Bitcoin, the world’s top cryptocurrency to date, is continuing its price increase. After successfully establishing support zones at $17,000 and $17,500, the crypto leader aimed at the $18,000 level.According to data from Cryptobrowser.io, Bitcoin broke above $18,000 in the early hours of November 18, reaching $18,463. Shortly after the yearly high, Bitcoin saw a massive price correction, which tumbled its price below $17,500. However, with trading volumes steadily increasing, Bitcoin bounced back and is currently trading at $18,201.34, marking a 7% price increase.Source: CryptoBrowser.ioThe price increase may be far more connected to global market movements and the Asia-Pacific region, as China’s de-dollarization accelerates as U.S Treasury holdings near 4-Year lows, and constant development of the DC/EP digital yuan stablecoin. Furthermore, Chinese regulatory hurdles, which are heavily affecting one of China’s biggest fintech giants — AntGroup, may not be enough for stopping AntGroup from conducting the biggest IPO in history.Meanwhile, the technical indicator picture confirms that $18,500 remains a short-term resistance for the top cryptocurrency. Despite reaching $18,500 on crypto exchanges like Binance and Coinbase, the correction was quick and BTC went below $17,600, which in turn means $18,500 is a key area of interest for sellers to defend. If Bitcoin breaches $18,500, crypto experts are certain a broader rally would be imminent.Also, the vast majority of Bitcoin, held in wallets remains profitable. According to data from IntoTheBlock, 99% of Bitcoin wallet addresses are now in a state of profit. Further, most of the crypto trading world set its eyes on eventual dips, which may be aggressively bought, resulting in further fueling Bitcoin’s rise to all-time high levels.The “buy-the-dip” thesis was confirmed by 10T Holdings co-founder Dan Tapiero, who is confident about Bitcoin’s mid-term future.“Not often in life do you get to look at a chart like this one. Bitcoin to…