Bitcoin Highest Monthly Close Ever!

BITCOIN HITS HIGHEST MONTHLY CLOSE EVER, BULLISH NOVEMBER AHEAD

BTC TOP 3

BTC HIGHEST MONTHLY CLOSE

ALL-TIME HIGH ON THE MONTHLY CHART

Bitcoin has achieved yet another milestone on the day of its 13th anniversary: closing the highest monthly close ever recorded in history.

Looking back on Bitcoin’s early years, valued at basically nothing, who could’ve thought it would reach today’s price of $60k+ range?

From the pseudonymous person or group who published Bitcoin’s whitepaper, Bitcoin has had a wonderful joyride of price actions.

Let’s take a look at Bitcoin’s price history:

Bitcoin Price in 2009: $0

Bitcoin Price in 2011: $1 – $30

Bitcoin Price in 2013: $13- $1,100

Bitcoin Price in 2017: $1,100 – $20,000

Bitcoin Price Now: $60,600 and counting

With each halving (happens every 4 years) and with a programmed limit of only 21 million Bitcoins to be ever exist, Bitcoin is set to increase in value as years pass by. So on a macro-point of view, Bitcoin hitting another all-time high is already a plan waiting to happen, at least mathematically.

LOW CAPS TO HAVE IN YOUR RADAR

Assuming Bitcoin continues in a bull market, potentially these altcoins will do very well. But if Bitcoin dips, these altcoins will obviously dip harder.

1. Opulous (OPUL) 
2. Mina Protocol (MINA) 
3. Xcad Network (XCAD) 
4. Fear (FEAR) 
5. Don-key.finance (DON) 

Feel free to research more about these alts and let us know if you also think these are about to moon very soon.

ALTS TO TRIPLE DIGITS SOON

Polkadot (DOT) and Cosmos (ATOM) are about to go parabolic and hit a 3-digit value this month according to Crypto Michael.

Here are some technical points to watch out for these two:

DOT/USDT – almost got to a new all-time high. And with Parachains Auction just around the corner (Nov 11th), there’s lots of hype going on around Polkadot, lots of momentum hence the potential price action coming for DOT anytime soon.

DOT’s critical range to be trading above of is the zone above $34-$37

For a buying opportunity, watch out for this range between $43-$45. Once retested as support, DOT will likely go into upwards continuation. The first target after hitting the all-time high is $75.

DOT/BTC – 0.0007000-0.0007150 is the preferred entry zone (conservative approach); 0.00075 is the aggressive approach. But to be really bullish on DOT on the BTC pair, we have to break 0.0009000.

ATOM/BTC – 0.0005700-0.0006100 best area for day trade opportunities

ATOM/USDT – currently at a potential area for a bounce. The best buy opportunity would be a retest around $29 area, next would be around $34-$37 area.

Target points for ATOM: $75; $100.

DISCLAIMER: THIS IS NOT FINANCIAL ADVICE. DO YOUR OWN RESEARCH.


ABOUT THE AUTHOR

Elisa A.

Elisa is our Head of Market Analysis at Rocket Crypto X

You can join her Slack channel to get real-time updates from the top Crypto influencers.

If you like her work, please help support the blog. Tip Elisa!

  • Ethereum
Scan to Donate Ethereum to 0xca97fF91396c7a3BFbBCE6a4fc4620B5cB644E90

Scan the QR code or copy the address below into your wallet to send some Ethereum

Tag/Note:- Rocket

CRYPTO DEALS

For more deals, check out our deals page

Leave a Comment

Your email address will not be published. Required fields are marked *