Target scenarios for BTC: As estimated we got a smooth UTAD from the Wyckoff distribution. Bearish divergence is a strong confluence for this price breakdown + the breakout from the trendline support, as well as the issue's going on with FTX. CPI latest report coming up on Nov. 10, 2022, 08:30pm EST time. It's only a matter of time to finally see the real bottom.
Note
08:30 am EST time correction.
Note
1st target price hit! 17457.9
Note
2nd target price hit as well, 16209.3. Between 14k-12k is the possible BTC price bottom during this bear market, worst is 10k but a little bit chance as for my estimation.
Multiple Time Frame AnalysisTrend AnalysisTrend Lines

Disclaimer