5.29 BTC market analysis: Bitcoin consolidates at high levels, and continues to buy on pullbacks

Bitcoin prices rebounded to the 4-hour middle track today, and the price fell again after being under pressure near 69,000 above. In the short term, it is estimated that it will test the support of yesterday's low point of 67,300.

From the one-hour chart, the current price continues to move down the track. At present, the Bollinger Bands are slowly shrinking, the MACD fast and slow lines are running downward, and the KDJ three lines are turning downward and diverging. There is a need for a pullback in the short term. The upper pressure is near 69,000, and the support is near 67,500. Every pullback can be bought on dips. As long as the bottom support can be maintained, it is still very optimistic about the bulls. For specific details, you can find me for private chat.

BTC operation suggestions:

Take more when it falls back to around 67,300-67,800, with a target of 68,800-69,800, and a break of 71,500. Stop loss 66800

It is easy to be affected by emotions when dealing with the market alone, resulting in a long-term situation of more losses than gains. Friends who are not satisfied with the operation and can't find the direction can consult.

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