Bitcoin
BTC$68 936.57

-0.14%

Ethereum
ETH$2 464.81

-0.38%

Tether
USDT$0.999490

-0.02%

Binance Coin
BNB$559.05

-1.20%

Solana
SOL$162.90

-0.83%

USD Coin
USDC$1.000091

0%

Bitcoin price drops to $22.4K after weekend all-time highs


21 Dec 2020

#Bitcoin

BTC dips below an essential level to preserve upside chances with volatility reappearing in Monday trading. Bitcoin (BTC) lost $23,000 support on Dec. 21 as Monday trading saw a long-awaited correction begin to take shape. The move comes as U.S. futures also dropped in pre-market hours by roughly 2.5% on concerns over the new coronavirus strain in the U.K. 

BTC price falls to $22,400


Data from Cointelegraph Markets and TradingView showed BTC/USD hitting lows of $22,410 at press time, with 24-hour losses totaling around 3.3%. The move confirms suspicions among analysts that Bitcoin is due for a retracement after a week of near-constant gains. Traders are now eyeing $20,000, which orderbook data paints as a potentially formidable support level.

At the start of last week, the largest cryptocurrency was still at under $19,500, a level which Cointelegraph Markets analyst Michaël van de Poppe believes could now form a short-term price target. $22,800, he added in comments over the weekend, forms a crucial area to hold in order to preserve the prospects of further upside.

Altcoins feel the pain


Major altcoin tokens saw a swift knock-on effect from Bitcoin's losses, with leader Ether (ETH) seeing a 6% daily dive.

Source


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 80.8% 37 $68 936.57 -0.14% 1.86% $1 363 382 802 810 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 85.6% 19 $2 464.81 -0.38% -1.04% $296 800 010 036 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.2% 1 $0.999490 -0.02% 0.06% $120 515 283 639 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 94.4% 3 $559.05 -1.20% -4.74% $80 558 709 894 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 68.4% 62 $162.90 -0.83% -7.16% $76 693 939 011 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 93.2% 1 $1.000091 0% 0% $34 896 136 023 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 91.6% 6 $0.506338 -0.34% -1.54% $28 794 766 739 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 62.8% 75 $0.151887 -3.16% 7.10% $22 273 350 128 DOGE 7 days price change
9 TRON (TRX) TRX TRON predictions 90.8% 3 $0.165000 -0.20% 0.87% $14 264 557 271 TRX 7 days price change
10 Toncoin (TON) TON Toncoin predictions 86.8% 14 $4.85 -0.02% -2.13% $12 331 475 288 TON 7 days price change
11 Cardano (ADA) ADA Cardano predictions 88.8% 9 $0.334545 -3.17% -0.97% $11 707 414 451 ADA 7 days price change
12 Lido stETH (STETH) STETH Lido stETH predictions 96% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
13 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 90.8% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change
14 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 90.8% 1 $65 806.83 0.78% -2.68% $10 083 957 608 WBTC 7 days price change
15 SHIBA INU (SHIB) SHIB SHIBA INU predictions 82.8% 30 $0.000017 -1.58% -0.35% $9 998 232 158 SHIB 7 days price change

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