After recording an all-time high of over 19,800$ on the first day of December 2020, Bitcoin made it to a new ATH in the same month. Bitcoin is currently trading at its new all-time high price, recorded on December 18th, 2020. The latest ATH 20,544$, while Bitcoin might gain enough positive momentum to get beyond the value of 20,000$ and head for the next ATH target. As 2020 is getting close to an end, Bitcoin is showing a bullish pace of growth. What to expect from Bitcoin in the last days of 2020?
Bitcoin Records a New All-time High Price in 2020
For the second time this year and this month, Bitcoin made it to a new all-time high. This time, the top crypto made it above 20,000$, currently trading at the price of 20,544. The first all-time high was recorded at 19,800$ on the first day of December, while Coin Gecko is recording that BTC is trading 1.1% up since reaching an official ATH price at 20,361$. Moreover, all charts are showing gains, indicating that Bitcoin is set on another bull run with 12% of gains recorded for the week and over 6.2% of gains recorded in the last 24 hours.
Can Bitcoin Make It to Another ATH in 2020?
With a bit more than two weeks until the end of 2020, Bitcoin may get another chance to set more records. Especially now, when BTC is trading close to the value of 21,000$, the top crypto could head for 21k as the next price target. With the next rise, in case BTC doesn’t take a downward path from this point, BTC could surprise traders and investors with yet another ATH. In case BTC finds support at 20,000$ the crypto should have no problems with going above the price of 21,000$ in the following days and weeks.
Image credits: Cover photo taken from Andre Francois McKenzie on Unsplash