Bitcoin Price Prediction: BTC/USD Reclaims $28,000 Price Lev

Bitcoin Price Prediction: BTC/USD Reclaims $28,000 Price Level, Eyes the $30000 High


Bitcoin Price Prediction: BTC/USD Reclaims $28,000 Price Level, Eyes the $30000 High
Bitcoin (BTC) Price Prediction – December 30, 2020
BTC/USD price rallies to $28,587 but faces rejection at the recent high. The crypto now fluctuates between $26,200 and $28,000. In the last 24 hours, the bulls have been attempting to break the resistance at $28,000 to facilitate the resumption of upside momentum.
Resistance Levels: $28,000, $29,000, $30,000
Support Levels: $18,000, $19,000, $20,000
BTC/USD – Daily Chart
Bitcoin rally to $28,587 was as a result of the breaking of $24,000 resistance. BTC price was in a downward correction for over a week before the breaking of $24,000 resistance. Initially, the rally was to be above $25,000 high but the bullish momentum was powerful to reach $28,500 high. Bitcoin has retraced for further upside momentum.

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