Bitcoin (BTCOn December 27, it hit all-time highs of $ 28,400 before reaching thousands of dollars. This is the last chapter of the Christmas trade passion.
BTC price dropped $ 1,900 in minutes
After a 15% 24-hour profit, Bitcoin hit a huge sell-off of over $ 28,000. Its very fast upward trajectory, the largest cryptocurrency, then fell to a low of $ 26,500.
At the time of the press, BTC / USD was volatile around $ 27,000, which made it difficult to control strong market direction.
Analyst: “The bull run begins”
As a Cointelegraph Reported Earlier that day, for the first time, Bitcoin set many records with its latest activities, including a $ 500 billion market.
And Monday should see the biggest gap in Bitcoin futures markets.
This is the largest CME gap in history pic.twitter.com/IWBsyQsXab
– Saylor Noon Fan Club (@cryptoSqueeze) December 27, 2020
Since overcoming the $ 24,000 resistance, Bitcoin has become a parabolic market, trading in fantasy and trading in a pre-determined trading phase.
Organizational investors are resting, and the talks are fooling retail buyers into strengthening the final stages of the Bitcoin bull run.
Van de Poppe further explored the $ 19,500 potential resettlement zone. Altcoin benefits from the Bitcoin model as long as its own profit slows. Next month:
According to Binance order book data, another big hurdle for BTC milk is the $ 30,000 scary wall.