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.
![20221225_013634_0000.png](https://cdn.steemitimages.com/DQmWQfcT4NRYHYhvHLDSbeeVdDcRsC3xC4m1rLo2D4muTaf/20221225_013634_0000.png)
![Screenshot_20240421-004224_Binance.jpg](https://cdn.steemitimages.com/DQmQLdVNGJFgcLTtLmSEtkbRB8gYAxo7PLJ2x35wPjtkabW/Screenshot_20240421-004224_Binance.jpg)
Last week, the King of Cryptocurrencies, BTC was hovering around 67000$ level. BTC was on uptrend for weeks. But these last few weeks were a bit different. These were the weeks of correction. BTC made swift moves and even came down to 59600$ before bouncing back. This week started with BTC losing the strong support zone of 61900$.
![Screenshot_20240421-004246_Binance.jpg](https://cdn.steemitimages.com/DQmfEH4EcWFPzRZiWYkAnooQ73wMLFYmKrp3ajSLiLkKnvi/Screenshot_20240421-004246_Binance.jpg)
After losing the support, BTC fell quickly and came down to 59600$. However, bounced back in an instant. After the bounce at the 59600$ zone, BTC went up to the 63800$ level. Over the week, BTC created a bearish trendline. After bouncing back again at the support level, it eventually broke through the trendline. Currently, it clear that BTC needs to hold onto the support level of 59600$ zone and break-through 65200$ level. It is now at 65000$. This is ultimately a **3%** lose 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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