BTC Today 2 December 2020

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Bitcoin (BTC) is recognised as the world’s first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental and technical analysis.


Bitcoin continues to lead the way forward and yesterday touched a new all-time high of just under $20,000 and now looks set to move even higher in the coming days. Other tokens and coins have rallied hard recently but remain far away from their December 2017 spike peaks. BTC’s dominance of the market remains at just over 62% with the market as a whole capitalized around $580 billion.

Bitcoin continues to gain support from a positive moving average set-up with all three simple dmas pointing higher and in sequence. Last Thursday’s sell-off has been bought back, producing a short-term series of higher lows and higher highs, while the CCI indicator is only just in overbought territory. Short-term support around $18,200-$18,400.

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