Bitcoin Price and Trading Report: November 18th

NOVEMBER 18, 2020

Bitcoin price continues to make new highs as risk markets trade sideways overnight. Although other assets have rallied it is all eyes on BTC.

Morning Traders,

Markets traded sideways overnight after a gentle dip in the European session.

Bitcoin

Bitcoin continues its run, edging closer to the magic mark of around $20k USD per coin.

BTC last traded at $17,686

24 hr high: $ 17,868

24 hr low: $ 16,562

BTC/USD Chart

BITCOIN TRADE

As it has been for the asset, it is difficult to make a trade in Bitcoin at the moment, with a likelihood that the asset continues rallying through $20k before retracing, but with difficult to manage risk and hard to find positioning on the long side.

Traders who want to be short have their pick of spots, but will want to maintain tight risk management.

Ethereum

Eth last traded at $482

24 hr high: $ 485

24 hr low: $ 458

ETH/USD Chart

Digital Assets

YFI had a terrific 24 hours with most alternative assets trading higher on the day.

Economic Calendar

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