Hello everyone and welcome to everyone at **Tron Fan Club**. To our delight, the market has seen some positive signs over the past few days. Last week has been particularly good for most of the tokens. Throughout the market, there have been uptrends. And it is no different for BTC as well. There are some substantial gains on record. 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 68300$ level. It was already on an uptrend because BTC was rated below 63000$ the week before it. The resistance at 69900$ zone was very much strong. So it took two days to break through this level. After a quick retest, BTC started going upwards. The move soon became parabolic.
From the start of the week, a sharp bullish trend continued for BTC (shown above). This was mostly the momentum gained from breaking through the 60000$ resistance. Then over the next few days, it made a nice bullish trend. And unfortunately, it hit a wall around 73800$ and faced a reversal. Getting rejected this badly made BTC lose its strength and fall quickly. So it came down 66000$ zone, where it found strong support. Currently it's hovering between the 66000-71000 range.
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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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