5.13 Bitcoin market analysis: Bitcoin has been consolidating in a range for 60 days. It is a consolidation that continues to rise. The general direction remains bullish. The main focus is to open long positions in batches on

What is the trend of Bitcoin today? What is the Bitcoin prediction?

5.13 Today’s Bitcoin price trend: Bitcoin’s current range consolidation has lasted for 60 days. From the perspective of the large structure, Bitcoin has not reached the top, but is on the rise relay of the upward trend.

From a wave perspective, Bitcoin’s price structure shows a falling wedge trend, with subsequent bullishness. Currently, the key trend line resistance is around $64,000. Once it is breached, the consolidation will most likely end and a new round of rise will begin.

Bitcoin is in the fifth wave of decline, with support in the 59,500 to 57,000 range. It is recommended to place multiple orders in batches from the range of $60,000 to $57,500.

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