Bitcoin is down from $ 11,500 to $ 11,000 support

Bitcoin rebuilds its $ 11,000 support after reaching a peak of $ 11,528 on Sunday, according to the latest cross-trade data.

According to report, Bitcoin returned at the $ 11,000 mark at the beginning of the Sabbath before the day after the $ 12,000 jump-started.

Bitcoin prices have continued to struggle with $ 12,000 resistance, analysts say in recent weeks. As it was reported on Friday, the additional increase is dependent on prices that compensate for a significant area below $ 12,400. Since prices point downwards to Monday, the technically advanced record for Bitcoin remains strong.

After being fully supported by the segregated witness technology (SegWit) in last month’s edition of the customer, Bitcoin Core now has more nodes in its network than ever before in history. SegWit, which provides faster and cheaper Bitcoin transactions, now accounts for about 29% of total BTC transactions sent after large stock exchanges that have also implemented Coinbase and Bitfinex.

Later, the rapid growth of lightning network continued to point to the feeling behind Bitcoin as the remaining currency. Technology, ultimately making Bitcoin’s immediate transactions virtually free, now has nearly 1,000 nodes operating on its main network, despite the reluctance of some figures known in the Bitcoin industry.

The picture is a big contrast with altcoins on Sundays, and many of the top 50 Coinmarketcap have lost a few percentage points within 24 hours of closing. Stellar is a significant exception, up to 9.35% in the same period.