Bitcoin
BTC$65 050.15

-2.08%

Ethereum
ETH$3 405.15

-5.63%

Tether
USDT$1.000085

0.08%

Binance Coin
BNB$586.04

-3.53%

Solana
SOL$132.95

-10.70%

USD Coin
USDC$1.000242

0.02%

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


Related

NordFX Copy Trading: A Comprehensive Guide to Maximizing Profits
NordFX Copy Trading: A Comprehensive Guide to Maximizing Profits
Tips to Choose the Right Second Citizenship Program
Tips to Choose the Right Second Citizenship Program
Bitcoin’s continued slide down
Bitcoin’s continued slide down
A new round of crypto market mistrust
A new round of crypto market mistrust
Bitcoin holds its range, but pressure mounts
Bitcoin holds its range, but pressure mounts
Bitcoin unlikely to end correction
Bitcoin unlikely to end correction
Bitcoin looks set to take a severe dive
Bitcoin looks set to take a severe dive
Bitcoin set for a deeper correction
Bitcoin set for a deeper correction
Bitcoin falls under pressure
Bitcoin falls under pressure

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 89.2% 15 $65 050.15 -2.08% -5.31% $1 282 381 498 798 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 83.2% 23 $3 405.15 -5.63% -6.09% $416 371 407 438 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.2% 1 $1.000085 0.08% 0.03% $112 562 166 877 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 83.2% 25 $586.04 -3.53% -5.32% $86 490 719 528 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 76.8% 40 $132.95 -10.70% -15.37% $61 396 036 364 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 91.6% 3 $1.000242 0.02% 0.01% $32 548 547 004 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 83.2% 31 $0.482647 -0.76% -0.88% $26 820 915 414 XRP 7 days price change
8 Toncoin (TON) TON Toncoin predictions 68% 67 $7.35 -7.80% 3.60% $17 922 555 725 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 67.2% 61 $0.118312 -13.25% -16.41% $17 126 164 916 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 79.2% 40 $0.369609 -10.94% -15.02% $13 207 774 437 ADA 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 57.2% 94 $0.000018 -14.70% -21.16% $10 404 166 604 SHIB 7 days price change
12 Lido stETH (STETH) STETH Lido stETH predictions 93.2% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
13 Avalanche (AVAX) AVAX Avalanche predictions 68.8% 58 $26.01 -12.71% -18.07% $10 232 271 315 AVAX 7 days price change
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 88.4% 9 $0.114599 -2.57% -2.46% $10 018 572 668 WTRX 7 days price change
15 TRON (TRX) TRX TRON predictions 92.8% 9 $0.114477 -2.91% -2.55% $9 990 678 307 TRX 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2024 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.