Technical analysis by sxaix1 about Symbol BTC: Sell recommendation (5/15/2024)

After the release of the U.S. Notification Index today, the U.S. dollar index fell significantly, and the price of Bitcoin immediately surged. The price of Bitcoin successively broke through the resistance levels of 62300 and 63450, with the highest point reaching around 65150. Now it has encountered resistance and started to fall back. It has risen by nearly 4,000 US dollars today. The motivation to continue to rise in the short term has gradually weakened, and it is likely to fall back in the future. Trading strategy: If the result falls back to the 63000-63400 range, you can buy, with a target of 64000-64500 The above strategies are for reference only. I will update the market analysis at any time in the guidance group.