{"id":12449,"date":"2022-11-09T21:41:39","date_gmt":"2022-11-09T21:41:39","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/11\/09\/how-much-longer-till-the-bottom\/"},"modified":"2022-11-09T21:41:39","modified_gmt":"2022-11-09T21:41:39","slug":"how-much-longer-till-the-bottom","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/11\/09\/how-much-longer-till-the-bottom\/","title":{"rendered":"How Much Longer Till The Bottom"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div wp_automatic_readability=\"69.940515933232\">\n<p>In this episode of NewsBTC\u2019s every day crypto technical evaluation movies, we&#8217;re analyzing previous <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/by-the-numbers-the-worst-bitcoin-bear-markets-ever\/\">Bitcoin bear markets<\/a> to see how a lot additional we might have earlier than a backside is in.<\/p>\n<p>Take a have a look at the video under:<\/p>\n<h2>VIDEO: Bitcoin Price Analysis (BTCUSD): November 9, 2022<\/h2>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">Bitcoin worth continues to set new low after low now that assist has been decisively damaged.\u00a0<\/span><\/p>\n<p><p class=\"responsive-video-wrap clr\"><iframe loading=\"lazy\" title=\"Bitcoin Bear Markets Compared: How Much Longer Till The Bottom? | BTCUSD November 9, 2022\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/xnvJpKq7EMY?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>Expanded Flat Corrective Pattern Fills Out Further<\/h3>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">The market is clearly bearish, however on the brighter aspect now we have what might be the ultimate wave in an expanded flat sample.\u00a0<\/span><span style=\"font-weight: 400\">The push to new lows continues to fill out what might be a big falling wedge sample. But contemplating the value motion and sentiment on the market, it&#8217;s difficult to think about any bullish thesis.<\/span><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">Bitcoin worth is now on the 0.5 retracement utilizing Fibonacci on log settings. But that isn\u2019t very reassuring. Given the expectations for the $14K and $13K space, both Bitcoin worth motion stops in need of that stage, or slices proper via it.<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-large wp-image-510136 aligncenter\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-09_16-27-20-860x503.png\" alt=\"BTCUSD_2022-11-09_16-27-20\" width=\"860\" height=\"503\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-09_16-27-20-860x503.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-09_16-27-20-460x269.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-09_16-27-20-768x449.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-09_16-27-20-1536x899.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-09_16-27-20-2048x1198.png 2048w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-09_16-27-20-750x439.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-09_16-27-20-1140x667.png 1140w\" sizes=\"auto, (max-width: 860px) 100vw, 860px\"\/><\/p>\n<pre style=\"text-align: center\">Has the corrective sample accomplished? | 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-predict-bottom-btcusd-november\/\">Bitcoin Price: Can Cyclical Tools Predict The Next Bubble? | BTCUSD November 7, 2022<\/a><\/p>\n<h3>Bitcoin Bear Market Worst-Case Scenario<\/h3>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">In these subsequent charts, the worst case state of affairs would contain filling a BTC CME hole at below $10,000. Not solely is there confluence there with diagonal uptrend assist, however that&#8217;s roughly 85% retracement from the height.\u00a0<\/span><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">This is notable, as a result of through the 2018 bear market, BTC fell by 84%, and within the 2015 bear promote it dropped 86%. If you common out these two samples, you get an 85% retracement on common.<\/span><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">Much like the highest cryptocurrency peaked properly under the ROI ranges of previous bull runs, bear markets received\u2019t see as a lot of a decline both.\u00a0<\/span><span style=\"font-weight: 400\">The thought is that Bitcoin volatility is disappearing over time. <\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large wp-image-510138 aligncenter\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTC1_2022-11-09_16-27-40-860x479.png\" alt=\"BTC1!_2022-11-09_16-27-40\" width=\"860\" height=\"479\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTC1_2022-11-09_16-27-40-860x479.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTC1_2022-11-09_16-27-40-460x256.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTC1_2022-11-09_16-27-40-768x428.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTC1_2022-11-09_16-27-40-1536x856.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTC1_2022-11-09_16-27-40-2048x1141.png 2048w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTC1_2022-11-09_16-27-40-750x418.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTC1_2022-11-09_16-27-40-1140x635.png 1140w\" sizes=\"auto, (max-width: 860px) 100vw, 860px\"\/><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large wp-image-510139 aligncenter\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-09_16-33-51-860x479.png\" alt=\"BTCUSD_2022-11-09_16-33-51\" width=\"860\" height=\"479\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-09_16-33-51-860x479.png 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-09_16-33-51-460x256.png 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-09_16-33-51-768x428.png 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-09_16-33-51-1536x856.png 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-09_16-33-51-2048x1141.png 2048w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-09_16-33-51-750x418.png 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2022\/11\/BTCUSD_2022-11-09_16-33-51-1140x635.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-bear-markets-compared-btcusd-november\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] In this episode of NewsBTC\u2019s every day crypto technical evaluation movies, we&#8217;re analyzing previous Bitcoin bear markets to see how a lot additional we might have earlier than a backside is in. Take a have a look at the video under: VIDEO: Bitcoin Price Analysis (BTCUSD): November 9, 2022 Bitcoin worth continues to set [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12451,"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":[245,1549],"class_list":["post-12449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bottom","tag-longer","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\/12449","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=12449"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/12449\/revisions"}],"predecessor-version":[{"id":12450,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/12449\/revisions\/12450"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/12451"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=12449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=12449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=12449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}