The price of Bitcoin (BTC) fell yesterday for a few minutes to a low of $ 10,152 but quickly recovered. In the last hours, the leading cryptocurrency even surpassed its previous level and, at the close of this publication, it is trading above $ 10,687, representing a daily growth of 1.7%.
Since last Monday's crash, BTC has tried to rally amid a downtrend and without too many factors to incentivize the upside. The price of the cryptocurrency tried in recent days to overcome the barrier of USD 10,500, and only today managed to pass it, even exceeding USD 10,600.
However, the specialists warned that the asset may fall back to four figures in case of experiencing a new rejection to the upper levels. If it falls, and then rebounds, experts are already forecasting a new bull cycle.
The most optimistic, on the other hand, suggest that if BTC confirms today's upward move - surpassing the $ 10,700 barrier - a new attempt to pierce 11K could be seen.
The altcoin market featured some interesting movements, albeit disparate among the major tokens. Ethereum (ETH), an alternative cryptocurrency of reference, was the one that had the most growth on Wednesday. With a daily growth of 2%, ETH reached the level of $ 345.
On the other hand, both Bitcoin Cash (BCH) and Litecoin (LTC) rose less than 1% and their price today is around 216 and 44 dollars, respectively. XRP, finally, did not suffer the same fate and fell almost 0.9% towards $ 0.22.
