Bitcoin break above $17,000 for 1st time since January 2018

17:01 17 November 2020
Bitcoin surged above the major resistance at $17,000, a level not seen since January 2018. Taking into consideration that no major  resistance areas are located above the current price level, Bitcoin price may skyrocket if buyers will manage to uphold momentum. Also majority of other altcoins followed Bitcoins footsteps.

Bitcoin’s price more than doubled since the beginning of the year and today bulls managed to surpass another key barrier on the way to a new all-time high. Source: xStation5

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Back

Join over 1 Million investors from around the world