The markets are not great.

#Bitcoin breaks down into the range and starts to plummet as geopolitics getting worse.

Peak fear happening all over the place, with Gold printing double digit gains week after week.

Davos happening now, additional meeting on Thursday (perhaps) between World Leaders.

Again, it's a very volatile week.

Given that the 4-hour chart is currently taking the lows and we're hitting a potential support level + the RSI is just as oversold as during the collapse to $80K on the 4-hour, we could see a short term bounce, not a reversal.

In order to reverse, it needs to overcome way more levels.

#market #BitcoinMarket #BitcoinAnalysis