BTC analysis on May 27:
The recent trend of Bitcoin is weak, and it is in a sideways phase. After adjustment, the current price is also running around 69200, and is in an upward pressure range. Watch whether it breaks through!
Trend: From the daily level, after breaking through the flag channel last week, it stayed for a short time and then fell back into the flag channel, and began to sideways to test the pressure of the trend channel again. If the daily line effectively breaks through the trend pressure, it is expected that there will be a wave of bullish waves in the future, hitting the historical high. From a small level, there are signs of starting to rise again in four hours.
Point:
Upper pressure range: 70500, 71500
Lower support range: 67200, 66800
