Analysis of the trend of the bitcoin market today and forecast of the bitcoin market

5.20 Today's bitcoin market: The target bitcoin market is fluctuating and consolidating in the range of 66000-67000. The next support position is around 65000-64000. If it quickly recovers after a pullback to the range of 65 64, we will consider entering the market to arrange long orders. If it fails to stand in the range of 65 64, then we will arrange short orders. Today, we will specifically see whether the bitcoin market will rebound strongly to the position of 67000. After it stabilizes, it is expected to have a good trend. There is a strong resistance near 67500-68000. The resistance position has been tested upward many times in the past few days, but the potential energy is insufficient. It is still in a correction and consolidation stage. Let us look forward to the performance of the bitcoin market in the future.

The above views are for reference only and are not investment and trading advice;

The market is risky and investment should be cautious.