💰 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
Wld update
In my previous post, I mentioned that if there is a deviation below the 1.60 level on the Wld side and if it goes inside, a retest could be considered, and then I stated that the region where profit could be taken or the trade could be closed is at the 1.30 level high notkas. I congratulate everyone who evaluated it. I provide information in the live broadcast because it receives more views than in the post, and I share it here as it is necessary.
When it comes to the current thoughts, the region where the price received a reaction after the resistance is not bad, and the reaction taken from here should at least bring back the visit to 1.30 again. I will look for a position again on closures above that region, and I will carry that position to an average level of 1.5. Behind that, strong resistance levels of 1.7 await us. I don't want to take a position in the pullback; resistance gains will be healthier in this parity.
Not an Investment Advice !!!
#BTC# #GT# #GateioInto11# #ETH#