📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Coin name: BTc
SHORT
Price: 83,415$
(Enter on entry price)
On the 1-hour timeframe, Bitcoin is currently forming a descending triangle, which is typically a bearish chart pattern. However, there’s a possibility that BTC may make a short-term move to the upside, potentially testing the upper trendline resistance. If it gets rejected from that level, we’ll consider opening short positions.
Meanwhile, on the 30-minute timeframe, BTC Dominance (BTC.D) is also showing signs of a bearish pattern, further supporting the bearish outlook for Bitcoin in the short term.
Looking at the Total Money Flow Index (MFI), it’s currently holding a key trendline support. This suggests that the market may have a bullish bias in the longer time frame, even though Bitcoin appears bearish in the short term.
10x leverage isolated
Sl: 84,200
Target:
1) 83000
2) 82500
3)82000
4)81500