Bitcoin soared more than 7% Thursday and was trading above $15,000 — its highest level in nearly three years — as mainstream interest in the cryptocurrency builds and the US dollar weakens. The price of a single Bitcoin [almost] reached $16,000 as traders assessed a combination of supportive macro catalysts. One of them was the Federal Open Market Committee’s (FOMC) November meeting. On Thursday, the Federal Reserve Chairman Jerome Powell reiterated that the worsening coronavirus Bitcoin's price rose to more than $14,900 on Thursday, its highest level since January 2018, amid volatility caused by the U.S. election and investor hopes that more central bank stimulus to Bitcoin's price climbed above $15,000 on Thursday, hitting a level not seen since January 2018 amid U.S. presidential election uncertainty.. The world's best-known cryptocurrency was last trading The price of cryptocurrency Bitcoin continued on an upward path Thursday, increasing in value by $1,472.28, or more than 10% in a single day and reaching a high of $15,755.52. Bitcoin’s recent $2,000 crash sent chills down the spines of crypto investors, turning market sentiment from extreme greed to fear in less than 48 hours flat. The sharp drop brought back all too fresh memories of the mid-March Black Thursday market collapse. But before that crash turned into total collapse, there was a pause before the panic fully kicked in. A comparison showing current Bitcoin [BTC] traders witnessed one of the most exciting days in terms of price action on Thursday. Yesterday can be divided into two parts – a bearish and bullish both respectively extreme. At around 3: 00 hours on 19th September Bitcoin tested laws at $9600. As the day progressed, the price stayed below $10,000 around At press time, the cryptocurrency is trading near $15,800, having reached a three-year high of $16,157 early Thursday. Also read: Bitcoin Price Breaks Above $16K for First Time in 3 Years Read Bitcoin Cash Price Forecast: BCH bulls retain control after bearish Thursday – Confluence Detector Cryptos | Oct 30, 04:45 GMT BCH buyers face strong resistance at $282.50 in the path back to $300. Bitcoin (BTC) price prediction is 23938.29691 USD. The price forecast is 23938.29691 USD for 2021 November 11, Thursday; and 82804.36 USD for 2025 November 11, Tuesday with technical analysis.
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