#BTC

BTC Friday trend analysis on May 17th:

K line shape:

●The recent 4-hour K-line shows that the price has fluctuated greatly, and some candle charts with long upper and lower shadows have appeared, indicating that there is controversy in the market and that the power of buyers and sellers is balanced.

●On the daily level, there was a volatile upward trend from May 15th to May 17th, but the increase slowed down.

Volume:

●4-hour K-line trading volume began to decrease after peaking on May 15th, indicating that market participation has declined.

●On the daily level, trading volume also increased significantly on May 15th, and then gradually decreased, reflecting that the market entered a relative cooling-off period after a period of active trading.

Focus on BTC5.17:

Lower support focus point: 64500-64000

The upper pressure focus is: 67000-67500