India, Jan. 17 -- Bitcoin continued its rally towards the $10000 mark this week, reaching as high as $8950 on Friday. It was the best price recorded in 67 days, and in 2020.

That was more than $1100 higher than the price recorded last Friday.

In the last seven days, the most popular cryptocurrency improved its value by more than 12 percent.

At the time of writing this, Bitcoin was trading at $8825.

Bitcoin has been showing signs of resurgence in the New Year after a relatively dull December.

After dipping below $7000 on January 2, the coin displayed a strong performance by rising steadily overall, and within the next two weeks, it crossed the $7000 and $8,000 resistance levels, and headed towards the key resistance level of $9000.

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