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Bitcoin new 'worst case scenario' puts BTC bear market bottom near $6K

Coin Telegraph LogoCoin Telegraph2 mo ago

Bitcoin new 'worst case scenario' puts BTC bear market bottom near $6K - Coin Telegraph

Quick Summary:

Bitcoin capitulation action could send BTC price back to an area double the 2018 bear market bottom, says Decentrader's Filbfilb.

In its latest livestream broadcast on Nov.24, trading platform Decentrader revealed targets for a BTC price bottom.

A comparative chart showed BTC/USD currently working through the lowest part of its four-year cycle, showing strong correlation with 2014 and 2018.


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Bitcoin new 'worst case scenario' puts BTC bear market bottom near $6K - Coin Telegraph (Picture 1)

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Article Details

Author / Journalist: Cointelegraph By William Suberg

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-26 @ 12:25:00 (2 months ago)

News Timezone: GMT -5:00

Ranking: #72 (out of 1301 stories this day)

News Source URL: cointelegraph.com

Language: English

Article Length: 470 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 1950211

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 13 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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  • URL: https://beamstart.com/news/bitcoin-new-worst-case-scenario-16694660324139

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