$BTC Price action recovery—throughout the entire night, it didn’t fall below the key support level.
On the first day of May, I personally think the market will undergo a recovery. The highest it could reach is around 77.5k. After running into resistance, it will pull back downward. If you want to buy long at this point, you can try it. If you don’t want to buy long, you can wait and look to short around 77.5k.
In the short-term market battle, from 5.1 to 5.3 the market will move in a recovery mode. Only starting from 5.4 to 5.5 will a big trading opportunity show up. As long as it doesn’t break above 79k, the overall market still remains in a downtrend.
On the first day of May, I personally think the market will undergo a recovery. The highest it could reach is around 77.5k. After running into resistance, it will pull back downward. If you want to buy long at this point, you can try it. If you don’t want to buy long, you can wait and look to short around 77.5k.
In the short-term market battle, from 5.1 to 5.3 the market will move in a recovery mode. Only starting from 5.4 to 5.5 will a big trading opportunity show up. As long as it doesn’t break above 79k, the overall market still remains in a downtrend.






