Bitcoin price has just passed the previous all-time high on Binance at $19,798 established on December 11, 2017. Minutes ago, BTC managed to reach $19,863 on Binance but hasn’t posted new all-time highs on all exchanges.
So far, there was a small rejection from the new all-time high but nothing serious as Bitcoin continues trading at $19,727.
It’s important to note that Bitcoin could be potentially still facing a double top if there is a significant rejection from this point. Bulls are simply hoping to push BTC above $20,000 and close there.
Another interesting option for the buyers would be to trade sideways for a few days between $19,000 and $20,000 before a breakout. Both options are healthy.