🍕 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 1H
Trend Overview:
Structure: Still bullish — you have Breaks of Structure (BoS) and higher highs (HH) forming.
Current Action: Price is holding around the 0.236 Fibonacci retracement zone and slightly above the 240L.
Market Behavior: Small pullback happening, but still respecting bullish structure unless a strong breakdown happens below 0.382 or 0.5.
Entry, TP, and SL Plan:
Entry Option 1 (Safer Pullback Buy):
Entry Zone: Near 0.382 Fibonacci (~94,200) or wait for confirmation around 94,400 bounce.
Stop Loss (SL): Below 0.5 Fibonacci (~93,600) — safely under structure to avoid wicks.
Take Profit (TP):
TP1: Retest of recent high ~95,400.
TP2: Extension towards 96,000 - 96,200 (next resistance, near weak high).
Entry Option 2 (Breakout Buy):
Entry: Break and retest above 95,500 with strong volume.
SL: Below 95,000 (in case of fake breakout).
TP: Around 96,500 - 97,000.