Many investors felt certain that bitcoin was revving up for a clear break of $20,000 on its first attempt but those dreams were quickly dashed with sellers rejecting the advance.Despite these feelings of disappointment, bitcoin bulls should take pride in the fact that the king cryptocurrency has outperformed the market’s S&P 500 benchmark by a wide margin in 2020.Now that new record highs have officially posted in bitcoin valuations, it's clear we've reached escape velocity and we expect the positive momentum to continue through 2021.
