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Bitcoin holds $15,800, Dollar is trading strong

November 21, 2022

Last week, we saw the consolidation of the Dollar and not much price action in any assets. Towards the end of Friday, there was a bullish move in the asset and we saw a selloff in Gold due to this.

Tokyo trading saw Gold open lower and the Dollar open higher as the trend continues. In the near term, we should see some retracement until key levels are hit.

Bitcoin held strong last week and the capitulation was not as bad as most predicted. It may not be over but for now, the digital asset has settled at its new support level.

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