Allmypips

6400$ OR 18000$ (Halving Event) But After Halving Long Term 50k$

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COINBASE:BTCUSD   比特币
The moment crypto traders have been waiting for is finally here. Only 3 days left for Bitcoin's Halving No3. Currently, BTCUSD Holding critical level resistance 10,000$ If 10,200$ break then next resistance 13,100$. Keep in mind long term trend was broken and we are under trend line resistance. so that point could break and go 18k or back to 6400$ if price back to 6400$ then next bull run towards 50,000$

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Open interest (OI) in bitcoin (BTC) options surpassed USD 1 billion ahead of the halving, with an exponential increase seen across all major marketplaces over the past week. Meanwhile, the bitcoin put-to-call ratio is also on the move, revealing some bearishness in the market. Although not unusual during bull runs in the spot market, the rising interest in bitcoin options may suggest that some large holders are seeking to protect themselves against an uncertain outcome of the halving, which is now just days away.

Technical analysis: BTC has been trading upwards. As we expected yesterday, the price tested the next resistance at the price of $10,000. This is a decision level for the BTC and you should watch carefully the price action around it.

🛑SUPPORT/RESISTANCE
✅S1= 7400$
✅S2=5800$
✴️R1=10200$
✴️R2=15000$
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