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. Hence, we witnessed downtrend in the last months with some exceptions. 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 85200$ level. BTC was on downtrend for weeks. At the start of the week, BTC started going upwards reversing its trend. But in the middle of the week, it reversed its movement again and started going downwards. The bearish trendline ultimately chose the fate of BTC, leading it downwards. Due the fall, BTC went down to the sub 82000$ level, which was clearly a support zone.
After the quick bounce movement, BTC went up to the level of 92100$. It is now fluctuating a lot. BTC is now below 83700$. It seems like BTC lost its lower trendline also. This is ultimately a **3.1%** 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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