Expert Warns Of Bearish Phase Unfolding This November — TradingView News
November has kicked off on a negative note for crypto prices, with Bitcoin (BTC) briefly dipping toward $105,000 on Monday. This decline has sparked a renewed sense of bearish sentiment among investors, and experts caution that conditions could worsen in the coming days.
November Deadline Approaches
Market expert CryptoBirb recently expressed concerns on social media platform X (formerly Twitter), noting that the market is already ten days into a bearish cycle. According to CryptoBirb, diving into on-chain data, the more alarming the picture appears.
CryptoBirb’s analysis begins with cycle peak data: it has been 1,078 days since the low in November 2022, which is 101.2% of the crypto cycle complete. Additionally, it has been 563 days…
