Bitcoin Price and Trading Report: November 19th
Risk traded lower overnight with USD down and gold looking underwhelming going into the end of 2020. BTC is still holding up as-is.
Mine Digital
November 19, 2020
Risk traded lower overnight with USD down and gold looking underwhelming going into the end of 2020. BTC is still holding up as-is.
Bitcoin price continues to make new highs as risk markets trade sideways overnight. Although other assets have rallied it is all eyes on BTC.
Bitcoin makes new highs and continues to face off its all-time high as its parabola steepens. Risk is bid elsewhere.
Eth & digital assets traded lower over the w/e while Bitcoin trades high in its range. Expect the disconnect to resolve early in the week.
With risk slightly lower overnight, bitcoin still managed to break through its high while Ethereum did little.
A risk-bid developing in markets after failing to retrace all-time highs in S&P500. Bitcoin could trade higher on this independent of gold.
The bitcoin price consolidated overnight while alt-coins outperformed strongly. Meta and Loopring were up by 50% and 40%.
The moves overnight look very bullish for bitcoin, which could have sold with gold if it wanted to do so. Risk is back on in a big way.
It’s been a great weekend for digital assets, with the bitcoin price recovering well and DeFi projects also supported, forming a major low.
Never miss a thing! Sign up to
The Knowledge Mine Digital’s newsletter on all things Crypto