{"id":105373,"date":"2020-11-05T11:43:00","date_gmt":"2020-11-05T08:43:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-price-reaches-14500-the-highest-level-since-january-2018\/"},"modified":"2020-11-05T11:43:00","modified_gmt":"2020-11-05T08:43:00","slug":"bitcoin-price-reaches-14500-the-highest-level-since-january-2018","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-price-reaches-14500-the-highest-level-since-january-2018\/","title":{"rendered":"# Bitcoin price reaches $14,500, the highest level since January 2018"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3a7444ec75c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3a7444ec75c\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-price-reaches-14500-the-highest-level-since-january-2018\/#BTC_price_preserves_14K_support\" >BTC price preserves $14K support<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Bitcoin price reaches $14,500, the highest level since January 2018 <\/strong>&#8221;<\/p>\n<div data-v-5a136f3a=\"\">Bitcoin (BTC) hit $14,500 for the first time since early January 2018 on Nov. 5 as crucial support held at $14,000. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"BTC_price_preserves_14K_support\"><\/span>BTC price preserves $14K support<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Data from Cointelegraph Markets\u00a0and <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\">TradingView<\/a> showed Bitcoin\u2019s gains continuing in Thursday trading, amid market tension over the U.S. election result.<\/p>\n<p>At press time, highs of $14,560 had <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>eared on major exchange Bitstamp, with BTC\/USD subsequently returning to fluctuate around $14,500 amid volatile conditions.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-11\/45a2648a-d13c-419f-b9e8-da223d7ca9d1.png\" alt=\"\" title=\"\"\/><figcaption style=\"text-align: center;\"><em>BTC\/USD 1-day chart. Source: TradingView<\/em><\/figcaption><\/figure>\n<p>Daily gains for the pair stood at 6.5% as election turmoil produced solid gains for both Bitcoin and traditional safe-haven gold.<\/p>\n<p>Meanwhile, Cointelegraph Markets analyst <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/twitter.com\/officiallykeith\/status\/1324040208342523904\">Keith Wareing<\/a>\u00a0identified a critical resistance level to overcome in order to seal Bitcoin&#8217;s path higher.<\/p>\n<p>&#8220;Waiting for #bitcoin to break $14,400 or get rejected. For me this is the level to get passed before a relatively clear run to $17k,&#8221; he summarized late Wednesday.\u00a0<\/p>\n<p>However, the next major resistance now appears to be at $14.5K as can be seen in the orderbook heatmap below.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-11\/f5b6c923-f7a1-4508-b369-5d970d8f05b2.png\" alt=\"\" title=\"\"\/><figcaption style=\"text-align: center;\"><em>Orderbook heatmap showing $14.5K resistance. Source: TensorCharts<\/em><\/figcaption><\/figure>\n<p>\u201cSomething I&#8217;m watching here on the 1-hour timeframe on the #Bitcoin chart,\u201d popular <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a> trader <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheMoonCarl\/status\/1324254106396012544\">The Moon<\/a> tweeted earlier today, continuing:<\/p>\n<blockquote><p>\u201cIf we break $14,500, then we could see another huge candle to the upside.\u201d<\/p><\/blockquote>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"\/><\/p>\n<p>As Cointelegraph reported, analysts widely agreed that Bitcoin would be in line for significant gains should $14,000 flip from resistance to support. <\/p>\n<p>The level had held ever since the early days of 2018 \u2014 just after BTC\/USD railled to all-time highs of $20,000 \u2014 and became the resistance level which capped Bitcoin\u2019s 2019 rally. <\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener noreferrer\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-price-reaches-14-500-the-highest-level-since-january-2018\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Bitcoin price reaches $14,500, the highest level since January 2018 &#8221; Bitcoin (BTC) hit $14,500 for the first time since early January 2018 on Nov. 5 as crucial support held at $14,000. BTC price preserves $14K support Data from Cointelegraph Markets\u00a0and TradingView showed Bitcoin\u2019s gains continuing in Thursday trading, amid market tension over the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":105374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2020-09\/363e53a5-b22a-418f-90c3-4bb5e5573a56.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,73785],"class_list":["post-105373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-price","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/105373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=105373"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/105373\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/105374"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=105373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=105373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=105373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}