5-22 Bitcoin Early Morning Analysis:

In the 1-hour candlestick chart of Bitcoin, the moving average system shows a clear upward arrangement. The short-term moving averages continue to cross above the medium to long-term moving averages, maintaining an upward divergence trend, demonstrating strong bullish momentum.

This afternoon, the market experienced a brief pullback before quickly rebounding, further confirming the validity of the key support level.

As long as there are no significant negative news impacts, there is hope to continue the upward trend. It is recommended to seize bullish opportunities when the price retraces to support levels. #BTC再创新高

Bitcoin: Bullish around 105500-106000, target 107000-108000$BTC