Path to $20K Bitcoin price now wide open after previous resistance breaks


Bitcoin (BTC) hit new highs in extra of $18,750 on Nov. 20 as its newest prolonged bull run continued to please buyers.

BTC value inches nearer to all-time highs

Knowledge from Cointelegraph Markets, Coin360 and TradingView exhibits BTC/USD climbed swiftly after reclaiming $18,000, taking out its earlier excessive of $18,420 to proceed rising.

At press time, native highs of $18,817 took Bitcoin to inside $1,250 of its all-time highs from December 2017.

BTC/USD 1-hour chart. Supply: Tradingview

The newest beneficial properties come as altcoins have additionally begun to hit historical levels that have remained untested for a number of years.

Talking concerning the market’s present energy and future prospects, Tom Lee, co-founder of Fundstrat International Advisors, was extra bullish than ever.