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OLD-BOY
Jan 12, 2021 12:24 PM

Bitcoin pullback to $20k Short

Bitcoin / TetherUSBinance

Description

With the Biden win being concreted (it seems) the DXY has changed momentum to the upside. Retracements in XAG and XAU have already begun and BTC will be no different. We should also head back down to test 20k as support before heading back up. So all eyes on DXY and the events in USA and with no other fundamentals i can see a couple months of bear market for BTC while she tests support and consolidates for the next move up to $46,000 area.
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