Bitcoin (Bitcoin) Surprised everyone on November 10th because the price movement of BTC suddenly hit a record high.
Bitcoin and Ethereum “relentlessly rise”
With various Similar actions In recent weeks, Bitcoin has not only reversed the previous short-term downward trend, but also surpassed the previous record high of $68,564.
new #Bitcoin A new high in history!
— Michaël van de Poppe (@CryptoMichNL) November 10, 2021
At the time of writing this article, the volatility is not over yet, because $69,000 is in sight, and with it comes the prospect of the significant psychologically significant $70,000 mark.
As Cointelegraph Report, This level has been within the range of traders’ attention, and they believe that any adjustment during this period will still end with a new rise.
“Rally up mercilessly”, popular trader Pentoshi reacted.
“No decline has been given. Since 40.7k USD, BTC and ETH have been trending in a straight line, and there was a short period of consolidation. Will (short) do it right?”
The accompanying chart describes the $40,000 area as the possible “last decline in history” that Bitcoin is now in price discovery mode.
ETH copies Bitcoin to a record high
ETH/USD followed Bitcoin to a record high of US$4,868-rising Approaching the $5,000 mark.
At the time of writing, the US market will still open, and traders are concerned about the sell-off of Tesla (TSLA) on Tuesday. Chain shock Cross-encryption market.