[Opinion: Bitcoin Shows Buy Signal, May Rise to $75,000] BlockBeats News, May 31, according to crypto analyst Alicharts, Bitcoin's 12-hour chart has shown a TD Sequential buy signal, indicating a potential rebound to $75,000. TD Sequential is a momentum indicator developed by Tom DeMark, used to identify oversold reversal points. However, its signals need to be validated with factors such as trading volume, ETF fund flows, and macroeconomic conditions. Currently, Bitcoin's price is fluctuating within the $73,000-$74,000 range. [Original Link]