Altseason and $30K in sight: 5 things to watch in Bitcoin as 2020 ends

Cointelegraph

Published Dec 28, 2020 03:06AM ET

Updated Dec 28, 2020 04:40AM ET

Bitcoin (BTC) has had a week like no other, hitting fresh record highs of $28,400 and staying near the top — what's next.

As markets return to digest a wild Christmas, Cointelegraph presents five factors set to help with Bitcoin price direction this week.

XAU/USD daily candle chart. Source: TradingView
BTC/USD hourly candle chart. Source: TradingView
ETH and BTC vs. USD performance YTD. Source: Digital Assets Data
CME Bitcoin futures chart showing gap. Source: TradingView
Bitcoin stock-to-flow chart. Source: Digitalik

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