Bitcoin (BTC) enjoyed some strong positive price action over the weekend, especially on Saturday, when it moved within striking distance of $11,000 mark. Having opened the Saturday session at $10,519.28, the digital coin rose to as high as $10,946.78, before finishing the day at $10,821.73.
BTC experienced some pullback on Sunday morning, as its price tumbled towards the $10,600 mark. However, the coin’s performance improved in the afternoon allowing BTC to erase its early loses. In late trading, the coin hit a 15-day high of $11,009.21 and eventually closed the session at $10,970.18.
The coin has managed to advance further in today’s morning session and is now approaching the next major barrier. Earlier today, the coin was trading at $11,778.16, which was its highest price level since July 13. At the time of writing, the Bitcoin price was hovering around the $11,720 level, according to data from digital currency tracker Coinmarketcap.
Some experts have suggested that geopolitical tensions, such as the ongoing trading war…