Opinion: Bitcoin shows a buy signal and may rise to $75,000
BlockBeats news, on May 31, according to crypto analyst Alicharts, a TD Sequential buy signal has appeared on Bitcoin's 12-hour chart, and there is a possibility of a rebound to $75,000.
TD Sequential is a momentum indicator developed by Tom DeMark, used to identify oversold reversal points, but its signals need to be validated with trading volume, ETF capital flows, and the macro environment. Currently, Bitcoin price is fluctuating within the $73,000-$74,000 range.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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