New US stimulus, Brexit and $20K: 5 things to watch in Bitcoin this week

Cointelegraph

Published Dec 07, 2020 04:22AM ET

Updated Dec 08, 2020 06:20AM ET

Bitcoin (BTC) starts another week aiming for $19,500 and beyond as crunch time for Brexit meets mass U.S. money printing.

Cointelegraph takes a look at the price factors at stake for Bitcoin this week as shaky $19,000 support remains in play.

Bitcoin CME futures hourly chart. Source: Tradingview
Federal Reserve balance sheet historical chart. Source: Federal Reserve
BTC 90-day correlation vs. Gold, VIX, SP500, USD. Source: Cointelegraph Markets/Digital Assets Data

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