💰 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
#EIGEN
Current view.
I mentioned in the post I quoted that it received a reaction from the wedge support, and now it has reached the wedge resistance with an increase of about 50% from that level.
It will target the upper levels indicated in the chart by breaking the resistance of the wedge, that is, the downward trend from November.
Let it be under your close observation.