Price analysis 11/30: BTC, ETH, XRP, BCH, LINK, LTC, ADA, DOT, BNB, XLM

Cointelegraph

Published Nov 30, 2020 04:35PM ET

Updated Dec 01, 2020 07:40PM ET

Bitcoin (BTC) price came within striking distance of hitting a new all-time high today. This shows that institutional and retail investors continue to buy on every dip and BTC is in a strong uptrend. Hence, traders should not urgently looking to call a top.

While Bitcoin has been creating new records, gold has corrected about 15% from its all-time high. This shows that traders are dumping their positions and this led to the largest weekly outflow in gold.

Daily cryptocurrency market performance. Source: Coin360
BTC/USDT daily chart. Source: TradingView
ETH/USDT daily chart. Source: TradingView
XRP/USDT daily chart. Source: TradingView
BCH/USD daily chart. Source: TradingView
LINK/USDT daily chart. Source: TradingView
LTC/USDT daily chart. Source: TradingView
ADA/USDT daily chart. Source: TradingView
DOT/USDT daily chart. Source: TradingView
BNB/USDT daily chart. Source: TradingView
XLM/USDT daily chart. Source: TradingView

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