Moving Charts: BTC Value Per Coin Analysis | 10% To @tron-fan-club
Hello everyone and welcome to everyone at Tron Fan Club. After creating a new all-time high in January 2025, Bitcoin has been consolidating for a long time. Recently, after long consolidating period, it started going up again. Today we will look at the price movements of BTC and reflect on where it could go next.
Last week, the King of Cryptocurrencies, BTC was hovering above the 114100$ level. BTC started its renewed uptrend only a few weeks ago after a nice reversal, At start of this week, BTC was slowly fluctuating. But suddenly, BTC started to move quickly, falling towards 107000$. Luckily, BTC got a nice support at that level and got bounced off.
After the fall through at 110700$ and subsequent bounce, BTC is now slowly gaining strength. It is below the bearish trendline that it created over the week. BTC is just above 108500$ currently. It needs to beat the upper resistance as soon as possible. This is ultimately a 5.2% loss in value over a time span of seven days.
All Screenshots are taken from Coingecko
No words from this article should be taken as financial advice.
Thank You for reading.
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