BTC price taps $17K as analysis warns of inbound Bitcoin ‘risk events’

BTC price taps $17K as analysis warns of inbound Bitcoin ‘risk events’

Bitcoin (BTC) briefly returned to $17,000 into Nov. 30 as monthly close volatility loomed.

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

Trader: $17,500 monthly close “most bullish outcome”

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD following traders’ predictions to sweep higher levels before consolidating.

Highs of $17,072 appeared on Bitstamp, with the pair nonetheless unable to flip the highs to support. At the time of writing, Bitcoin hovered…


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