🍕 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
#我的动态升级体验#
Here’s the latest technical analysis for Bitcoin (BTC) as of May 13, 2025:
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📊 Bitcoin (BTC) Technical Overview
Current Price: $102,463
24h Change: -1.95%
Intraday High/Low: $105,525 / $101,065
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🔧 Key Support & Resistance Levels
Resistance Levels:
$104,000–$106,000: This zone has historically acted as a significant resistance, with multiple rejections observed.
$105,000: A crucial resistance point that, if breached, could signal further bullish momentum.
$109,588: A higher resistance level to watch if the price breaks above $105,000.
Support Levels:
$103,500: Immediate support level; a drop below this could indicate potential for further decline.
$100,000: A psychological support level; maintaining above this is crucial for bullish sentiment.
$97,000: A strong support level that has held during previous corrections.
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📈 Technical Indicators
RSI (Relative Strength Index): Currently at 47.5, indicating a neutral stance but leaning towards bearish momentum.
MACD (Moving Average Convergence Divergence): The histogram is narrowing and hovering near the zero line, suggesting waning momentum.
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🔍 Market Sentiment
The market is exhibiting cautious optimism. While the price remains above the critical $100,000 support, the resistance at $104,000–$106,000 has proven challenging. Traders are closely watching macroeconomic indicators, such as the upcoming CPI data, which could influence market direction.
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📌 Summary
Bitcoin is currently trading within a tight range, with key support at $100,000 and resistance at $104,000–$106,000. A decisive move beyond these levels could set the stage for a new price trajectory. Traders should monitor these levels closely and stay informed on macroeconomic developments that may impact market sentiment.