Bitcoin price hits 1-week high in minutes on sudden .5K gains

Bitcoin price hits 1-week high in minutes on sudden $1.5K gains

Bitcoin (BTC) abruptly hit one-week highs on Nov. 2 after days of sideways action ended in a brief but strong breakout.

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

Upside action returns to BTC/USD

Data from Cointelegraph Markets Pro and TradingView followed sudden volatility on BTC/USD as it gained over $1,500 in minutes.

At the time of writing, $63,400 formed a focus amid the pair’s highest levels since Oct. 25.


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