💰 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
Give you some popularity, the circle that no one knows. Regarding the inscriptions, ordi, sats will not fall all the time.
A lot of people hope - the road falls, and then there is not even a rebound. No way.
From the perspective of contract existence, it is impossible to go straight down.
Even if it is infinitely close to the state of returning to zero, it is impossible to keep falling.
It will rise when everyone is throwing spot. Why. Because everyone sells Spot, no one takes the Spot for a few days, and the currency borrowed by the contract is actually the Spot sold in Reverse.
It will trigger a counter-rally. It's a little esoteric, and I realize it myself.