Moving Charts: BTC Value Per Coin Analysis

in Tron Fan Club6 days ago


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 a 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.


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Last week, the King of Cryptocurrencies, BTC was hovering above the 88000$ level. BTC then started to lose ground last week after a reversal, At start of this week, BTC was slowly holding its ground. But suddenly, BTC started to move downward, fluctuating heavily. Unfortunately, it fell far below the support level of 80000$.


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It is below a bearish trendline that it created over the week. BTC is just over 78000$ currently. It needs to hold onto the support level as firm as possible. This is ultimately a 11.4% 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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