$BTC Near 82,540: Break through resistance or return to support?
The Decrypt report says $11 billion in $BTC options expire tomorrow, a figure that could tip the market balance.
Today $BTC is trading at US$81,105, up slightly by 0.66% over 24 hours, with a range of 79,710–81,971. The RSI is at 52.6, and the 20- and 50-period EMAs are at 80,746 and 80,970, indicating a sideways trend on the 4-hour chart.
Over the same period, $HYPE (+19.5% in 24 hours, US$116M in volume) and $PEPE (+12.4% in 24 hours, US$175M in volume) stand out.
Key support levels are 80,904 and 79,553; if the price breaks below 79,553, the bullish scenario would be invalidated and the downward move could intensify. On the other hand, immediate resistance is at 82,540; a close above it would confirm bullish momentum, with the next target at 84,898.
Will it break 82,540 or return to 80,904? 🟢/🔴
#Bitcoin #Opciones #Derivatives
This is not financial advice. Do your own research before investing.
The Decrypt report says $11 billion in $BTC options expire tomorrow, a figure that could tip the market balance.
Today $BTC is trading at US$81,105, up slightly by 0.66% over 24 hours, with a range of 79,710–81,971. The RSI is at 52.6, and the 20- and 50-period EMAs are at 80,746 and 80,970, indicating a sideways trend on the 4-hour chart.
Over the same period, $HYPE (+19.5% in 24 hours, US$116M in volume) and $PEPE (+12.4% in 24 hours, US$175M in volume) stand out.
Key support levels are 80,904 and 79,553; if the price breaks below 79,553, the bullish scenario would be invalidated and the downward move could intensify. On the other hand, immediate resistance is at 82,540; a close above it would confirm bullish momentum, with the next target at 84,898.
Will it break 82,540 or return to 80,904? 🟢/🔴
#Bitcoin #Opciones #Derivatives
This is not financial advice. Do your own research before investing.
