5.15 Bitcoin Evening Analysis



During the day, Bitcoin fluctuated around 80,500, and in the evening, it declined gradually to around 78,600, but the support below is very strong, and it has been oscillating around 79,000 points.

From a technical perspective, there may be a wave of correction later. Looking at the 15-minute indicators, the three moving averages of KDJ are currently turning upward, forming a golden cross indicating a bullish trend, and the MACD bearish momentum bars are gradually shortening, which means the bearish momentum is insufficient, and the bulls will take the lead in the future.

Trading suggestions:
Light positions to go long around 78,500-79,000, with targets of 82,000-82,500.
BTC0.85%
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