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$BTC Bitcoin today publicly referenced:
From the daily chart, MA5/10/20 are in a bullish arrangement, and the price is above the MA20 (80,800), forming a strong support zone; the upward trend since 59,800 remains intact.
From the 4-hour chart, the pullback to EMA30/60 (80,800-81,000) has stabilized, the moving averages remain in a bullish arrangement, and support is effective.
The Fed's rate cut expectations are heating up, dollar liquidity is easing, which is positive for crypto assets.
On May 14, the U.S. Senate will review the crypto regulation bill, which is expected to be positive and may trigger a rebound.
Trading suggestion: pull back to around 80,500-80,000 and move northward
First 🎯81,500
First 🎯83,000
If the pullback breaks below 80,000 and does not rebound effectively 🉑 then follow the trend southward
$BTC #Gate广场五月交易分享 #比特币波动