Objective Forex: December 2020

Wednesday, December 2, 2020

New BTC all time

New BTC all time high and end of year update

Welcome back traders, as I'm sure many of you have noticed Bitcoin (BTC) once again has reached a new all time high (On Nov 30, 2020) touching $19,864 per BTC. In our june update earlier this year we highlighted the stabilization and increased positive outlook signing a strong buy at $9,000. Those of you who engaged in this trade enjoyed up to 40%+ gains in bitcoin alone.

In addition to bitcoin other alt coins have made considerable gains since then including ETH (Etherum) and Ripple (XRP). XRP saw a massive jump up on bank collaboration news and we continue to hold this crypto in high regards for long term investing. We alerted XRP over 4 years ago! Incredible and it's becoming more and more apparent cryptos are here to stay.

As we close out this year we expect Bitcoin (BTC) to continue testing the all time high and likely break through again through the end of the year. 


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