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.
Last week, the King of Cryptocurrencies, BTC was hovering little over the 74000$ level. BTC then started to gain some last week after the reversal. At start of this week, BTC was drifting. 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 70000$ region. It held on but nothing is certain with the current state of things. BTC is currently ranging between 70000$ and 73000$. The situation is quite volatile and with the context of ongoing war, things are going to get messy.
It is currently below the bearish trendline that it created over the week. I believe the price will fluctuate further. For the obvious reasons. BTC is just over 70000$ currently. This comes as the US president announced some positive news and is reactionary. It needs to hold onto the support level as firm as possible. This is ultimately a **4.1%** loss 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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