During the rapid recovery on November 30, the bitcoin rate rose to the highest level in the history of the first cryptocurrency.
On Monday, the price of BTC rose from $18,250 to a record high of $19,865, and then quickly fell to $19,500.After a slight pullback, the bulls tried to repeat the success several times, but failed to raise the rate above $19,750.At press time, bitcoin is trading at $19521 with a daily gain of 5.6%.
Experts believe that the achievement of an all-time high is due to high activityretail investors, though the initial bullish momentum came from larger players.They also note a significant inflow of assets into crypto-exchange trading accounts after the VTS rate fell to $16,400 as a result of the correction.
In addition, the positive impact on the cryptocurrency market as a wholehigh interest in derivatives on the airwaves (ETN), which is still well below its historic high of $1432.
According to the forecasts of leading analysts, by the end of the year bitcoin should have time to rise above $20 thousand.
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