{"id":31288,"date":"2020-11-05T09:48:54","date_gmt":"2020-11-05T07:48:54","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=31288"},"modified":"2025-08-28T02:55:41","modified_gmt":"2025-08-27T23:55:41","slug":"bitcoin-price-tops-15200-hitting-a-fresh-high-not-seen-since-january-2018","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-price-tops-15200-hitting-a-fresh-high-not-seen-since-january-2018\/","title":{"rendered":"Bitcoin price tops $15,200, hitting a fresh high not seen since January 2018"},"content":{"rendered":"<p>Prices of the leading cryptocurrency rose above $15,200, setting a new local high. Bitcoin traded at that level in January 2018.<!--more--><\/p>\n<div id=\"attachment_115511\" style=\"width: 1570px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-115511\" class=\"wp-image-115511 size-full\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Bez-nazvaniya-6-3.png\" alt=\"Bitcoin price rose above $15,200, hitting a new high since January 2018\" width=\"1560\" height=\"790\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Bez-nazvaniya-6-3.png 1560w, https:\/\/u1f987.com\/wp-content\/uploads\/Bez-nazvaniya-6-3-300x152.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Bez-nazvaniya-6-3-1024x519.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Bez-nazvaniya-6-3-768x389.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Bez-nazvaniya-6-3-1536x778.png 1536w\" sizes=\"auto, (max-width: 1560px) 100vw, 1560px\" \/><\/p>\n<p id=\"caption-attachment-115511\" class=\"wp-caption-text\">Source: TradingView.<\/p>\n<\/div>\n<p>On October 31, the leading cryptocurrency <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-price-hits-a-yearly-high-above-14000\">breached<\/a> the $14,000 level, but could not sustain above the psychological mark.<\/p>\n<p>The $13,000 level Bitcoin <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-hits-2020-high-above-13000\">surpassed<\/a> on October 21.<\/p>\n<p>Blockstream CEO Adam Back noted that Bitcoin rose by $1,000 over the past 24 hours.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">another $1k \ud83d\udcc8 <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#bitcoin<\/a> green \ud83d\udfe9candle day <a href=\"https:\/\/t.co\/ZC8c9DMlO0\">pic.twitter.com\/ZC8c9DMlO0<\/a><\/p>\n<p>\u2014 Adam Back (@adam3us) <a href=\"https:\/\/twitter.com\/adam3us\/status\/1324323699584094208?ref_src=twsrc%5Etfw\">November 5, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Analysts from the analytics service Sqew compared Bitcoin&#8217;s returns with macro assets popular among American investors. Since the start of the year, the cryptocurrency has risen 106.9%, gold, with which it is often compared, has risen 25.15%.<\/p>\n<div id=\"attachment_115499\" style=\"width: 564px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-115499\" class=\"wp-image-115499 size-full\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot-13.png\" alt=\"Bitcoin price rose above $15,200, hitting a new high since January 2018\" width=\"554\" height=\"180\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot-13.png 554w, https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot-13-300x97.png 300w\" sizes=\"auto, (max-width: 554px) 100vw, 554px\" \/><\/p>\n<p id=\"caption-attachment-115499\" class=\"wp-caption-text\">Source: sqew.<\/p>\n<\/div>\n<p>Analyst PlanB noted that the RSI indicator&#8217;s chart resembles its movement during Bitcoin rallies in 2013 and 2017.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">I have seen this show before \ud83d\ude0e 2012\/2013 and 2016\/2017 <a href=\"https:\/\/t.co\/tRGPDJ1ffR\">pic.twitter.com\/tRGPDJ1ffR<\/a><\/p>\n<p>\u2014 PlanB (@100trillionUSD) <a href=\"https:\/\/twitter.com\/100trillionUSD\/status\/1324287464589135872?ref_src=twsrc%5Etfw\">November 5, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>On November 4, the volume of Bitcoin futures trading surged, reaching $26 billion per day, according to <a href=\"https:\/\/analytics.skew.com\/dashboard\/bitcoin-futures\" target=\"_blank\" rel=\"noopener noreferrer\">skew<\/a>.<\/p>\n<div id=\"attachment_115456\" style=\"width: 1210px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-115456\" class=\"wp-image-115456 size-full\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/skew_btc_futures__aggregated_daily_volumes-1.png\" alt=\"Bitcoin price rose above $15,200, hitting a new high since January 2018\" width=\"1200\" height=\"670\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/skew_btc_futures__aggregated_daily_volumes-1.png 1200w, https:\/\/u1f987.com\/wp-content\/uploads\/skew_btc_futures__aggregated_daily_volumes-1-300x168.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/skew_btc_futures__aggregated_daily_volumes-1-1024x572.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/skew_btc_futures__aggregated_daily_volumes-1-768x429.png 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p id=\"caption-attachment-115456\" class=\"wp-caption-text\">Source: skew.<\/p>\n<\/div>\n<p>Bloomberg Intelligence&#8217;s chief commodities strategist Mike McGlone <a href=\"https:\/\/u1f987.com\/en\/news\/bloomberg-analyst-bitcoins-fair-value-is-15000\">thinks<\/a> that the fair price of the first cryptocurrency is $15,000.<\/p>\n<p>In his view, in 2021 Bitcoin may <a href=\"https:\/\/u1f987.com\/en\/news\/opinion-past-patterns-point-to-a-parabolic-bitcoin-rally-in-2021\">expect<\/a> a &#8216;parabolic&#8217; rise in line with price surges in 2013 and 2017.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 all the news, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin prices rose above $15,200, setting a new local high. Bitcoin traded at that level in January 2018.<\/p>\n","protected":false},"author":1,"featured_media":31289,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480],"class_list":["post-31288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=31288"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31288\/revisions"}],"predecessor-version":[{"id":31290,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31288\/revisions\/31290"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/31289"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=31288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=31288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=31288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}