Bitcoin

The price of Bitcoin (BTC) dropped sharply after approaching $18,500 on Binance and Coinbase. The plunge took place as large sell orders were spotted on both spot and futures exchanges. BTC/USD 15 minute chart. Source: TradingView.com As Cointelegraph previously reported, traders anticipated a pullback as the price of BTC neared the $18,000 to $19,000 resistance zone. Upon its first retest of the area in nearly three years, the market saw a strong reaction. Bitcoin confirms $18.5k as a key… Source link

Bitcoin (BTC) just set another 2020 high by rallying above $18,000 for the first time in three years. On Nov. 17 BTC price rallied to $17,858 after a high volume surge pushed the price cleanly through the $17,100 to $17,300 range that many analysts believed would be a strong resistance level. According to Decentrader co-founder, filbfilb, Bitcoin price could continue to march higher in the short-term if key underlying supports hold. BTC/USD daily chart. Source: TradingView The popular analyst… Source link

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Bitcoin, after climbing steadily since early September, has suddenly leaped higher—jumping toward its all-time highs of around $20,000 per bitcoin set in late 2017. The bitcoin price is up around 10% over the last three days, soaring toward $18,000 even as the recent equity market rally stalls. However, some have warned a bitcoin price correction might be just around the corner—with one bitcoin price analytics company predicting bitcoin could soon fall back to just $14,000. MORE FROM… Source link

Text size Dreamstime Bitcoin jumped above $17,500 on Tuesday, closing in on its all-time highs. The cryptocurrency is benefiting as big money starts to jump in… Source link

The world’s most prominent digital currency on Tuesday is back to carving out records just like it was 2017. The No. 1 crypto’s nearly 8% weekly rise and 30% gain so far in November has helped the asset hit a market value of around $328 billion, according to digital-currency data site CoinMarketCap. That level surpasses the roughly $322.7 billion value that bitcoin hit on Dec. 17 when its price was nearly $20,000 (see chart). … Source link

Bitcoin price is steamrolling toward $18,000, and excited traders are calling for the top-ranked digital asset to overtake the 2017 all-time high at $19,763. Unless you’re a bear, reaching a new all-time high is great. But ideally, for a sustainable rally to maintain its pace, a staircase uptrend is more beneficial than a sudden upward climb. In recent weeks, BTC has continuously surged higher without prolonged consolidation periods or any major dips. BTC/USD daily chart. Source:… Source link

Bitcoin tops $17,000 for the first time in nearly three years. Bitcoin reached $17,000 for the first time since just after the burst of the cryptocurrency bubble almost three years ago. The largest digital coin, which has more than doubled this year, surged as much as 6.2% to $17,732 on Tuesday in New York trading. From an all-time high in December 2017 of nearly $20,000, Bitcoin tumbled to as low as $3,136 within a year. “Demand for more diverse, stable products that take less risk is… Source link

The price of Bitcoin (BTC) exceeded $17,400 in a strong intraday rally. On Coinbase, BTC even came close to the $17,700 mark, setting a new two-year high. As BTC glides through the multiyear resistance above $17,000, analysts are divided on its short-term outlook. Some say that BTC is primed for a pullback as whale deposits begin increasing. Others believe there is little resistance until $20,000 and that an all-time high is likely before the next deep correction. The momentum of Bitcoin in… Source link

getty Bitcoin just went through $17,000 and is now within striking distance of its all-time high around $20,000. Like all success, Bitcoin’s rise has many fathers. There is trouble: Covid; Hong Kong; change of government in the U.S. and Chinese tech oligarchs under fire at home/the Ant Group IPO debacle. There is a wildly held belief that an inflationary comeuppance set off by all the Covid bailouts is on its way. The “halvening,” which occurred earlier this… Source link