Bitcoin price reaches $ 30,000 milestone for the first time ever

Bitcoin (BTC) hit a fresh psychological beacon on January 2 when the new year for hodlers began.

BTC / USD weekly Christmas card (Coinbase). Source: Tradingview

BTC price wastes no time in 2021

Data from Cointelegraph Markets, Coin360 and TradingView showed that BTC / USD clinched $ 30,000 during trading on Friday.

After reaching two new highs of $ 29,700 overnight, they showed no signs of weakness, and tested the level several times before a final outbreak occurred.

The area immediately below $ 30,000 has proven a source of intense selling pressure over the past few days, a similar setup as Bitcoin disrupted at $ 20,000 just a few weeks ago.

“If you’re looking for a long term subscription of HODL Bitcoin, do not make a subscription nickel and less. You are not going to sweat a few thousand dollars’ imperfect subscription if it is $ 100k, $ 200k, $ 300k in a year, “popular statistician Willy Woo Friday summarized.

“The most important bull phase is here. Capital inflows have passed.”

Mixed reactions for altcoins

Among the major altcoins, performance on the day was mixed, with Ether (ETH) falling below $ 740, despite the latest advances in Bitcoin.