Bitcoin (BTC) earned $ 1,200 in 24 hours on March 12 while markets are shaking the weekend's depression below $ 8500.

Data from major exchanges including Bitstamp, Coinbase and Bitfinex BTC / USD at $ 9810 highs in four days.

<img alt=" BTC "src =" http://cointelegraph.com/storage/uploads/view/caecbbe0d94b25da4961590c7e72361b.png "title =" BTC "/>

Rising Prices, which translates into a 15.5% rise since Saturday, continues Bitcoin's behavioral pattern that traders have followed since February

. Analysts had predicted that an upward rise would only be possible that if the markets exerted a strong resistance around 12 000 dollars and closed above 12 400 dollars

.

News last week that the administrators of Mt. Gox were sellin However, huge Amounts of Bitcoin to repay creditors have changed the outlook, each sale having resulted in price declines on international markets

The stock of coins is not yet fully sold, with the prospect of new fluctuations

Within the cryptocurrency industry, the bullish sentiment remains strong

Tom Lee of Fundstrat Global Advisors, himself known for his support for Bitcoin, unveiled a "Bitcoin Misery Index". 9, a tool that sent a "buy" signal to markets and quickly saw the start of the 15.5% rise.

Talk about the Mount. Gox's question, Lee was relaxed and asked for calm

" It's a short-term concern, but that does not change anything ," he said to Barron the day of liberation. ]