🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
#BTC/USDT#
Trend Analysis:
Current Trend: Bullish overall (strong impulse move up with higher highs and higher lows).
Recent Activity: Price is consolidating just below the 1D high (resistance zone). Slight rejection near the top, indicating a pause or potential retracement.
Support Zone: Around 92,728 - 92,559, marked by the red lines and aligns with the 240H low and 0.236 Fibonacci level.
Entry Idea:
You could consider two types of entries based on price action:
1. Breakout Entry (Aggressive):
Entry: Above 1D high (~94,000) after a confirmed breakout with volume.
TP: Next psychological level near 95,500 - 96,000.
SL: Below 1D high (~93,500) or 240L (92,728) to avoid fakeouts.
2. Pullback Entry (Safer):
Entry: Around 92,700 - 92,500 (area of interest + support + Fibonacci 0.236).
TP1: 94,000 (1D high)
TP2: 95,500
SL: Below 92,000 (just under 1DL and structure support)