Bitcoin Price Returns Above $ 10,000 And Updated 2020 High

Tonight, February 11, the price of bitcoin accelerated growth and for the second time this year overcame the $ 10,000 mark. At the time of writing, cryptocurrency is trading at $ 10,229 (according to CoinGecko).

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February 9 quotes for &#171;digital gold&#187; rose above $10,000 for the first time in 2020, but peaked at $10,157 before the price pulled back.

Amid a decline, CoinDesk Markets analysts said that in case of breaking through the support level at $ 9586, the next target will be $ 9188. But the cryptocurrency survived, not dropping below $ 9,700.

According to Dmitry Gurkovsky, lead analyst at RoboForex, Bitcoin is set to update local highs at $ 13,800.

Over the past 24 hours, the price of some leading altcoins has risen even more than Bitcoin. Tezos and EOS coins have gained 5.7% and 4.7% each in the last 24 hours.

Quotes of the second Ethereum cryptocurrency capitalization rose to $ 229.

Data: CoinGecko

Recall Fundstrat Global Advisors experts athis forecast predicted the price of bitcoin to grow by 100% for 2020. At the same time, co-founder of the company Tom Lee believes that quotes of the first cryptocurrency will add 200% within six months.