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- 🔥 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
🟢 User First: Serving 23 million users worldwide, with a reserve ratio of 128.57%, solidly among the top in the industry.
🟢 Tech Innovation: Pioneering the use of zero-knowledge proofs to verify reserve security.
🟢 Global Compliance: One of the few crypto platforms legally operating across multiple regions.
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- 🔵 #Altcoin Season Index Hits 24#
CoinMarketCap data shows the altcoin season index has climbed to 24, up 2 points from yesterday. Among the top 100 projects by market cap, about 24 have outperformed BTC over the past 90 days. Do you think the altcoin season is true here? Which sectors do you expect to lead the charge? Share your predictions!
🔵 #Saylor Hints at More BTC Buying#
Michael Saylor, founder of Strategy, recently released new Bitcoin Tracker updates. Historically, Strategy tends to disclose BTC accumulation the day after such announcements.
What’s your take—will they increase thei - 🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts! - 📢 Gate Post Ambassador are Now Actively Recruiting! 🔥
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The price of Bitcoin is holding below the resistance level of 109,800 Dollar, forming a range between the support at 78,000 Dollar and the breakout zone at 112,000 Dollar.
The Relative Strength Index (RSI) is near 70 and the volume pressure indicates the possibility of bullish expansion or the continuation of limited range movement.
The multi-stage rises of 2023 complete the current stepped structure of Bitcoin (BTC), in an effort to break the resistance level of 112000 Dollar.
Bitcoin continues to stabilize below its all-time highs, trading at around 104,000 Dollar, maintaining its key structural levels. The price has remained in a trading range for several months, fluctuating between the support level at 78,000 Dollar and the resistance level at 109,800 Dollar, and is now beginning to show the potential for extension.
The current price movement reflects a bullish structure, with Bitcoin trading just below the red resistance zone. The range between 109,000 and 112,000 Dollars represents a reversal or breakout point. Every consolidation since 2023 has led to successive highs exceeding 35,000 Dollars.
Horizontal zones define the clarity of the setup.
Tony the Bull Severino's chart analysis highlights the weekly support and resistance structure of Bitcoin since early 2023. The price of Bitcoin stabilized between March and November 2023 below the $32,000 resistance level before breaking above the $32,000 barrier. This breakout led to a sharp rise to $73,500 by March 2024.