Path to $20K Bitcoin price now wide open after previous resistance breaks

Bitcoin (BTC) hit new highs in excess of $18,750 on Nov. 20 as its latest extended bull run continued to delight investors.

BTC price inches closer to all-time highs

Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD climb swiftly after reclaiming $18,000, taking out its previous high of $18,420 to continue rising.

At press time, local highs of $18,817 took Bitcoin to within $1,250 of its all-time highs from December 2017.

BTC/USD 1-hour chart. Source: Tradingview

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