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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
#BlackRock Applies for Digital Shares#
The chart of Crypto Total Market Cap Excluding BTC (TOTAL2) shows the following structure:
1. Formation:
A clearly defined descending wedge that broke upward at the end of April.
This is a bullish pattern, and a breakout upwards indicates a possible trend reversal.
2. Ichimoku Cloud:
The price has exited above the cloud, but is currently testing its upper boundary.
If the price holds above the cloud or finds support within, it will be a bullish signal.
A downward breakout back into the cloud may indicate a false breakout.
3. Market volume:
Current level: around 1.02T, local resistance in the range of 1.08–1.1T (above the cloud).
Support: area ~965B, then ~900B in case of a pullback.
4. Current structure:
The wedge breakout is confirmed, but there is currently a retest of the breakout zone and the cloud.
If the price holds above and bounces back, a rise in the entire altcoin segment is possible.
Output:
Bullish signal with confirmed breakout, but the market is currently undergoing an important retest. Confirmation of holding above 1.02T and a breakout above the cloud (>1.08T) will pave the way for a stronger alt season.