The price of Bitcoin reclaimed $18,000 but traders remain cautious of a weekend bull trap.
The price of Bitcoin must now reclaim the $18,000 level for a chance to resume November’s bullish trend.
Bitcoin fell to as low as $16,334 across major exchanges as cascading liquidations caused massive volatility.
Bitcoin is nearing its all-time high but there is one remaining resistance area that buyers must push through.
Nov. 24 generates the second highest daily price ever for Bitcoin, with November already its best month in terms of dollar gains.
USD weakness combines with a Bitcoin supply and demand conundrum as BTC/USD takes aim at $19,000.
Bitcoin price has lost the $18,000 support level but several whale clusters below suggest that the dip will get aggressively bought up.
Bitcoin price has impressively held the $17,200 support level, putting its all-time high once again within reach.
Alameda Research’s Sam Trabucco pinpoints four main factors that are pushing the price of Bitcoin toward its all-time high.
Bitcoin can pass its $20,000 all-time highs within weeks, says Alex Saunders, while Ether only needs a year to beat its own record.