- Pin
- 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
👉 Post daily from May 19 to May 25 and share a $300 prize pool based on your post quality!
Join now: https://www.gate.io/questionnaire/6679
Registration deadline: May 20 10:00 UTC
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will be ranked and rewarded accordingly:
A-Level:
Post on
- Gate Brand Strategy Major Upgrade
Launching our global domain Gate.com, alongside a brand-new logo!
With a cleaner, more distinctive, universally recognized visual identity, we're moving from industry leader to true pace-setter.
✨ Three Pillars of Our Strategic Upgrade
1. User First: Serving 23 million users worldwide, with a reserve ratio of 128.57%, solidly among the top in the industry.
2. Tech Innovation: Pioneering the use of zero-knowledge proofs to verify reserve security.
3. Global Compliance: One of the few crypto platforms legally operating across multiple regions.
Just as we declare
- 🍕 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
Is Bitcoin Ready for a New ATH? What Does the Chart Say?
An analyst has explained what some charts related to Bitcoin may indicate about whether the current bullish trend could lead to new highs. The Momentum of Bitcoin May Be Stalling According to These Signs In a recent post on X, analyst Ali Martinez discussed some technical analysis signals (TA) that could reveal whether it is time for Bitcoin to reach a new all-time high (ATH) or not. Here are the charts that the analyst shared:
The first chart shows a TA pattern that Bitcoin has likely been trading within for the past few months. The pattern being referred to is the "Parallel Channel," which appears whenever the price of an asset observes consolidation between two parallel trend lines. There are many different types of parallel channels, but in the context of the current topic, the most commonly discussed version is the one with a parallel channel along the time axis. This case naturally corresponds to the complete horizontal movement of the cryptocurrency. From the chart, it can be seen that BTC has recently observed an increase to the upper line of the model. In previous retests, this coin ended up finding rejection at this mark. Therefore, it is likely that it may also encounter resistance here in the current retest. This is not the only trend that can make breaking the ATH difficult. As can be seen from the second chart, the RSI has shown a divergence compared to the recent price of Bitcoin. The Relative Strength Index (RSI) here refers to an indicator that tracks the speed and magnitude of recent price changes that the asset has experienced. This index is often used to assess overbought and oversold conditions for tokens. The RSI of BTC has formed a peak in the overbought region at the beginning of the month, but while the price has increased since then, this indicator has only managed to form a smaller peak. This type of divergence between the asset and the RSI is often considered a bearish signal. Finally, there is also a bearish development in the MACD, shown in the third chart. The Moving Average Convergence Divergence (MACD) is another TA indicator used to measure momentum. It consists of two lines: the MACD line is calculated by taking the difference between the 12-day and 26-day exponential moving average (EMA) of the price and the signal line is defined as the 9-day EMA of the MACD line. Recently, the MACD line of Bitcoin has fallen below the signal line, which is often considered a bearish crossover. Based on all these patterns, Martinez noted that the bullish momentum for BTC is slowing down. It remains unclear how this asset will develop in the coming days and whether there will be a reversal of the bearish trend.