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Cryptocurrency News Video

Bitcoin market trend analysis in May, will #btc fall below 50,000?

May 02, 2024 at 01:06 am Sunflowerlabs丨白先生

HI, hello everyone, I am Mr. Bai, your good partner on the road to study! Twitter: @Baisircrypto, today is the first day of May. The pie fell below 60,000 to 57,000, and ETH also fell below 3,000. So what will happen next? , so today I rushed to record this episode and share my views on the market.

Judging from the monthly level, they have been rising for 7 months, and the decline is also a normal trend. The negative line has been closed in April, and the Air Force's emotions have not been fully digested, so I don't have much hope for May. It is still mainly about closing the negative line, and there is even the possibility of a larger decline. Under normal circumstances, if it was a negative line last month, we will most likely think that this month will still be a negative line. You can look at the historical K-line. This probability It's quite high~
Video source:Youtube

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