🍕 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# #ETH# #SOL# #SUI# #XRP#
Bitcoin Analysis (Timeframe 1 Hour)
Current Condition
Price: 104,448.43 USDT.
Trend: Strong uptrend ( above the trendline, MA7/50/100 supports ).
Support: 102,234.17. Resistance: 105,100.22.
Volume: High (45.42B USDT), large market interest.
Prediction
4 Hours Ahead:
Bullish (70%): Can rise to 106,000 if it breaks through 105,100.22.
Bearish: Correction to 102,234.17 if it fails to break resistance.
1 Day Ahead:
Bullish (60%): Potential to 107,000 if resistance is broken.
Bearish: Drop to 100,000 if it fails to hold above the trendline (~103,000).
1 Week Ahead:
Bullish (55%): Can reach 110,000 if the trend continues.
Bearish: Down to 98,000 if there is a trend reversal.
Best Entry Position
Long (Buy):
Entry: 103,500 ( pullback to trendline/MA50).
TP: 105,100 ( hours), 107,000 ( days), 110,000 ( weeks).
SL: 102,000.
Risk/Reward: 1:2 to 1:4.
Short (Sell) (optional):
Entry: 104,800 ( if rejection at 105,100.22).
TP: 102,234.17.
SL: 105,500.
Risk/Reward: 1:3.
Recommendation
Long entry at 103,500 is the most profitable and safe. Monitor volume and market news for external risks.