Constant bitcoin upswings close out 2020.Bitcoin is in price discovery mode.The price touched all time highs most days thus far in the final two weeks of 2020. It\u2019s hard to keep up with the constant price action.Crypto Twitter is a buzz with memes about when to stop noting $1,000 upswings. They\u2019ve become commonplace. If you\u2019re not a trader, it could be best to simply ignore the price for a while.As of writing, the price of bitcoin is $26,796.Bitcoin is down about 3% in the last 24 hoursBitcoin is up almost 18% in the last weekBitcoin is up about 51% in the last monthWe\u2019re seeing notable moves between $26,000\u201327,000.Bitcoin surged to a high of $28,338 on some exchanges. Now, it\u2019s looking for a place to land.If bitcoin can push past $27,000 with conviction, we could see another test of $28,000. Otherwise, look for it to find support lower.Previous resistance or support could still exist around the entry points of recent institutional buys \u2014 between $20,000\u201325,000.$20,000 is a big drop from where we are but it wasn\u2019t that long ago that bitcoin reclaimed that critical price point.We also noted potential support at $22,000 last week.Where bitcoin goes from here will reveal whether or not any of these prior support levels can hold or if they turn out to be actual resistance.Want more content like this? Sign up for my newsletter.As bitcoin hits new highs, is Ethereum up next?The world\u2019s second largest cryptocurrency by market cap broke the $700 barrier this weekend. After bouncing between $550\u2013650, ethereum pushed well above $700. It\u2019s surged as much as 20% in recent days.The successful launch of Ethereum 2.0, combined with the flow of money into the cryptocurrency space, is propelling the price upward.Ethereum is still roughly half of its all time high.That\u2019s the million dollar question.\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Constant bitcoin upswings close out 2020.Bitcoin is in price discovery mode.The price touched all time highs most days thus far in the final two weeks of [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts\/3094"}],"collection":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/comments?post=3094"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts\/3094\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/media?parent=3094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/categories?post=3094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/tags?post=3094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}