Bitcoin price edges closer to $20K as ‘way worse’ US data boosts stocks

[Google News Bot]

Bitcoin (BTC) headed toward $20,000 as United States equities gained at the Oct. 17 Wall Street open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks climb as U.S. dollar heads lower Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $19,672 on Bitstamp, up 3.5% versus the weekend’s lows. The pair rose in line with stocks, with the S&P 500 and Nasdaq Composite Index gaining 2.7% and 3.2%, respectively within thirty minutes’ trading. The action combined with weak U.S. economic data in the form of the Empire State Manufacturing Index, which fel ...

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[Setho]

We have been around this range for a very long time now and I am really going to be happy if we are going to break it I do not mind if it is going to be awkward or downward.