048w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-08_16-02-04-750x439.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-08_16-02-04-1140x667.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-bloodbath-bear-market-lows-btcusd\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] In this episode of NewsBTC\u2019s each day technical evaluation movies, we study the bloodbath across crypto today and the brand new file low for this Bitcoin bear market. Take a take a look at the video under: VIDEO: Bitcoin Price Analysis (BTCUSD): November 8, 2022 It was a extremely unstable day in crypto markets, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12369,"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":[719,20,1457,24,1331,41,1003],"class_list":["post-12367","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bear","tag-bitcoin","tag-bloodbath","tag-crypto","tag-lows","tag-market","tag-takes","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\/12367","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=12367"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/12367\/revisions"}],"predecessor-version":[{"id":12368,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/12367\/revisions\/12368"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/12369"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=12367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=12367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=12367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