Bitcoin (BTC) reached a new psychological milestone on January 2, when the new year began in the best way for hodlers.
BTC price wastes no time in 2021
Data from Cointelegraph Markets, Coin360 and TradingView showed BTC / USD earning $ 30,000 during trading on Friday.
After hitting new highs of $ 29,700 overnight, the pair showed no signs of weakness, testing the level again several times before a final break occurred.
The area immediately below $ 30,000 has proven to be a source of intense selling pressure over the past few days, a configuration similar to the one Bitcoin stopped at $ 20,000 weeks ago.
“If you’re looking for a long-term entry into HODL Bitcoin, don’t make money and money with an entry. You won’t worry about a few thousand dollars in non-perfect entries when they are $ 100k, $ 200k, $ 300k in one year , “popular statistician Willy Woo summarized on Friday.
“The main bullish phase is here. Capital inflows have gone crazy.”
Mixed reactions for altcoins
Among the major altcoins, performance on the day was mixed, with Ether (ETH) remaining stable below $ 740, despite Bitcoin’s latest advances.
Others also saw initial problems, including Polkadot (DOT), which fell 6.3% to undermine its still strong weekly performance of gains of 60%. A curious factor was XRP, which despite the pressure of lawsuits against Ripple remained stable at $ 0.23, after a 7% improvement on Friday.