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Bitcoin Hits Landmark Price as it Reaches an All-Time High

News • 2020/12/16 • by
damzylance

Bitcoin and other altcoins are breaking boundaries in the new bull run. After a long wait, BTC finally pushes past the $20K resistance level.

Major signals

  • BTC experienced up to a 15% increase, and it currently trades at above $22,000
  • ETH also has an upward movement, and it has tested the $650 resistance level
  • Ripple went up by 25%, and other coins like ZEN, XLM, CHSB went up by 15%

Eventually, Bitcoin’s price broke the almighty 20k resistance and broke more resistance to trade above $22,000. Other altcoins also had a significant push and trimmed past losses. The spike took BTC past the $20k and $21k level as the leading crypto now trades near $22.2k. The $22.2k level looks temporary, and BTC might go as high as $23k.

ETH broke the $600 resistance and trades around the $650 resistance. BCH saw a 10% increase, LTC saw 15%, and ripple rallied over 25%.

Do you think BTC is done with the new milestone, or do you expect more from BTC and other altcoins? Share your opinion in the comment box.

Comments (5)
andrei12
6 years ago
i believe we might see a serious dip but not as bad as in 2017
visiblemoney
6 years ago
BTC is not done yet! It might likely end around $27k at the close of 2020 while other altcoins follow suite.
lorettachinasa
6 years ago
It's a nice move and I see Bitcoin getting to $24,000 level
tessier122
6 years ago
It’s actually getting higher day by day
ajii12
6 years ago
men 2020 had some surprises

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