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 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.
![20221225_013634_0000.png](https://cdn.steemitimages.com/DQmWQfcT4NRYHYhvHLDSbeeVdDcRsC3xC4m1rLo2D4muTaf/20221225_013634_0000.png)
![1000036952.jpg](https://cdn.steemitimages.com/DQmZFoQDxktYWbXgFx3aHxCCpunZivXQZCp17wqHnVPpJr3/1000036952.jpg)
Last week, the King of Cryptocurrencies, BTC was hovering above the 104000$ level. BTC started its renewed uptrend only a few weeks ago after a nice reversal, At start of this week, BTC was slowly rising. But suddenly, BTC started falling in the middle of the week, falling up to 100300$. Luckily, BTC had a great bounce at that level and quickly started going up. This bounce caused the BTC to regain the bullish trendline that it created over a week.
![1000036953.jpg](https://cdn.steemitimages.com/DQmcYwJNUPfAqndaRdTtJ3WqVMbFY9wMYh2cc69E1iuQGj9/1000036953.jpg)
After the bounce, BTC quickly broke through the 104400$ resistance. After the break-through it rose sharply. It recently formed the boundary of bullish trendline. It is still rising as of now. BTC is just above 107200$ currently. It needs to beat the upper resistance as soon as possible. This is ultimately a **3.2%** gain in value over a time span of seven days. --- 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.

*[VOTE](https://steemitwallet.com/~witnesses) @bangla.witness as witness* [![witness_vote.png](https://cdn.steemitimages.com/DQmW8HnxaSZVKBJJ9fRD93ELcrH8wXJ4AMNPhrke3iAj5dX/witness_vote.png)](https://steemitwallet.com/~witnesses) *OR* *[SET](https://steemitwallet.com/~witnesses) @rme as your proxy* [![witness_proxy_vote.png](https://cdn.steemitimages.com/DQmRXkkCEbXLYwhPEYqkaUbwhy4FaqarQVhnzkh1Awp3GRw/witness_proxy_vote.png)](https://steemitwallet.com/~witnesses)