Bitcoin price hits $19K as bulls show no fear of record futures gap

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Bitcoin price hits $19K as bulls show no fear of record futures gap

Bitcoin (BTC) returned to $19,000 on Nov. 30 as a weekend surge continued to produce fresh gains for investors and hodlers.

BTC price up 18% against weekly lows
Data from Cointelegraph Markets and TradingView showed BTC/USD retaking another key psychological level during Monday trading.

The weekend had already produced major upside for the pair, which late last week dived to $16,300. By the start of Monday, $18,600 had appeared, with Bitcoin going on to deliver returns of at least 17% versus those lows.

As Cointelegraph reported, a giant $1,300 CME futures gap threatens to take the market lower, but buyers so far remain unfazed. At press time, highs above $19,200 were in progress with around half an hour to go before the start of trading on Wall Street.

https://cointelegraph.com/news/bitcoin-price-hits-19k-as-bulls-show-no-fear-of-record-futures-gap