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A Wang An An 5.7 Bitcoin Daily Chart Analysis:
Current price 81005, broke below the Bollinger middle band at 81590, short-term resistance is obvious, the upper Bollinger band at 82325 forms strong resistance above, the lower band at 80855 provides support. MACD red bars are expanding, DIF and DEA are turning downward from high levels, indicating bearish momentum is releasing! ATR remains at 424, volatility is still active. Short-term rebound is weak; if it cannot regain above the middle band, it is likely to test the lower Bollinger band support!
Trading suggestions:
The overall rhythm of Bitcoin is mainly cautious, focus on the effectiveness of support around 80650, if support is broken, target 805-785, with strict stop-loss! $BTC #Gate广场五月交易分享 #加密市场回升 #比特币站稳8万关口