🍕 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
#BatC/USDT#
Trend Analysis
The overall trend appears bearish as there is a strong sell-off from around $87,000 to $82,000.
Bearish Fair Value Gap (FVG) is marked, indicating potential resistance.
The price is currently consolidating near $83,153 after a downward move.
Multiple Swing Lows suggest liquidity below, meaning price could still dip before a reversal.
Entry Point (Short Trade)
Entry Zone: Around $83,500 - $84,000 (if price pulls back into resistance).
Stop-Loss (SL): Above $85,000 (above FVG to avoid stop hunts).
Take-Profit (TP):
TP1: $82,000 (Recent Swing Low)
TP2: $80,000 (Major liquidity area)
Entry Point (Long Trade)
If price breaks above $84,500, it might shift bullish.
Entry Zone: Around $82,000 - $82,500 (if price retests and holds support).
SL: Below $81,000 (previous swing low).
TP:
TP1: $84,500
TP2: $86,000 (near FVG resistance)