Bitcoin eyes $20,000 again.Bitcoin touched new all-time highs just weeks ago. Then, we saw a pullback into the mid-high $17,000s. The world\u2019s largest cryptocurrency has now steadied and is rallying back toward all-time highs.As of writing, the price of bitcoin is $19,182.Bitcoin is down just 0.19% in the last 24 hoursBitcoin is up about 0.65% in the last weekBitcoin is up roughly 19.28% in the last monthBitcoin broke through key resistance around the $18,500 level this past week. It remains on a steady, upward trajectory.All signs favor the bulls.Many consider $20,000 the price to watch yet again and new all-time highs could be coming before the end of 2020. It\u2019s already been quite a year for bitcoin and it\u2019s not over yet.Subscribe to The Bitcoin Binge Letter \u2014 a free weekly emailBack in week 46, we mentioned key support between $14,000\u201316,000. Bitcoin seems to have left those levels in the dust.While another push above $20,000 feels more and more possible, we cannot yet discount a larger pullback than the recent slide into the $17,000s.December is a pivotal month for bitcoin. A strong close to the month would cap off an incredible year for the world\u2019s largest cryptocurrency.This year, we saw a halving event, a global pandemic, and a massive increase in retail and institutional adoption of bitcoin.If bitcoin can close out 2020 above $20,000, we have to start taking higher price predictions seriously. Earlier this month, OKCoin CEO Hong Fang called for a $100,000 bitcoin within the next twelve months. She\u2019s not alone in her $100,000 bitcoin prediction.Several analysts at major banks, along with crypto traders such as Willy Woo, PlanB, and others like Anthony Pompliano, have all called for a bitcoin price between $100,000\u2013300,000 by the end of 2021.Subscribe to The Bitcoin Binge Letter \u2014 a free weekly emailMassMutual\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Bitcoin eyes $20,000 again.Bitcoin touched new all-time highs just weeks ago. Then, we saw a pullback into the mid-high $17,000s. The world\u2019s largest cryptocurrency has now [\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\/zh\/wp-json\/wp\/v2\/posts\/2990"}],"collection":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/comments?post=2990"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/2990\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/media?parent=2990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/categories?post=2990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/tags?post=2990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}