Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it rose almost $3,000 in minutes after hitting multi-day lows of $56,640 on Nov. 22.
The pair had seen strong rejection after briefly breaking the $60,000 mark, this now clearly acting as resistance and a critical level to break in order to continue the bull run.
As Cointelegraph reported, opinions continue to favor a return to full-on gains for Bitcoin, albeit with the specter of missing the predicted “worst-case scenario” monthly close by a considerable margin looming in the background.