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Bitcoin price hits $15K as daily gains top 9% and Trump Vs. Biden goes on

Bitcoin price hits $15K as daily gains top 9% and Trump Vs. Biden goes on

Bitcoin (BTC) hit $15,000 on Nov. 5 as pleasure over the U.S. election spilled over from macro markets. 

Knowledge from Cointelegraph Markets and TradingView confirmed BTC/USD deal with the $15,000 barrier repeatedly all through the day, lastly breaking it to submit press-time highs of $15,200.

BTC worth climbs $1,000 in a day

The transfer seals a busy day for Bitcoin, which simply 24 hours in the past traded under $14,000. The final time that BTC/USD noticed $15,000 was in early January 2018.

BTC/USD weekly chart. Supply: Tradingview

Reacting, many well-known Bitcoin figures famous that it was excessive time for the biggest cryptocurrency to make a decisive transfer. Macro investor Dan Tapeiro particularly praised the value fashions of quant analyst PlanB.

“Now enterring what is known as the ‘second of realization’ for #Bitcoin,” he tweeted.

“Let’s give some credit score to (PlanB) right here. I like this mannequin that picked prime in late ’17 and most significantly backside in early ’19. We at the moment are in what I name the hodlers’ candy spot. Receives a commission to take a seat.”