Analysis $BTC on May 7:

- Daily Frame (D1): BTC, after hitting the 933 zone, quickly surged up to 97x. The volume is small, but it also indicates weak selling pressure and everyone is eagerly waiting for BTC to rise significantly.

Today's candle, after rising close to 98k in the morning, is showing slight signs of a correction down to 96x. However, I still believe today will continue to close with a green candle above the 98k zone.

Support: 955

Resistance: 980 - 100k

- 3-Day Frame (D3): The D3 candle just opened today, the D3 chart looks good, strong upward wave, and this D3 candle will have a new peak.

- Weekly Frame (W): The W frame looks quite good in the 96x zone, it seems that 933 has become the bottom of this week's candle. And this week is successfully pulling back a green tail as I predicted right from Monday.

=> Analysis:

- Yesterday, I predicted that 935 was not the bottom of this downtrend; I was expecting around 920-925. However, BTC rebounded strongly when it reached 933, showing clear signs of bottom formation, so I managed to call the group to close 50% of the short position at the exact bottom of 933 and then Long again at 943-945 very nicely to profit from the new upward wave.

- I still emphasize to everyone that this upward wave is the most important; it will be very long, and you should not miss it.

- I predict BTC today will continue to rise quickly, causing many to miss the boat.

- Is there a scenario where BTC drops to 92x to clear the liquidation before rising again? - It could happen, but the candle structure will need to change, and I will always update details for everyone in Telegram.

Good luck to everyone!