{"id":33723,"date":"2020-12-21T13:52:01","date_gmt":"2020-12-21T11:52:01","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=33723"},"modified":"2025-08-28T15:18:24","modified_gmt":"2025-08-28T12:18:24","slug":"bitcoin-price-falls-below-23000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-price-falls-below-23000\/","title":{"rendered":"Bitcoin price falls below $23,000"},"content":{"rendered":"<p>Bitcoin&#8217;s price pulled back to around $22,500 after hitting resistance near $24,000.<!--more--><\/p>\n<p>The decline was accompanied by a sharp rise in trading volume. Shortly before the correction, digital gold <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-price-hits-a-new-all-time-high-above-24000\">reached an all-time high<\/a>.<\/p>\n<div id=\"attachment_120158\" style=\"width: 1607px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-120158\" class=\"size-full wp-image-120158\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/30-1.png\" alt=\"\u0426\u0435\u043d\u0430 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430 \u0443\u043f\u0430\u043b\u0430 \u043d\u0438\u0436\u0435 \u043e\u0442\u043c\u0435\u0442\u043a\u0438 $23 000\" width=\"1597\" height=\"808\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/30-1.png 1597w, https:\/\/u1f987.com\/wp-content\/uploads\/30-1-300x152.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/30-1-1024x518.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/30-1-768x389.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/30-1-1536x777.png 1536w\" sizes=\"auto, (max-width: 1597px) 100vw, 1597px\" \/><\/p>\n<p id=\"caption-attachment-120158\" class=\"wp-caption-text\">30-minute BTC\/USD chart from Bitstamp on TradingView.<\/p>\n<\/div>\n<p>Over the course of a few hours, long bitcoin positions were liquidated for almost half a million dollars.<\/p>\n<p><script async src=\"https:\/\/telegram.org\/js\/telegram-widget.js?14\" data-telegram-post=\"forklog\/16636\" data-width=\"100%\"><\/script><\/p>\n<p>According to journalist Joseph Young, sell walls formed at $24,200 and $24,500.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">If any brave soul is trading this range, $24.2k and $24.5k are strong sell Bitcoin walls on Bitfinex.<\/p>\n<p>Beware of high volatility like last night.<\/p>\n<p>$23k big support on heatmaps.<\/p>\n<p>This rally to $24.2k would be 3rd test, which historically breaks. Still, be wary. <a href=\"https:\/\/t.co\/C0Pu88im6Y\">pic.twitter.com\/C0Pu88im6Y<\/a><\/p>\n<p>\u2014 Joseph Young (@iamjosephyoung) <a href=\"https:\/\/twitter.com\/iamjosephyoung\/status\/1340922333347778560?ref_src=twsrc%5Etfw\">December 21, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Some users expressed hope that the so-called &#8216;altseason&#8217; would arrive soon.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83d\ude80 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> \ud83e\udd1d alts \ud83d\ude80 <a href=\"https:\/\/t.co\/PO8sakmoU4\">pic.twitter.com\/PO8sakmoU4<\/a><\/p>\n<p>\u2014 CRYPTO\u20bfIRB (@crypto_birb) <a href=\"https:\/\/twitter.com\/crypto_birb\/status\/1340949378924748802?ref_src=twsrc%5Etfw\">December 21, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As of writing, the top ten crypto assets look like this:<\/p>\n<div id=\"attachment_120156\" style=\"width: 1288px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-120156\" class=\"size-full wp-image-120156\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/CoinGecko-6.png\" alt=\"\u0426\u0435\u043d\u0430 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430 \u0443\u043f\u0430\u043b\u0430 \u043d\u0438\u0436\u0435 \u043e\u0442\u043c\u0435\u0442\u043a\u0438 $23 000\" width=\"1278\" height=\"323\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/CoinGecko-6.png 1278w, https:\/\/u1f987.com\/wp-content\/uploads\/CoinGecko-6-300x76.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/CoinGecko-6-1024x259.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/CoinGecko-6-768x194.png 768w\" sizes=\"auto, (max-width: 1278px) 100vw, 1278px\" \/><\/p>\n<p id=\"caption-attachment-120156\" class=\"wp-caption-text\">Data: CoinGecko.<\/p>\n<\/div>\n<p>Gold prices fell in tandem with Bitcoin and altcoins.<\/p>\n<div id=\"attachment_120157\" style=\"width: 610px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-120157\" class=\"size-full wp-image-120157\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/XAU-1.png\" alt=\"\u0426\u0435\u043d\u0430 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430 \u0443\u043f\u0430\u043b\u0430 \u043d\u0438\u0436\u0435 \u043e\u0442\u043c\u0435\u0442\u043a\u0438 $23 000\" width=\"600\" height=\"708\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/XAU-1.png 600w, https:\/\/u1f987.com\/wp-content\/uploads\/XAU-1-254x300.png 254w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p id=\"caption-attachment-120157\" class=\"wp-caption-text\">Data: Investing.com.<\/p>\n<\/div>\n<p>The S&#038;P 500 slipped in the short term, but soon recovered against the backdrop of <a href=\"https:\/\/u1f987.com\/en\/news\/us-congress-approves-900-billion-economic-stimulus-package\">news of further stimulus measures in the United States<\/a>.<\/p>\n<p>Earlier, trader Nikita Semov <a href=\"https:\/\/u1f987.com\/en\/news\/trader-outlines-the-odds-of-a-short-term-bitcoin-correction\">predicted<\/a> a short-term correction in Bitcoin.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forkloglive\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog FEED<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8217;s price corrected to around $22,500 after hitting resistance near $24,000.<\/p>\n","protected":false},"author":1,"featured_media":33724,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480],"class_list":["post-33723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=33723"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33723\/revisions"}],"predecessor-version":[{"id":33725,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33723\/revisions\/33725"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/33724"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=33723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=33723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=33723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}