May 17
Bitcoin 24-hour market forecast 😜😜😜!!!
Finally, it’s the weekend 😝. This week has actually been very, very flat, just a range of oscillations. The upper resistance level is at 104500, and the lower support level is at 102000~ going back and forth~
In fact, we talk about these support and resistance levels in our daily videos, and everyone must have remembered them~ There have been 2 opportunities to short at 105000~ and the plan to long at 102000 also has 2 opportunities~ If you can seize them, then it won’t be in vain to have watched the market this week~
Currently, Bitcoin is still maintaining a “high-level oscillation” trend, because Trump is wreaking havoc in the Middle East, single-handedly saving the U.S. stock market~ So, as long as the U.S. stock market does not show a clear correction, the possibility of BTC breaking down is low~
Our prediction for the U.S. stock market is that it may start to correct next Monday~ so Bitcoin's trend will be similar~ The weekend will likely still maintain an oscillating pattern, continuing until next Monday~ Therefore, what we need to do is continue to trade within this range~
The major upper resistance level is at 105000, and the minor resistance is at 104000.
The major support level is at 102000, and the minor support is at 103000~ 😁😁😁😁😁
