Bitcoin (BTC) hit $15,000 on Nov. 5 as excitement over the United States election spilled over from macro markets.<\/p>\n
Data from Cointelegraph Markets and TradingView showed BTC\/USD tackle the $15,000 barrier repeatedly throughout the day, finally breaking it to post press-time highs of $15,200.<\/p>\n
The move seals a hectic day for Bitcoin, which just 24 hours ago traded below $14,000. The last time that BTC\/USD saw $15,000 was in early January 2018. <\/p>\n
Reacting, many well-known Bitcoin figures noted that it was high time for the largest cryptocurrency to make a decisive move. Macro investor Dan Tapeiro in particular praised the price models of quant analyst PlanB.<\/p>\n
Now enterring what is called the moment of realization for Bitcoin, he tweeted. <\/p>\n
As Cointelegraph reported, some expected $15,000 to pose major resistance that would temporarily quash Bitcoins $1,000-plus daily gains. <\/p>\n
Others argued that technically, there was very little standing in the way of new all-time highs once Bitcoin overturned resistance at $14,000 and then $14,500. <\/p>\n
I have seen this show before, PlanB added, referencing the bull runs of 2013 and 2017. <\/p>\n
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\nBitcoin price hits $15K as daily gains top 9% and Trump Vs. Biden goes on - Cointelegraph<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"