5.7 Bitcoin market analysis: Bitcoin remains bullish, a small-level 5-wave upward trend has been formed, and is currently in a healthy correction. Pay attention to the resistance level near 67,000 (Bitcoin Contract Trading) C

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

5.7 Today’s Bitcoin price trend: The current price of Bitcoin is consolidating between 63,000 and 64,000 US dollars. From the perspective of wave structure analysis, a healthy rising five-wave structure has been formed since the rise from $56,700.

The next level of resistance for Bitcoin is around $67,000. A direct break above this resistance level would be a positive sign. Even if there is a correction, it may just be to build a head and shoulders bottom pattern, and the overall upward trend remains unchanged. At present, long orders are still held. It is recommended to partially take profits, but it is not recommended to completely close the position.

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⚠️ Important statement: The video is only for personal experience sharing and prediction, not investment advice. The market is changing rapidly, risks are everywhere, and investment requires extreme caution. Market analysis strives to be objective and fair. However, the information and opinions contained in the article are for reference only and do not constitute any investment advice for you. Operations based on this are at your own risk, and the author of this video does not assume any responsibility. The trading decisions made by investors still need to be based on their own risk tolerance.
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