#BTC走势分析 #BTC

I haven't analyzed the market for a few days. Today I will summarize the market trend!

BTC May 6 Analysis:

Market Review: At the beginning of May, Bitcoin began to fall and fell to the lowest point near $56,500, and also fell below the flag pattern of the daily line. However, it did not stand firm and began to rebound rapidly. The current price is running around $64,000, and it has returned to the flag channel of the daily line. This break can be regarded as a false break!

Current market trend: Bitcoin began to run at $64,000, and the highest point of the rebound after this decline was around $64,600. The current trend has begun to weaken relatively, and the strong pressure position above is in the range of 66,800-67,100. The current market sentiment has begun to improve. As we all know, the Grayscale spot ETF has begun to flow in, and the subsequent market trend will be much smoother.

Currently, the flag pattern of the daily line showed a false break and then rebounded quickly. So will there be a symmetrical upward breakthrough?