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 114600$ 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 rising in middle of the week, eyeing to break 117500$. Luckily, BTC after several tries, broke the resistance level.
After the breakthrough, BTC gradually went up and up. It is rising on the bullish trendline that it created over the week. It is still slowly rising as of now. BTC is just above 120500$ currently. It needs to beat the upper resistance as soon as possible. This is ultimately a 4.8% gain in value over a time span of seven days.
10.422 SRY