Analysis: Although the callback BTC still has a chance to break through $9,000

On May 29th, CoinDesk analysts believe that BTC has risen 63% so far this month and is expected to hit the highest monthly increase since August 2017. Earlier this week, BTC showed a slight correction after the record high, but since the daily chart pennant confirmed on Sunday is still valid, BTC can still seek to break through $9,000 in the near future. If the price falls below $8,000, the short-term bullish situation will weaken. If the price stays around $8,600 at the close on Friday, the resulting monthly earnings will be the highest since August 2017.