Bitcoin (BTC) - May 12

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The big coin market event (Bitcoin Halving) has ended.

You need to check where the closing price for May 12 is generated.
Accordingly, I think it is good to stop trading for a while and check the flow of BTC.

You need to make sure you can get support at point 8463 of one of the key points from this event.

If it falls below 8463, it is likely to fall below 50 EMA or 7757.

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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.

Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section

Comment:

We need to check if it can fall below the 2.72 point.
If it doesn't fall, there is a chance that it will rise towards the 2.86 point.

Comment:

You should see which arrow direction it moves after the time indicated on the chart.

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