A year ago Bitcoin was plotting something… bouncing off strong support and trading close and below a best respected resistance line caught our eyes:
![Click to Enlarge](https://automatka.trade/wp-content/uploads/2023/06/BTCUSD-1w-ib-20230604-automatka.png)
Then it revealed its plan – and there came the break:
![Click to Enlarge](https://automatka.trade/wp-content/uploads/2023/06/BTCUSD-1w-ol-20230625-automatka.png)
The cryptocurrency’s price had challenges at the $30K level. After a few weeks of struggle – it dropped. However, it was beautifully held by its once-resistance-now-support moving average lines:
![Click to Enlarge](https://automatka.trade/wp-content/uploads/2024/05/BTCUSD-1w-ol-ib-20230910-2006-automatka.png)
After a few good weeks of rest Bitcoin launched its upward attack:
![Click to Enlarge](https://automatka.trade/wp-content/uploads/2024/05/BTCUSD-1w-ol-ib-20231205-1819-automatka.png)
What a remarkable journey!
![Click to Enlarge](https://automatka.trade/wp-content/uploads/2024/05/BTCUSD-1w-ol-ib-20230519-1201-automatka.png)
We previously published 23 posts on Bitcoin, catch them all here.