🍕 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
The Bitcoin price was rejected by the weekly resistance level of $67,147 on Monday and dropped by 2.2%. BTC is currently supported by the 50% retracement level of $64,274 calculated from the lowest level of $56,523 on May 1 to the highest level of $71,995 on May 21. If BTC bounces from $64,274, it could reach the previous resistance level of $67,147 with a 4% increase.
The Relative Strength Index (RSI) and Awesome Oscillator (AO) support this mentioned bounce. The low level formed on June 18th in the 4-hour chart does not reflect the high level of RSI during the same period. This development is called a bullish divergence and usually leads to a reversal of the trend or a short-term rally. If the bulls are aggressive and the overall crypto market outlook is positive, BTC can perform an additional rally of 6% to reach the previous resistance level of $71,280.