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Bitcoin price hits 1-week high in minutes on sudden $1.5K gains
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Bitcoin (BTC) abruptly hit one-week highs on Nov. 2 after days of sideways action ended in a brief but strong breakout.
Data from Cointelegraph Markets Pro and TradingView followed sudden volatility on BTC/USD as it gained over $1,500 in minutes.
At the time of writing, $63,400 formed a focus amid the pair's highest levels since Oct. 25.
#Bitcoin ready to break out? pic.twitter.com/EHQnwyke7D
For popular analyst Filbfilb and others, the move was anticipated, with chart signals flashing volatility on Monday.
"Another bit of a nothing day for bitcoin.. still struggling around the MR line... next touch on resistance will be a 4th touch of the downtrend so a retest and breakout fits with what im looking for," he summarized to Telegram channel
Read more on cointelegraph.comAbout this in other media
3 reasons why traders want to buy the Bitcoin price dip to $58.5K cointelegraph.com /2 years ago
Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs cointelegraph.com /2 years ago
Keep3rV1, WINk and UMA ignore Bitcoin price dip by posting 20%+ gains cointelegraph.com /2 years ago
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