Bitcoin Overcomes The $15,500 Level Again After Years2 min read

Bitcoin

Bitcoin, which has gained strength in the last days, reached its highest level since January 2018, based on the level of $ 16,000 during the day. Bitcoin, which has received a downward correction from its highest point, is currently consolidating at $ 15,000.

Bitcoin, which fell to $ 10,400 in early October, continues to rise in the shadow of the uncertainty in the US elections and fears over the pandemic. Bitcoin, which reached its highest level since January 2018 with $ 15,300, broke a new record by going up to $ 15,960 during the day.

Following the unstoppable rise in Bitcoin, a strong rise has also started in many major altcoins, including Ethereum, XRP, Litecoin, EOS, XLM, LINK, BNB, TRX, Bitcoin Cash and ADA. Ethereum, which gained more than 5% value against the dollar, broke the $ 425 resistance level and reached the highest value of recent times, reaching $ 446 during the day.

Bitcoin price:

Bitcoin, which closed the previous day under $ 15,000, gained over 10% during the day, reaching over $ 15,500. After reaching a recent high at $ 15,960, it traded close to the resistance level, followed by a downside correction. Bitcoin, currently traded at $ 15,502, is consolidating at this level.

The first negative support in Bitcoin is near the $15,350 level, while the main support is currently near the $15,050 level. Bitcoin, which has a barrier at $15,750, may experience a break above $16,000 if it goes above this value, analysts say.

Ethereum price:

Ethereum, which joined the trend after the rise in Bitcoin, broke the $425 resistance. Clearing the $435 resistance during the day, the coin reached its highest value of $446 in recent times and is currently trading at $440. Above $450 could be seen with a break above $440, according to analysts.

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