$BTC 5.21 Bitcoin market analysis: Since April, we have maintained a bullish attitude, and the bullish structure has lasted for more than a month. During this period, we have been recommending long positions. On May 15, we still firmly believe that the market will break upward, and believe that 56,000 may be the bottom, and continue to recommend long positions.
Currently, Bitcoin has come above 70,000 again, and continues to be bullish on new highs. At the beginning of the 2-day line level rise, MACD only has one green column, and the market is unlikely to plummet. The support level below Bitcoin is around $65,000, and the stop loss can be set near the support.
