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Bitcoin (BTC) hit a new psychological milestone on January 2 as the new year started off on a good start for hodlers.
BTC price is wasting no time in 2021
Data from Cointelegraph Markets, Coin360 and TradingView showed that BTC / USD was winning $ 30,000 when trading on Friday.
After hitting new all-time highs of $ 29,700 overnight, the pair showed no signs of weakness, re-testing the level several times before a final breakout occurred.
The area immediately below $ 30,000 had proven to be a source of intense selling pressure over the past few days, a pattern similar to the one Bitcoin disrupted at $ 20,000 just a few weeks ago.
“If you’re looking for a long-term HODL Bitcoin entry, don’t nickelate an entry. You’re not going to sweat a few thousand dollars of non-perfect entry when it’s $ 100,000, $ 200,000, $ 300,000 in one year, “popular statistician Willy woo summary Friday.
“The main bullish phase has arrived. Capital inflows have gone crazy.”
Mixed reactions to altcoins
Among the major altcoins, the day’s performance was mixed, with Ether (ETH) remaining stable below $ 740 despite Bitcoin’s latest advances.
Others also experienced start-up issues, including Polkadot (DOT), which fell 6.3% to kick off its still strong weekly performance of 60%.
XRP, which despite pressure from legal action against Ripple, was flat at $ 0.23 after improving 7% on Friday.
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