{"id":365024,"date":"2021-11-10T17:29:43","date_gmt":"2021-11-10T14:29:43","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/suddenly-bitcoin-hits-new-all-time-high-after-2k-gains-in-minutes\/"},"modified":"2021-11-10T17:29:43","modified_gmt":"2021-11-10T14:29:43","slug":"suddenly-bitcoin-hits-new-all-time-high-after-2k-gains-in-minutes","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/suddenly-bitcoin-hits-new-all-time-high-after-2k-gains-in-minutes\/","title":{"rendered":"# Suddenly, Bitcoin hits new all-time high after $2K gains in minutes"},"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-6a416caaeb9be\" 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-6a416caaeb9be\" 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\/suddenly-bitcoin-hits-new-all-time-high-after-2k-gains-in-minutes\/#Bitcoin_Ethereum_%E2%80%9Crelentlessly_up%E2%80%9D\" >Bitcoin, Ethereum &#8220;relentlessly up&#8221;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/suddenly-bitcoin-hits-new-all-time-high-after-2k-gains-in-minutes\/#ETH_copies_Bitcoin_with_new_record_high\" >ETH copies Bitcoin with new record high<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Suddenly, Bitcoin hits new all-time high after $2K gains in minutes <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>Bitcoin (BTC) surprised everyone on Nov. 10 as BTC price action abruptly hit new all-time highs.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-11\/b07632fa-56a8-4cae-8109-06c1a671fed2.png\"><figcaption style=\"text-align: center;\"><em>BTC\/USD 1-hour candle chart (Bitstamp). Source: TradingView<\/em><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Bitcoin_Ethereum_%E2%80%9Crelentlessly_up%E2%80%9D\"><\/span>Bitcoin, Ethereum &#8220;relentlessly up&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/?exchange=BITSTAMP\">TradingView<\/a>\u00a0captured a snap change of direction for BTC\/USD, which gained $2,000 in just 45 minutes.<\/p>\n<p>In step with various similar moves in recent weeks, Bitcoin not only reversed its previous short-term downtrend but eclipsed its previous record high of $68,564.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">New <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> all-time high!<\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1458437833509769225?ref_src=twsrc%5Etfw\">November 10, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>At the time of writing, the volatility was not done, as $69,000 came into view and with it the prospect of the psychologically significant $70,000 mark.<\/p>\n<p>As Cointelegraph reported, that level was firmly on the radar of traders, who believed that any correction in the meantime would still end with fresh upside.<\/p>\n<p>&#8220;Relentlessly up,&#8221; popular trader Pentoshi <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Pentosh1\/status\/1458438062300614658\/\">reacted<\/a>. <\/p>\n<blockquote><p>&#8220;No dips given, just straight trending on $BTC and $ETH since 40.7k with a small period of consolidation. Will (bears) ever get it right?&#8221;<\/p><\/blockquote>\n<p>An accompanying chart described the that $40,000 zone as a possible &#8220;last dip ever&#8221; with Bitcoin now in price discovery mode.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-11\/5603e6c9-df72-47dc-b5f3-87da4870216c.png\"><figcaption style=\"text-align: center;\"><em>BTC\/USD annotated price chart. Source: Pentoshi\/ <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a><\/em><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"ETH_copies_Bitcoin_with_new_record_high\"><\/span>ETH copies Bitcoin with new record high<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Ether (ETH), Binance Coin (BNB) and XRP likewise reversed their downward-sloping stance as the mood swiftly changed on the day.<\/p>\n<p><strong><em>Related:\u00a0Bitcoin to hit $250K in January 2022 but &#8216;invalidate&#8217; S2FX BTC price model \u2014 New prediction<\/em><\/strong><\/p>\n<p>ETH\/USD followed Bitcoin to hit new all-time highs of its own of $4,868 \u2014 getting ever closer to the $5,000 mark.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-11\/27ff3ff9-b8ef-4810-a15e-107a851ef340.png\"><figcaption style=\"text-align: center;\"><em>ETH\/USD 1-hour candle chart (Bitstamp). Source: TradingView<\/em><\/figcaption><\/figure>\n<p>U.S. markets were still to open at the time of writing, with traders eyeing Tesla (TSLA) after its sell-off Tuesday sparked a knock-on impact across crypto markets.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\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\">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\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/suddenly-bitcoin-hits-new-all-time-high-after-2k-gains-in-minutes\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Suddenly, Bitcoin hits new all-time high after $2K gains in minutes &#8221; Bitcoin (BTC) surprised everyone on Nov. 10 as BTC price action abruptly hit new all-time highs. BTC\/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin, Ethereum &#8220;relentlessly up&#8221; Data from Cointelegraph Markets Pro and TradingView\u00a0captured a snap change of direction for BTC\/USD, which&#8230;<\/p>\n","protected":false},"author":1,"featured_media":365025,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvMjI4YTFhMzctYzExYy00Yzc2LWIzYzEtZWYzYTI0M2NmYTQ1LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74862,74937,82402,74891,73785],"class_list":["post-365024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-bitcoin","tag-bitcoin-price","tag-ether-price","tag-ethereum","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/365024","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=365024"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/365024\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/365025"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=365024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=365024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=365024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}