Bitcoin flattened $18,000 on Nov. 18 as the largest cryptocurrency’s 2020 bull run continued to wow spectators. Data from price trackers including CoinMarketCap saw Bitcoin abruptly charge through the $18,000 wall overnight on Tuesday, reaching $18,420 before reversing.
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Markets Report: Bitcoin hits $17,000 amid forecasts that All-Time Highs are next
$1,000 of gains in a single day mimic Bitcoin’s 2017 bull run in style but not substance, analysts say as price barriers tumble
Bitcoin gained over $1,000 to surge to more than $17,000 on November 17 as a night of steady trading culminated in a fresh uptick. Data from price trackers including CoinMarketCap showed Bitcoin reclaiming yet another milestone price level on Tuesday, with bulls firmly shaking off the weekend’s wobble.
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Markets Report: Bitcoin Rebounds to $15.5K After Heavy Weekend Volatility
A brief dump to $14,400 does not last long for Bitcoin, which subsequently recovered almost all of its losses as the week began
Bitcoin starts a new week in a volatile state as the world wakes up to a new U.S. president—what lies in store for cryptocurrency markets? The weekend proved to be a cap on Bitcoin’s rapid gains from the previous week. As Modern Consensus reported, the largest cryptocurrency kept rocketing upwards, passing $15,000 on Friday and going to hit $15,950—its highest since January 2018.
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MARKETS REPORT This Week in Bitcoin: Stocks and gold spark battle of bulls and bears
Macro shifts set the scene for Bitcoin price fluctuations which took BTC/USD to near $9,500 and all the way back down.
Bitcoin has gone from bearish to bullish and back again this week. With price action dictated by macro assets — gold and equities — traders and analysts have had to weigh a basket of positives and negatives.
