Hello everyone and welcome to everyone at **Tron Fan Club**. To our delight, the market has seen some positive signs over the past few weeks. Throughout the market, there have been uptrends. But a correction and some consolidation became inevitable. And it is no different for BTC as well. So, we saw BTC fluctuate a lot under the strong resistance zone. 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 around 65800$ level. BTC was on uptrend for weeks. But this last two weeks were a bit different. These were the weeks of correction. BTC made swift moves and even came down to 61100$ before bouncing back. A crucial thing that can be noticed on the chart is the bullish trendline that BTC created last week. This trend is pushing BTC to upside.
After the bounce at the 62200$ zone, BTC went up to the 66000$ level. Breaking through this level, BTC made bigger moves in the middle of the week. Currently, it clear that BTC needs to hold onto the trendline shown above and break through the resistance cloud of the 72500$ zone. It is now at 71000$. This is ultimately a **8%** gain in value over a time span of seven days.
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All Screenshots are taken from [Coingecko](https://www.coingecko.com/en/coins/bitcoin#usd)
**No words from this article should be taken as financial advice.**
Thank You for reading.
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