Why the bitcoin price has produced a new all-time high
December 27, 2020
Many investors probably looked a bit incredulous when Bitcoin revisited the $20,000 mark in December 2020. BTC took a total of 3 years to revisit the old all-time high, and it only took a few days to reach a new all-time high.
Right now, the bitcoin price is in a correction after a fabulous rise to just over $24,000. But how did this happen and why did it take so long? In today's article, we get to the bottom of what led to this price rally in recent weeks.