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Path to $ 20K Bitcoin price now wide open after previous resistance breach



Bitcoin (BTC) hit new highs of over $ 18,750 on November 20, as the recent expanded bull run continued to delight investors.

The BTC price inches closer to all-time highs

Data from Cointelegraph Markets, Coin360 and TradingView showed that BTC / USD climbed rapidly after recovering $ 18,000, taking its previous high of $ 18,420 to continue rising.

At press time, local highs of $ 18,817 brought Bitcoin to within $ 1,250 of all-time highs from December 2017.

BTC / USD 1-hour chart. Source: Tradingview

The latest gains come as altcoins are also starting to hit historical levels, which have been untested for several years.

When we talked about the market̵

7;s current strength and future prospects, Tom Lee, co-founder of Fundstrat Global Advisors, was more bullish than ever.