Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Best Bitcoin Casinos
    • New Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Best Bitcoin Casinos
    • New Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Bitcoin Cruises Past $28K as Crypto Traders Anxiously Wait for $30K Before New Year

Bitcoin Cruises Past $28K as Crypto Traders Anxiously Wait for $30K Before New Year

Kelly Cromley by Kelly Cromley
Dec 30, 2020
in Bitcoin News, Market News, News
Reading Time: 2 mins read
0

Bitcoin (BTC) hogged the headlines once again by recording another all-time high of $28,601.89 today. Data provided by Coingecko.com indicates that the numero uno crypto gained around 8% to reach the level.

At the time of writing this article, Bitcoin was trading at $27,863.01, reflecting a gain of 3.8% in 24 hours. The crypto commands a market cap of $518.93 billion.

RelatedPosts

Nigeria Charts Blockchain Future With Inclusive National Policy

Brave Introduces .brave Domains to Advance Web3 Browsing

Cardano and LW3 Pioneer Blockchain Passports for Products

TRON Blockchain Surpasses $75B USDT Mark, Cements Stablecoin Dominance

With the strong rebound, Bitcoin has stunned bears who were forecasting price correction in the days ahead. Specifically, bear operators were rejoicing when Bitcoin hit a low of $25,830 in the last 24 hours.

The uptrend has pushed Bitcoin closer to $30,000 level, a fresh psychological level, which bulls want the king of crypto to breach before the end of 2020. Such a scenario seemed to be virtually impossible a week back.

Nevertheless, analysts have cautioned that a retracement could push the price to about $19,500, where the major support exists. Michaël van de Poppe, analyst at Cointelegraph Markets, has underlined that Bitcoin needs to stay above the crucial level of $27,500 in order to break above $30,000.

As Bitcoin cruised to new highs, altcoins followed suit, with Ether (ETH) hitting $740, reflecting a gain of 5.5% in 24 hours. At the time of writing this article, Ether was trading at $730. Interestingly, Polkadot (DOT) has gained 13.2% to trade at $7.33. Over the past one week, Polkadot has appreciated over 42.5%.

Well, a lower timeframe chart analysis on the recent movements of #Bitcoin.

The downtrend for now, crucial breaker at $27,000-27,500. If that breaks -> new all-time highs.

Support is looking heavy as it has been tested a few times.

Next area around $24,500 if $26,000 is lost. pic.twitter.com/vZMmiIw5wV

— Michaël van de Poppe (@CryptoMichNL) December 29, 2020


Previous Post

New York Regulator Issues License to First Yen Pegged Stablecoin Promoter

Next Post

Polkadot Surges as Binance Sets Aside $10mln for Polkadot Based Projects

Related Posts

nigeria charts blockchain future with inclusive national policy

Nigeria Charts Blockchain Future With Inclusive National Policy

by Kelly Cromley
May 21, 2025
0

The Federal Ministry of Communications, Innovation and Digital Economy has officially released a Whitepaper outlining Nigeria’s National Blockchain Policy, marking...

brave introduces .brave domains to advance web3 browsing

Brave Introduces .brave Domains to Advance Web3 Browsing

by Kelly Cromley
May 21, 2025
0

In a move that underscores its commitment to privacy and decentralized web technology, Brave Browser has unveiled a blockchain-native domain...

cardano and lw3 pioneer blockchain passports for products

Cardano and LW3 Pioneer Blockchain Passports for Products

by Kelly Cromley
May 21, 2025
0

The Cardano Foundation has unveiled a strategic partnership through its Cardano Venture Hub, joining forces with Web3 company LW3 to...

tron blockchain surpasses $75b usdt mark, cements stablecoin dominance

TRON Blockchain Surpasses $75B USDT Mark, Cements Stablecoin Dominance

by Kelly Cromley
May 21, 2025
0

TRON DAO has achieved a significant benchmark in the global stablecoin market by announcing that the circulating supply of Tether...

bsv association taps binarii labs for secure blockchain communications

BSV Association Taps Binarii Labs for Secure Blockchain Communications

by Kelly Cromley
May 21, 2025
0

The BSV Association, recognized for leading global advancements in the BSV Blockchain, has announced its decision to appoint Binarii Labs...

magic square and funtico unite to boost web3 gaming

Magic Square and Funtico Unite to Boost Web3 Gaming

by Kelly Cromley
May 21, 2025
0

Magic Square has revealed a strategic partnership with Funtico, a rapidly growing player in the blockchain gaming space. This collaboration...

Next Post
Polkadot Surges as Binance Sets Aside $10mln for Polkadot Based Projects

Polkadot Surges as Binance Sets Aside $10mln for Polkadot Based Projects

  • blackrock invests in colle web3

    COLLE: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • XRP Ledger Embraces Precious Metal-Backed Stablecoins with Meld Gold Partnership

    by Kelly Cromley
    Oct 2, 2024

Recent News

nigeria charts blockchain future with inclusive national policy
Market News

Nigeria Charts Blockchain Future With Inclusive National Policy

by Kelly Cromley
May 21, 2025
brave introduces .brave domains to advance web3 browsing
Market News

Brave Introduces .brave Domains to Advance Web3 Browsing

by Kelly Cromley
May 21, 2025
cardano and lw3 pioneer blockchain passports for products
Market News

Cardano and LW3 Pioneer Blockchain Passports for Products

by Kelly Cromley
May 21, 2025
tron blockchain surpasses $75b usdt mark, cements stablecoin dominance
Market News

TRON Blockchain Surpasses $75B USDT Mark, Cements Stablecoin Dominance

by Kelly Cromley
May 21, 2025
bsv association taps binarii labs for secure blockchain communications
Market News

BSV Association Taps Binarii Labs for Secure Blockchain Communications

by Kelly Cromley
May 21, 2025

Categories

  • Altcoin News
  • Analysis News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market News
  • News
  • Ripple News
  • Solana News

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Best Bitcoin Casinos
    • New Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree