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 a 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.
This week BTC started by hovering just around the 78000$ level. BTC then started to range throughout the week as the overall week was uneventful. At start of this week, BTC was losing some momentum. This was in accordance to the broader financial markets, which is now unified under risky assets due to the war. BTC fluctuated heavily to hold onto the 78000$ region. It then had a pump up to over 80000$. BTC is currently holding onto the 80000$ level. The situation is quite volatile and with the context of ongoing war, things are will be uncertain.
It is currently above the bullish trendline that it created over the week. I believe the price will fluctuate further. For the obvious reasons. BTC is just above 80000$ currently. Towards the end of the week the new pump saw BTC gain these heights. It needs to hold onto the support level as firm as possible. This is ultimately a **4.8%** gain in value over a time span of seven days. But that is only on paper, reality is that BTC very volatile for now.
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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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