🍕 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
As Bitcoin (BTC) continues to rise, the new investors securing profits provide a short-term signal that the price may be able to climb a bit further to the critical resistance level.
Recently, with the rise in Bitcoin price to $87,000, while short-term investors have still incurred losses, new investors have made profits. According to a CryptoQuant analyst, new investors have achieved an average profit of 3.73% thanks to Bitcoin's recent price rally, and this situation is considered a short-term bullish signal.
Although the Bitcoin price continues to rise, short-term investors are still incurring losses. The average loss rate for these investors who have held Bitcoin for less than 6 months is around 5.18%. The realized price for these investors is approximately around 91,000 dollars, and this level is considered a psychological and structural resistance level. However, the fact that new investors are making profits indicates that there is greater confidence in the market and that the risk of panic has decreased.
Short-term investors will continue to incur losses until the Bitcoin price rises above the $91,000 level. This situation can sustain selling pressure, and if price momentum weakens, this pressure may increase further. Therefore, a strong breakout above the $91,000 level will be an important step for the market to potentially return to the profit zone.
#Can BTC Break 90K?#