{"id":87499,"date":"2023-11-24T19:04:05","date_gmt":"2023-11-24T17:04:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=87499"},"modified":"2025-09-13T12:12:28","modified_gmt":"2025-09-13T09:12:28","slug":"bitcoin-clears-38000-hitting-a-fresh-year-high","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-clears-38000-hitting-a-fresh-year-high\/","title":{"rendered":"Bitcoin clears $38,000, hitting a fresh year high."},"content":{"rendered":"

On Friday, November 24, bitcoin’s price rose above $38,000 and hit a fresh year high. In the last 24 hours the asset gained 3.3%, according to CoinGecko<\/a>.<\/p>\n

\"BTCUSDT_2023-11-24_19-54-38\"
15-minute BTC\/USDT chart on Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n<\/div>\n

At the time of writing, digital gold was trading above $38,300.<\/p>\n

\"BTCUSDT_2023-11-24_19-03-19\"
15-minute BTC\/USDT chart on Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

Following the leader, all of the top-10 assets moved into the green. Over the last 24 hours Ethereum rose 3.4%, climbing above $2,100.<\/p>\n

\"Snimok-ekrana-2023-11-24-v-19.05.45\"
Data: CoinGecko.<\/figcaption><\/figure>\n

Total market capitalization stood at $1.51 trillion, Bitcoin’s dominance index at 49.6%.<\/p>\n

On November 9, amid elevated volumes, bitcoin broke above $37,000<\/a> and subsequently reached $37,600. But a few days later the asset receded to around $35,400<\/a>.<\/p>\n

Micha\u00ebl van de Poppe, founder of MN Trading, noted that the slow grind upward toward the new resistance and a break above $38,000 suggested the next milestone for digital gold would be $40,000.<\/p>\n

\n

Still so far, so good on #Bitcoin<\/a>.<\/p>\n

Slowly grinding upwards to a new resistance point and a break above $38K immediately means $40K is next. pic.twitter.com\/3ZUkS72I6g<\/a><\/p>\n

\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) November 24, 2023<\/a><\/p><\/blockquote>\n