Last weekend the price of Bitcoin once again surpassed the $ 10,000 mark. However, the bullish movement did not continue, resuming trading at $ 9600 support.

Bitcoin volatility is up at the beginning of the week, after trading down in the penultimate week of February.

Drop in Bitcoin price was fatal earlier in the week, traders are liquidated. Although many traders still hold out hope for miraculous highs in the price of Bitcoin, this is not the time for the short term.

Bitcoin approached $ 10,000 last Sunday (23), but it did not sustain the upward movement for many hours.

That is, in addition to those who lost due to the currency devaluation itself, others were liquidated by operating perpetual Bitcoin futures contracts. The so-called futures contracts do not generate immediate settlement, but on the agreed date to expire.