💰 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
This position of BTC, stabilizing at 63k, altcoins may continue to rise. If it falls below 60k, it's basically a bloodbath, dropping to 47k to 50k in no time, like a waterfall. I've gone short on the contract, as I don't want to short during a bull run, and the contract is supposed to make money, hahaha. So recently, I've been trading spot in the short term, and later on, I'll wait for opportunities to slowly increase my position.