Bitcoin 2020 High

There is likely a rising channel forming with support near 13 950 on the hourly chart of the btc usd pair data feed from kraken.

Bitcoin 2020 high. Bitcoin has ranged between 13 545 and 14 223 in the last 24 hours marking a new high for the year. Bitcoin breaks new 2020 high with us election still undecided bitcoin has broken fresh 2020 highs as uncertainty remains in the u s. Williams co founder and partner at morgan creek digital where anthony pompliano enjoys a similar position said that he believed that by the end of october 2020 bitcoin s price would reach a new all time high ath meaning that it will go over 20 000 and reminded us of famous bitcoin price predictions by his colleague pompliano and. The higher high would also be a confirmation of a breakout and retest of bear market resistance and could allow the top cryptocurrency to race back toward 2017 highs.

Yesterday for example the dow jones sunk by 2 3 but bitcoin held steady at around 13 000 after briefly dropping to 12 785. If btc begins to decrease the 12 050 area is expected to act as. The price reached a high of 13 235 before decreasing slightly to the current price of 12 800. Bitcoin breaks september highs.

Wednesday s breakout has also seen bitcoin set a new 2020 price high and what the bulls will be hoping is an end to the sideways accumulation of the last few months. The price of bitcoin btc has just exceeded 12 400 for the first time since july 2019 after first breaking through the 12 000 threshold this morning. This after a dip earlier this week and a seemingly nervous stock market tested the strength of those hands. Btc was expected to face severe volatility since the us presidential elections began however its price has been stable and is testing the new resistance at.

The price of bitcoin has hit a fresh 2020 high of 13 700. On oct 22 bitcoin continued its ascent by creating another bullish engulfing candlestick which smashed through the previous 12 050 resistance area. Its market cap now exceeds 230 billion and its market dominance is sitting comfortably at 60 8 its highest market dominance since early august. Trading hours to reach the highest level since july 2019 surpassing the previous 2020 high of 12 476 reached on aug.

Bitcoin the top ranked cryptocurrency by market capitalization is now up more than 7 percent over the last 24 hour trading period. One hour chart of bitcoin at. On 4 november 17 00 utc bitcoin crossed resistance at 14 100. Bitcoin remained in a positive zone and it climbed above the 14 000 resistance zone.

The price traded to a new 2020 high at 14 338 and it is well above the 100 hourly simple moving average. 18 according to coindesk s. If bitcoin can set a higher high for 2020 following the higher low on black thursday an uptrend would be confirmed and a major buy signal printed. Yesterday well known bitcoin hodler jason a.