408: BITCOIN HITS NEW ALL-TIME HIGH!! THIS METRIC SUGGEST BTC CAN GO AS HIGH AS $590K THIS BULL RUN!!

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News

English - December 01, 2020 14:59 - 20 minutes - 10.1 MB - ★★★★ - 537 ratings
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Next Episode: 409: BITCOIN HITTING $200K BY DECEMBER IS NOW ‘CONSERVATIVE’ SAYS TOP CRYPTO ANALYST WILLY WOO!!

Bitcoin price has officially reached a new all-time high on Dec. 1 above $19,892 after nearly three years, according to data from Coinbase and Tradingview.

Despite the Thanksgiving crash last week, BTC price has managed to rebound throughout the weekend. Bitcoin then easily passed the $19,000 mark on Monday to reach its all-time high, albeit on a couple of exchanges.

There are three key trends that fueled BTC's rise from sub-$3,600 in March to over $19,892. These include the rise in institutional demand, lower selling pressure, and the resilience of Bitcoin throughout 2020.

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