💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
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BTC/USDT Market Snapshot & Prediction 🚀
At the moment, BTC/USDT is trading around 83,962 with a mild uptick of +0.51% in the last hour. Over the past 24 hours, we've seen a high of 85,460 and a low of 83,119 — the market is definitely heating up! 🔥
Key Technical Insights 🔍
Support Zone: 83,100
Resistance Zone: 85,400
EMAs (5/10/20): Price is dancing around the short-term EMAs — signals are mixed, watch closely!
Bollinger Bands: Tightening = breakout incoming? 📈
MACD: Bearish crossover but holding ground — momentum is shaky.
RSI (6): 43 — Neutral zone, no extreme pressure from buyers or sellers.
Short-Term Prediction ⏳
If BTC holds above 83,600, we could see a bounce toward 85,000+ soon.
But if it dips below 83,100, next support could be around 82,500.
4H Timeframe Outlook ⌛
Still holding steady — breakout above 85,500 could push us to test 86,500–87,000 in the next 1–2 days. Bulls, keep your eyes open! 👀
My View:
We're in a key decision zone. Either bulls take control and push us higher, or bears drag us for another dip. Watch volume and wait for confirmation before making your move. ✅
#BTC#