Bitcoin latest update

Today, the #BTC showed a downward flag pattern, with a strong pole cuff sticking down to $ 7,100. After that, I showed up again and again, showing the shape of the U-shaped pattern that I have been seeing since then.

I told you yesterday's briefing that I could stick a few more times before the beginning of June, but I think I can think of it once or twice in a while though it is a little less than I thought. The second drop may or may not be. As a result, our team will recommend a steady stay at BTC 7300 or lower. Obviously it is a dividend buyer and you have to keep cash but it is okay to hold a high percentage.

There are three main reasons why our team signals buying at the moment.

1. By default, our team was expecting a peak of $ 6,900, but looking at the recent trend, we see that support for around $ 7,200 is so solid that the likelihood of falling to $ 6,900 has decreased considerably.
2. The end of May is coming to an end. This year, the BTC keeps a pattern of an even-number-of-months low even-numbered month, with a turning point around five days each month. We still have time until June 5, but since no one can predict the exact timing of the uptrend, it seems good to go ahead with buying at this point.
3. The flow of current tide is very similar to the decline in January / March. In January / March, the trading volume decreased as both sales and purchases decreased. However, as trading volume increased in February / April, the trading volume increased, and the current trend was very similar It seems to be there.

Although we signaled the buyback, it is not a long-term bond that can be relieved in the short term. If you still have the possibility of putting it down and putting it down, then the 6800 can go down to that. If the $ 6750 is broken, the next support section will be around $ 6,400. However, we believe that this possibility is small at present and that the current price is not a problem when viewed in the medium term. In the medium term, the primary target is $ 7900 and the secondary target is $ 9000.