The price has been inching up on Coinbase steadily the last 2-3 days. It is now on the cusp of 20K. The question is, will it have the power to push through that mark and maintain that level.
The likelihood is that a lot of people have sell orders at $20,000 and that could push the price back down. Effectively acting as an artificial barrier.
A counter point is that the 10K mark didn’t act as a barrier but more of a speed bump for a day or two. Looking forward to finding out what everyone thinks and what the market hold.