Bitcoin buyer pushes BTC price past $38K as traders demand key breakout
Bitcoin briefly spikes above the $38,000 mark as a new low-timeframe BTC price battle breaks out. Bitcoin (BTC) bulls kept the pressure on 18-month highs on Nov. 24 as analysis eyed buyer interest spiking. BTC/USD 1-hour chart. Source: TradingView Bitcoin fights for new 18-month high Data from Cointelegraph Markets Pro and TradingView showed the BTC price trajectory heading upward into the Wall Street open. The largest cryptocurrency saw increasing momentum during the Asia trading session, this nonetheless with its roots on derivatives markets. Following the action, popular trader Skew confirmed that a single entity was likely behind the latest charge on $38,000. “Some buyer probably single buyer is trying to push the market higher here ~ clear correlation between spot & perp CVDs / Delta,” he wrote in part of his latest post on X (formerly Twitter.) $BTC Update Looking like there's some direction buyer again here on binance - they're bidding spot & opening a long S...