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There is no destructive negative news. Bitcoin 56,000 is the bottom area
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🔹Reviews of Cognitive Society
On May 5, Bitcoin fell back to the lowest point of 62,800, which coincided with the support level of 62,500 in the article of Cognitive Society yesterday.
On May 4, Bitcoin surged to 64,600, which is perfectly consistent with the pressure point of 64,600 in the Cognition Society article yesterday.
Bitcoin fell back as expected, with the lowest price of 62,800 exceeding the expectations of the Cognitive Society, which is considered to be extremely strong.
The long lower shadow of Bitcoin's weekly chart shows that the bottom-fishing power is super strong. The incremental funds broke the third historical bottom of Bitcoin. Grayscale's increase in positions will become an important moment in the 24-year bull market.
🔹Reviews of Cognitive Society
On May 5, Bitcoin fell back to the lowest point of 62,800, which coincided with the support level of 62,500 in the article of Cognitive Society yesterday.
On May 4, Bitcoin surged to 64,600, which is perfectly consistent with the pressure point of 64,600 in the Cognition Society article yesterday.
Bitcoin fell back as expected, with the lowest price of 62,800 exceeding the expectations of the Cognitive Society, which is considered to be extremely strong.
The long lower shadow of Bitcoin's weekly chart shows that the bottom-fishing power is super strong. The incremental funds broke the third historical bottom of Bitcoin. Grayscale's increase in positions will become an important moment in the 24-year bull market.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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