Is Bitcoin Heading for a New All-time High?

The Bitcoin (BTC) bulls chased $24,000 twice yesterday, December 23, 2020. BTC is currently facing strong selling pressure, with BTC’s all-time high (ATH) only a few hundred dollars away. Technical indicators show Bitcoin is capable of conquering new ATH, and it kept trying to crack the resistance at $24,000 daily. In the event of a major correction in its price, Bitcoin can count on daily supports which have risen well in recent days, especially the institutional interest.

A decompressed market...

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Published on December 24, 2020 06:45
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Mohith Agadi
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