As the end of 2022 approaches, a great number of bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin bear run just entered the longest bottom formation since the 2013-2015 bitcoin bear market. Moreover, analysts note that most of the technical bottom indicators used to predict bitcoin prices have failed to forecast whether or not the bottom is in.
Rainbows and S2F: The List of Technical Indicators That Failed to Predict Bitcoin’s Bottom
A month ago, crypto supporters celebrated enduring one of the longest and harshest bitcoin bear markets since the 2013-2015 bitcoin bear market. At the time, the 2013-2015 bitcoin bear run was the longest downturn but today, the current crypto economy’s contraction period is set to surpass the 2013-2015 crypto retrenchment.
In addition to the longest bottom phase, Bitcoin.com News reported 144 days ago how a number of technical indicators failed this yea
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