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 under the 27100$ region. There was a confirmed resistance level at 27200$. So, when BTC, all of a sudden, crossed that level, the price skyrocketed.

After the break-through, BTC started to rise very fast. But sadly, the resistance in 28600$ zone rejected BTC. After the rejection, BTC got to the place from where it started at the first place. But that was not the end of it. BTC bounced at the new support level at 27200$ twice.

On 05 October, the failed attempt to rise led to a sharp fall. But BTC again bounced at the same level. This time the strength was enough to breakthrough the bearish line. Currently, a bullish trendline is seen, which BTC needs to hold onto.

---

All Screenshots are taken from Binance

---

Nobody knows what's coming next. We may fluctuate between the confirmed support level and resistance for a while, which are 27000$ and 28500$ 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.

VOTE @bangla.witness as witness

OR

SET @rme as your proxy