Bitcoin recovering to $10,000 could bring in new buyers

Bitcoin climbed back above $10,000 Thursday for the first time in two weeks and some analysts see the psychologically key level as a trigger for new buyers to come into the market.

In the week around Thanksgiving, Coinbase added about 300,000 users, helping send bitcoin from around $8,000 to $10,000.

For UK-based online trading platform eToro,

_user growth slowed down through the end of January — which was when bitcoin began dropping significantly. But the rate of withdrawals has not increased, _

indicating that users were not selling out and that demand from new customers may have helped previous price gains.