🍕 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
👉 Since the November 2022 Bear Market Bottom...💰🤔
✔️ Bitcoin has experienced the following retraces:
📊 -23% (February 2023) lasting 21 days.
📊 -21% (April/May 2023) lasting 63 days.
📊 -22% (July/September 2023) lasting 63 days.
📊 -21% (January 2023) lasting 14 days.
✔️ This current pullback is only the 5th major retrace since the 2022 Bear Market Bottom.
✔️ All of the pullbacks experienced just over -20% retracement depth.
✔️ Bitcoin has pulled back -16% thus far.
✔️ But the retrace began only last Thursday.
✔️ The current retrace has therefore barely lasted a week.
✔️ In sum, there are two key takeaways about retracements in this current cycle:
✔️ The closer Bitcoin gets to a -20% retrace, the better the opportunity becomes
✔️ Retraces need time to fully mature (at least 2-3 weeks, at most 2-months)
#Gate Post Highlights# #NewYear2024# #ContentStar# #比特币# #BountyCreator# #HotTopicDiscussion# #GateioBountyCreator# #Crypto #