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 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.
Last week, the King of Cryptocurrencies, BTC was hovering above the 100000$ level. BTC started its renewed downtrend only a few weeks ago after a nice reversal, At start of this week, BTC was slowly rising. But suddenly, BTC started to move quickly, fluctuating heavily. Unfortunately, it lost the important support level of 100000$.
It is below the bullish trendline that it created over the week. BTC is just above 103600$ currently. It needs to beat the upper resistance as soon as possible. This is ultimately a 6% 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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