Bitcoin (BTC) hit $ 15,000 on Nov. 5 when excitement over the US election flooded from macro markets.

Data from Cointelegraph Markets and TradingView showed that BTC / USD tackles the $ 15,000 barrier repeatedly throughout the day, eventually breaking it to post press time highs of $ 15,200.

BTC price is going up $ 1,000 a day

The move seals a hectic day for Bitcoin, which traded below $ 14,000 just 24 hours ago. The last time BTC / USD saw $ 15,000 was in early January 2018.

BTC / USD weekly chart. Source: Tradingview

Many well-known Bitcoin figures responded that it was high time for the largest cryptocurrency to take a decisive step. Macro investor Dan Tapeiro particularly praised the pricing models of quant analyst PlanB.

“Now entering what has been called the ‘moment of realization’ for #Bitcoin,” he tweeted.

Let’s give (PlanB) some credit here. I like this model that chose the top end of ’17 and especially the bottom of early ’19. We are now in what I call the sweet spot of the hodlers. Get paid to sit. “