Btc monthly swing pivot retrace

BINANCE:BTCUSDT   Bitcoin / TetherUS
with the next monthly pivot coming in this area as of now and our next yearly at 16k region. I would be hesitant to get bullish until maybe later Q1 2021. mainly because every monthly pivot in the last couple years has been tested and every yearly for the last 7 years and possibly more. back tests on these magnetic tests can be seen with standard pivot points indicator and settings.