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. Hence, we witnessed downtrend in the last months with some exceptions. 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 83500$ level. BTC was on downtrend for weeks. At the start of the week, BTC started going downwards continuing its trend. But in the middle of the week, it reversed its movement again and started fluctuating. Due the break through the resistance level, BTC went up to the 87500$ level, which was clearly a resistance zone.
After the quick rejection movement, BTC went down to the level of 83300$. It is now again rising. BTC is now just below 87500$. It needs to beat the upper resistance as soon as possible. This is ultimately a 4.6% 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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It is a great post of Moving Charts: BTC Value Per Coin Analysis.
That's quite a nice analysis, I also think that 87,500 is the first important resistance. I hope it breaks and sustains above.