Bitcoin sellers kept bulls simmering below $30,000 on December 31 as 2020 still looked set to close on a celebratory note for hodlers. Overnight, Bitcoin put in a record high of $29,270, a figure it narrowly beat on the day, with $29,300 proving too much to hold. Each peak came alongside a “choppy” period in which the price would gain or lose hundreds of dollars in minutes.
Markets Report: Bitcoin hits $28,400 as traders assess record $3,000 futures gap
A Christmas break like no other provides food for thought for traders as Bitcoin begins Monday at a dizzyingly high $27,000
Bitcoin looks bullish like never before as it begins its last week of 2020, with $20,000 now seeming like a crash target than a bullish one.
Bitcoin passes $26K as bulls charge
Spurred on by mainstream institutional investors, the milestone came just hours after bulls rushed past $25,000
Bitcoin powered well past $26,000 hours after breaking $25,000 on Dec. 26, continuing a price spike that began in November when BTC was below $14,000. At press time, Bitcoin had reached above $26,700 before retreating slightly, according to CoinMarketCap.
Markets Report: Bitcoin hits classic resistance amid warnings of $16,000 dip
A rejection at $19,400 provides a familiar pause for thought as futures gaps line up and analyst Willy Woo forecasts a break until January for the bulls
Bitcoin begins a new week inching closer to $20,000, but selling pressure is reining in the bulls—what’s to come? Bitcoin set itself apart over the weekend, climbing out of last week’s lows to hit $19,400 on the back of three-day gains which reached 10.5%.