2025/05/06 - Bitcoin's intraday trend forecast for today
Currently, the small time frame is forming an ascending flag pattern, with the bottom tested 3 times.
I believe it will test the upper level 3 times, which means it will rebound to a higher point, likely around 95400 to 95600. This also aligns with the rebound high point position mentioned yesterday.
Then it will start to decline. The first phase of the correction target is 90000 to 91000.
The method for entering short on the left side is to build a position directly near 95400.
The right side is to enter short after breaking below the trend line.
