Bitcoin (BTC) returned to record-breaking December 30 after another rebound took it above the $ 28,400 all-time high.

The BTC price is unprecedented

Data from CoinTelegraph Markets and TradingView showed that BTC / USD is addressing its existing historic high while trading on Wednesday.

In a strong overnight resurgence, Bitcoin confirmed it had no time for bears after a brief dip of $ 25,830 in the past 24 hours.

Daily profit was 7.5% at the time of writing when $ 28,560 became a reality.

BTC / USD 1-hour candle chart (Bitstamp). Source: TradingView

The move brings Bitcoin ever closer to sealing $ 30,000 as a new year-end psychological level, something that seemed next to impossible just a week ago.

Such as Cointelegraph reportedHowever, analysts still believe that a reversal could return the largest cryptocurrency to its existing support at USD 19,500.

On Tuesday, Cointelegraph Markets analyst Michaƫl van de Poppe said nonetheless marked $ 27,500 as the critical area to break through to pave the way for new record highs.

Ether price leads to profit on altcoin

The domino impact on big capitalist altcoins was clearly felt, with Ether (ETH) nearly $ 740 after a 5.5% one-day rise.

Dot (POINT) added to existing force to see 50% weekly performance approach.