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 $16K after 3 years but ‘extreme greed’ abounds
Bitcoin returns to highs not seen since its path to $20,000 but heavy resistance makes its presence felt
Bitcoin saw fresh volatility on November 12 as $16,000 came back into play but bulls saw familiar trouble with support. Data from price trackers including CoinMarketCap showed BTC/USD rising to pass $16,000 for the first time since 2017 on Thursday. The moment had been long coming, but highs of $16,180 swiftly met major resistance.
