5.16 Bitcoin rises on news! Has the surge just started?
Last night, the US CPI data was suddenly released ahead of schedule, and Bitcoin directly started to surge. The current price has reached around 66,000, which is a surge!
Then my member community had ambushed this long order at the bottom as early as May 10th. Although the market also showed a surge trend afterwards, it soon returned to a volatile trend, which was very uncomfortable. So last night, when the price broke through the previous high, I also stopped the profit of this long order in advance, and also took a profit of 3,000 points!
Now from the daily line, the price has directly reached the upper rail position of the Bollinger band, and the MACD fast and slow lines below have now started an upward trend and are about to cross the zero axis. If the fast and slow lines can directly cross the zero axis, then the upward trend will be more certain to start.
Then from the four-hour point of view, the price has far exceeded the upper rail position of the Bollinger band. In yesterday's rising market, the price directly broke through the high point in front, and now it is almost at the next high point.
From the macd, yesterday's fast and slow lines formed a golden cross above the zero axis. In the past few days, I have often reminded everyone to pay attention to this signal in my articles. I don't know if you have paid attention to this opportunity to get on the train!
After the four-hour macd fast and slow lines form a golden cross, there is actually still an opportunity to get on the train. In the current market, there may be a callback opportunity today, and the four-hour macd fast and slow lines are now far above the zero axis.
If the price is callback, then the macd fast and slow lines will give the opportunity to turn downward. If it is still above the zero axis and gives another golden cross opportunity, then this is a very rare opportunity to get on the train. After all, this round of trend is likely to be the starting signal!
