{"id":450736,"date":"2020-11-24T15:50:37","date_gmt":"2020-11-24T15:50:37","guid":{"rendered":"https:\/\/wncen.com\/?p=450736"},"modified":"2024-06-11T11:22:27","modified_gmt":"2024-06-11T11:22:27","slug":"bitcoin-price-now-mere-moments-away-from-setting-a-new-all-time-high","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-price-now-mere-moments-away-from-setting-a-new-all-time-high\/","title":{"rendered":"Bitcoin Price Now Mere Moments Away From Setting A New All-Time High"},"content":{"rendered":"

Bitcoin price is trading well above $19,000<\/a> and it is the last stop before reaching $20,000 and setting a new all-time high. With no further resistance above the former peak, will the cryptocurrency go fully parabolic and enter price discovery mode starting today? Or will a long-overdue correction unfold with the vast majority of investors sitting in profit?<\/p>\n

Bitcoin Approaches All-Time High, Only Moments Remain Where Buying BTC Was Unprofitable<\/h2>\n

The first-ever cryptocurrency is on a complete tear, defying gravity and going parabolic<\/a> over the last several weeks. From the start of November until now, the cryptocurrency has added another 40% to its now over 150% year-to-date returns.<\/p>\n

At current prices, only one day remains \u2013 December 17, 2017 \u2013 where buying BTC was a losing investment. The unlucky few who hit “buy” that night and managed to snipe the exact top, have spent every day since at a loss.<\/p>\n

\"bitcoin<\/p>\n

Only a few hours Bitcoin traded at higher prices back in December 2017 | Source: BTCUSD on TradingView.com<\/pre>\n
But with every investor in the asset who bought any day outside of then in profit, could the incredible feat be the catalyst for the correction that thus far has never arrived<\/a>?<\/p>\n
This is Bitcoin, so anything is possible. While all of crypto is bullish on Bitcoin and had planned on holding for the next bull market top, the current disbelief rally<\/a> blindsided everyone outside of the veterans with the most longevity in the space.<\/p>\n
Related Reading | Crypto Calculated: How Ancient Math Predicts Bitcoin\u2019s Next Top At $270K<\/a><\/strong><\/em><\/p>\n
A retest of $10,000 to $20,000 took a little more than a month, and now the entire world is watching crypto again<\/a>. With Thanksgiving here, and the holiday acting as the catalyst for a bull market explosion and bubble the last time around<\/a>, a repeat is very well possible.<\/p>\n
And it all starts with Bitcoin taking out its former all-time high, which is set at around $19,800 depending on the exchange.<\/p>\n
As a good rule of thumb, seeing Bitcoin trade at a price beyond $20,000 will be the final signal that the bull market has begun.<\/p>\n
Featured image from Deposit Photos, Charts from TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"
Bitcoin price is trading well above $19,000 and it is the last stop before reaching $20,000 and setting a new all-time high. With no further resistance above the former peak, will the cryptocurrency go fully parabolic and enter price discovery mode starting today? Or will a long-overdue correction unfold with the vast majority of investors sitting in profit? Bitcoin Approaches All-Time High, Only Moments Remain Where Buying BTC Was Unprofitable The first-ever cryptocurrency is on a complete tear, defying gravity and going parabolic over the last several weeks. From the start of November until now, the cryptocurrency has added another 40% to its now over 150% year-to-date returns. At current prices, only one day remains \u2013 December 17, 2017 \u2013 where buying BTC was a losing investment. The unlucky few who hit “buy” that night and managed to snipe the exact top, have spent every day since at a loss. Only a few hours Bitcoin traded at higher prices back in December 2017 | Source: BTCUSD on TradingView.com But with every investor in the asset who bought any day outside of then in profit, could the incredible feat be the catalyst for the correction that thus far has never arrived? This is Bitcoin, so anything is possible. While all of crypto is bullish on Bitcoin and had planned on holding for the next bull market top, the current disbelief rally blindsided everyone outside of the veterans with the most longevity in the space. Related Reading | Crypto Calculated: How Ancient Math Predicts Bitcoin\u2019s Next Top At $270K A retest of $10,000 to $20,000 took a little more than a month, and now the entire world is watching crypto again. With Thanksgiving here, and the holiday acting as the catalyst for a bull market explosion and bubble the last time around, a repeat is very well possible. And it all starts with Bitcoin taking out its former all-time high, which is set at around $19,800 depending on the exchange. As a good rule of thumb, seeing Bitcoin trade at a price beyond $20,000 will be the final signal that the bull market has begun. Featured image from Deposit Photos, Charts from TradingView.com<\/p>\n","protected":false},"author":517,"featured_media":450741,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119,1144,78790,6664,4524,76835],"class_list":["post-450736","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-btcusd","tag-btcusdt","tag-crypto","tag-xbt","tag-xbtusd"],"acf":[],"yoast_head":"\nBitcoin Price Now Mere Moments Away From Setting A New All-Time High<\/title>\n<meta name=\"description\" content=\"Bitcoin price is trading well above $19,000 and it is the last stop before reaching $20,000 and setting a new all-time high. 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The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/wncen.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Price Now Mere Moments Away From Setting A New All-Time High","url":"http:\/\/wncen.com\/news\/bitcoin-price-now-mere-moments-away-from-setting-a-new-all-time-high\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-price-now-mere-moments-away-from-setting-a-new-all-time-high\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/11\/bitcoin-all-time-high-record-Depositphotos_24396205_xl-2015-scaled.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/11\/bitcoin-all-time-high-record-Depositphotos_24396205_xl-2015-scaled.jpg?fit=2560%2C2560"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Tony \"The Bull\" Severino"}],"creator":["Tony \"The Bull\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","btcusd","btcusdt","crypto","xbt","xbtusd"],"dateCreated":"2020-11-24T15:50:37Z","datePublished":"2020-11-24T15:50:37Z","dateModified":"2024-06-11T11:22:27Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Price Now Mere Moments Away From Setting A New All-Time High\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-price-now-mere-moments-away-from-setting-a-new-all-time-high\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-price-now-mere-moments-away-from-setting-a-new-all-time-high\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/11\\\/bitcoin-all-time-high-record-Depositphotos_24396205_xl-2015-scaled.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/11\\\/bitcoin-all-time-high-record-Depositphotos_24396205_xl-2015-scaled.jpg?fit=2560%2C2560\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"The Bull\\\" Severino\"}],\"creator\":[\"Tony \\\"The Bull\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\",\"btcusdt\",\"crypto\",\"xbt\",\"xbtusd\"],\"dateCreated\":\"2020-11-24T15:50:37Z\",\"datePublished\":\"2020-11-24T15:50:37Z\",\"dateModified\":\"2024-06-11T11:22:27Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/11\/bitcoin-all-time-high-record-Depositphotos_24396205_xl-2015-scaled.jpg?fit=2560%2C2560","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/450736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=450736"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/450736\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/450741"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=450736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=450736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=450736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}