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5.14 Bitcoin Evening Analysis
During the day, Bitcoin has been fluctuating around the 79,000 level, with slight pullbacks, but strong support below, followed by a quick rebound.
According to the daily chart indicators, as the price continues to rise from high levels, the lows of the pullbacks are also gradually increasing, and the overall upward channel is opening. From the 1-hour perspective, the KDJ three-line indicator is turning upward, forming a golden cross bullish pattern. The DIF line in MACD crosses above the DEA line from below, forming a golden cross, and the bullish momentum bars continue to grow, indicating that the bullish force still dominates, with room for further upward movement.
Trading suggestion: Lightly go long near 79,500-80,000 points, targeting 82,000-82,500 points#Gate广场五月交易分享