Bitcoin prices hit weekly highs of $ 11,189 on Monday, February 19 while the largest cryptocurrency encountered resistance around $ 12,000. By Coinmarketcap showed BTC / USD suddenly regain $ 11,000 before the spill reversed to just under $ 11,200.

<img alt=" Bitcoin Chart "src =" http://cointelegraph.com/storage/uploads/view/58eebfd18f678b9ffb8ae1ffdfb05b41.png "The last peak is about $ 700 lower than the peak of 11,901 $ of Bitcoin in 2018, reached February 21 before a much anticipated capitulation, which dropped to about $ 9,500 last week.

Problems escaping a tight price cycle were put in evidence in February by commentators, including Tone Vays, commercial educator and an online analyst known as Filbfilb, which foresaw a bearish profit taking, 400 at the height of February 21.

Bitcoin is nevertheless outperforming the altcoins on Friday as market sentiment produces broad declines for the majority of non-Bitcoin assets.

BTC also managed to recover market capitalization shares in the second half of the is last, rising to more than 40% of the total market

The optimism around Bitcoin seems steeped in the technical improvements of its network that has benefited from a boost last week.

<img alt=" Capitalization of the markets "src =" http://cointelegraph.com/storage/uploads/view/3a7b6d0a2e31c609a4f11a57155bc15f.png "title =" Capitalization of the markets "/>

Witness segregated ("SegWit"), a protocol that offers users faster and cheaper transactions, has received full support in the latest version of Bitcoin Core client, 0.16.0.

Bitcoin supported the protocol in parallel with the implementations of SegWit by the main centers Coinbase and Bitfinex.

SegWit now accounts for nearly 30% of the total number of Bitcoin transactions, data show.