Moving Charts: BTC Value Per Coin Analysis | 10% To @tron-fan-club

Hello everyone and welcome to everyone at Tron Fan Club. With the recent movements from Bitcoin, it has puzzled everyone. The volatility was at peak last week. Let's take a look at the King of Cryptocurrencies, Bitcoin's performance in the last seven days.

With a slow start, the week soon turned out to be full of actions. We started by hovering just above the 27900$ region. There was a confirmed support level at 27250$. So, when BTC, all of a sudden, fell to that level earlier, it bounced.

After hovering around 27900$ for a while, BTC started to fall very fast. The support at 27200$ zone helped BTC to get back on its feet. After the bounce, BTC again fell. But the luck was not its favor twice.

Currently BTC is in crucial level as there seems like a trendpoint ahead of it. The bearish line was forming for almost a week. So if BTC can break it, there is chance that it can get another attempt to break the resistance at 28000$.

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All Screenshots are taken from Binance

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Nobody knows what's coming next. We may fluctuate between the confirmed support level and resistance for a while, which are 26000$ and 28000$ respectively. The news from outside world may direct BTC to where it would go next.

Market is very volatile right now as it has always been. So, if you are investing or trading, be always cautious. No words from this article should be taken as financial advice.

Thank You for reading.

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