Bitcoin Price Renews Its All Time High, Approaching $20,000


On Monday, November 30, Bitcoin price reached their highest ever level of over $19,686, according to data from TradingView.

November 30, 2020 | AtoZ Markets – The price of Bitcoin (BTC) recovered to $19,000 on November 30 as a weekend uptrend continued to produce fresh gains for investors and hodlers.

Bitcoin price surges 18% against weekly lows

Data from TradingView showed BTC/USD retaking another key psychological level during Monday trading.

The weekend had already produced major upside for the pair, which dropped to $16,300  on November 26. By the start of Monday, $18,600 had appeared, with Bitcoin going on to deliver returns of at least 17% versus those lows.

Read also: Bitcoin Price Plunges Below $17,000 on Thanksgiving – Here are the reasons

A giant $1,300 CME futures gap threatens to take the market lower, but buyers so far remain unfazed. At the time of writing, highs above $19,200 were in progress with around half an hour to go before the start of trading on Wall Street.

BTC/USD 1-day hourly chart. Source: TradingView

“Leveling up. The crucial area around $17,800 held,” Markets analyst Michaël van de Poppe summarized just prior to the $19,000 move.

“Now the crucial area is $18,200 and the final breaker before ATH is the resistance around $18,600-18,900.”

Notably, the record price of Bitcoin is different on the largest crypto exchanges. For example, on Bitstamp, it exceeded the previous high of $19,666, exceeding $19,870. On Binance, prices at the moment rose to $19,883.33, from the previous record of $ 19,660.

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