Bitcoin climbs to $ 28,400 and then drops suddenly
The Christmas climbing party is briefly interrupted by a sudden crash, but Bitcoin is already looking at 30,000 US dollars.
$ 1,900 loss in minutes
As the data from Cointelegraph Markets, Coin360 and TradingView show, Bitcoin only climbed sharply on the Sunday after Christmas, only to lose large parts of the gains in just a few minutes.
After a daily profit of up to 15% was achieved, there was heavy selling pressure above the 28,000 US dollar mark. In the end, the upswing was unable to withstand this, causing the price to drop to a low of $ 26,500.
Analyst: “Record run of record runs
Since institutional investors are currently slacking off a bit, the focus is shifting even more towards private investors in order to maintain the upward trend of Bitcoin.
"The record run among the record runs has begun", as Cointelegraph Markets expert Michaël van de Poppe sums up the current situation optimistically.
In this regard, he sees the area around $ 19,500 as a possible zone for a possible return, whereby the altcoins would benefit from such a scenario.
The order book of the market-leading crypto exchange Binance suggests that the next big selling pressure is likely to arise at the $ 30,000 mark.