Moving Charts: BTC Value Per Coin Analysis | 10% To @tron-fan-club

in Tron Fan Club2 months 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 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 104900$ 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, after a week long consolidation period, BTC started trying to break the resistance at 111000$ and continuing its attempt currently.


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After the rejection at 110500$ resistance, BTC started falling. It recently formed the boundary of bullish trendline. It is still consolidating as of now. BTC is just above 109400$ currently. It needs to beat the upper resistance as soon as possible. This is ultimately a 4% gain 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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