Daily Trade News

Bitcoin avoids recent lows as BTC price eyes $60K into the weekly



© Alpha Footage

(BTC) hovered near $59,000 as Nov. 21 came to a close after avoiding a retest of its recent lows.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD almost hitting $60,000 before consolidating in a new higher range after sudden gains Saturday evening.

BTC/USD 1-day candle chart (Bitstamp) with 200-day moving average (EMA). Source: Rekt Capital/ Twitter (NYSE:)
1-hour candle chart (Bitstamp). Source: TradingView