The market-leading cryptocurrency heralds the new year by jumping over another major hurdle.
Bitcoin Formula starts the new year with a big bang, because on January 2nd, the market-leading crypto currency was able to crack the next psychologically important hurdle.
With a swing into the new year
As the data from Cointelegraph Markets , Coin360 and TradingView show, Bitcoin has now climbed above the 30,000 US dollar mark.
After a new record high of 29,700 US dollars was initially recorded that night, Bitcoin did not let up, whereupon, after several attempts, the next big hurdle was finally jumped.
The area below the 30,000 US dollar mark had recently shown itself to be fierce resistance, as the market-leading crypto currency has repeatedly faced strong selling pressure here in the past few days. A similar scenario had already played out a few weeks ago at the US $ 20,000 mark.
„If you’re waiting for an entry point to hold Bitcoin long-term, don’t be stingy now. A few thousand dollars more or less after not going to hurt you if it comes up in a year up to 100,000, 200,000 or $ 300,000, „as Willy Woo the current situation summarizing . To this end, he adds:
„The big flight is finally here, the inflow of capital is crazy.“
Altcoins neither fish nor meat
The big altcoins, meanwhile, give a very mixed picture, with Ether ( ETH ) not being dragged along by Bitcoin, but remaining just below 740 US dollars.
For Polkadot ( DOT ) it even went down 6.3%, which only slightly clouded the strong weekly gain of 60%.
The price movements of XRP , on the other hand, are surprisingly strong, because despite the SEC lawsuit against the XRP publisher Ripple, the cryptocurrency can hold itself at 0.23 US dollars after a 7% gain on Friday.