Bitcoin is falling very fast and rising very fast. Today it goes up to $1,000 in one day. Bitcoin is at a price above $19,000 which is quite interesting, so whatever it is. Maybe it will PUMP on this Christmas or New Year.
The problem is that the $20,000 level is proving to be too hard to breach. At least three times during last month and this month, we had exchange rates higher than $19.5K. But eventually the prices could not breach past the resistance level at $20,000 per coin and they fell back to sub-19K levels. At least for the remainder of the year, I am not expecting any miracles. We may have to wait until 2021 for the next bull rally.
The most intriguing question right now is whether Bitcoin will be able to break its previous record of $ 20,000 this year. After the recent, already the second in the last month, correction, we have already begun to accept that this will not happen. However, bitcoin began to rise in value again yesterday and today once again overcame the price of $ 19,000. There are several weeks before the New Year, and so far the chances of this remain.