- Bitcoin has finally broken past the $ 15,000 barrier after a massive 6% price spike in the last 24 hours.
- The digital asset has ignored the uncertainty surrounding the US presidential election and continues to climb.
With very little opposition above, it appears that the Bitcoin it is limitless and will likely hit its all-time high of 20,000 again. Despite the current price, a massive increase in the number of holders with 100-1,000 coins can be observed from 13,754 on October 30 to 13,986 today. This metric shows that investors are still extremely interested in BTC even though the price is already quite spread out.
BTC / USD reached $ 15,310 this Thursday, and is trading at the time of writing above $ 14,991, gaining 5.86% on the day.
The Bitcoin is closer than ever to its all-time high of $ 20,000 and it appears to be facing very little resistance to the upside. In our previous analysis, we saw that the price of BTC is released to rise to $ 16,322, which is the weekly high for January 2018.
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Credits: Forex Street
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