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

Cointelegraph

Published Nov 20, 2020 11:09AM ET

Updated Nov 20, 2020 12:40PM ET

Bitcoin (BTC) hit new highs in excess of $18,750 on Nov. 20 as its latest extended bull run continued to delight investors.

Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD climb swiftly after reclaiming $18,000, taking out its previous high of $18,420 to continue rising.

BTC/USD 1-hour chart. Source: Tradingview
Bitcoin vs. gold 3-month chart. Source: Skew

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