📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Bitcoin has recently shown positive market movements. Yesterday, on the 1-hour chart, BTC Trading Volume significantly rose and successfully broke through the important resistance level of 114,400. This price level has not only been a resistance multiple times but is also a key point where the descending trend line exerts pressure.
By drawing rising and falling trend lines, we can observe that a potential W-bottom formation is developing at the bottom. This technical pattern is often seen as a strong reversal signal, which may indicate a significant change in future price trends.
For traders seeking entry opportunities, there are two key pullback buy levels worth noting:
near 114,400
2. Rising trend line position
However, investors should also be cautious. If the worst-case scenario occurs, where the price falls below the rise trend line, we may see BTC test the bottom support level of 119,000 again.
Overall, the current market structure provides a potential rebound opportunity for Bitcoin. However, investors should closely monitor key support levels and adjust their strategies promptly based on market changes. In this cryptocurrency market full of opportunities and risks, it is crucial to remain vigilant and flexible.