💰 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
Today, pay attention to several positions for intraday trading:
Below 822 - above 816, you can enter the market and go long
A rebound to around 835 or close to 839.
If 816 does not hold steady, then the rebound may have already ended.
Another way is that today's pullback does not break 822.
Then the probability of breaking the new high of 839 is greater.
Look for opportunities to short after the rebound ends.