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Bitcoin back for another look at the top end of the range

20 Nov, 2020

Yesterday it was outlined here that Bitcoin was likely to hold a clearly defined range for the day. That was envisaged by the Quick News to encompass 17,250 to 18,250. Well that is exactly how it panned out. Bitcoin did hold inside those levels yesterday with 17,359 to 18,180 covering the price action. Today Bitcoin is on the move higher again. Having earlier dipped back briefly below 17,800 at the start of the Asian session, the price has now lifted back above 18,000 again, reaching 18,232 a short while ago. As for how the lead cryptocurrency fares today is not so easy to decipher as it was yesterday. The upside looks like it has more focus this morning for sure, but we know just how easily that can all change. The immediate outlook would seem to point to the prospect that Bitcoin may have the previous 2020 high, reached on Wednesday in its sights again. That was set at 18,479 and Bitcoin is just now trading at 18,155

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