OLD-BOY

Bitcoin pullback to $20k

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
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.

Comments

good analysis
+1 Reply
OLD-BOY importantCode12562
@importantCode12562 appreciated
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Good analysis, it would also confirm a head and shoulders formation.
+1 Reply
OLD-BOY peterk87
@peterk87 cheers peter! Time will tell
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so wrong
+1 Reply
OLD-BOY Friendfred
@Friendfred, thank you for your helpful input
Reply
couldn't of been more wrong
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OLD-BOY slammersam1
@slammersam1 you obviously can’t read a chart! Where is my short point? Slammersam is a complete pillock
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slammersam1 slammersam1
???????????
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slammersam1 slammersam1
ok you knob
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