Bitcoin: Market tries to rebound

Bitcoin: Market tries to rebound

Cryptomarket tries to rebound after extensive sale starting on Wednesday, April, 25. Within the last 24 hours BTC is adding 4%. Now it is traded for about $9,250.

The sale started at the level around $9,700. The day after bitcoin was traded for about $8,700, having lost 11% of its cost. All the altcoins demonstrated the same picture.

Near the level of 10,000 the market sales have increased. It is evident that some players hasten to fix part of the profits from recent growth below 7,000.

The NewsBTC platform informs about movement of 16,000 BTC recorded on April, 26, and the same number of BCHs from the cold store by the trustee of Mt. Gox to several addresses. It can be the sign of a new stage of sale.

It is necessary to note that today's retracement of bitcoin is accompanied by decrease in volumes. It demonstrates a lack of confidence in this rally in the nearest future.

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