📢 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
#TopContentChallenge#
📊 BTC Market Analysis – Is Bitcoin Entering a New Phase?
Bitcoin has once again captured the spotlight as it continues to show strong momentum above the $65K range. After months of consolidation and unpredictable movements, BTC appears to be regaining strength — and many are wondering whether we’re seeing the early signs of a new structural bull market.
🔍 Current Market Sentiment:
Over the last few weeks, Bitcoin has been showing signs of recovery with reduced volatility and stronger price floors. Key support around $61,000–$63,000 has held up well, and BTC is now hovering near $66,000. With on-chain metrics showing increased accumulation and exchange outflows, it seems large players are preparing for a potential upward move.
We’re also seeing a rise in institutional activity. Spot ETFs, custodial services, and increased regulatory clarity in major markets are slowly shifting Bitcoin into a more mainstream asset category. That’s helping reduce selling pressure and encouraging long-term holding behavior.
📈 Technical Outlook:
Support Zone: $61K – $63K
Resistance Ahead: $69K – $71K
Trend Bias: Bullish (as long as $61K holds)
Indicators like RSI and MACD are leaning bullish on the daily timeframe, and moving averages are turning upward — all signs of a potential breakout if BTC closes strong above $68K.
💼 My Strategy Right Now:
I’ve been slowly adding BTC on dips near the $62K–$64K range, using a DCA (Dollar Cost Averaging) method. For me, Bitcoin isn’t just a short-term trade — it's part of my core long-term portfolio. That said, I’m watching the $69K level closely. A breakout above that zone with solid volume could open the door to a new ATH attempt.
Short-term traders might consider setting alerts near $68K–$70K to catch potential breakout plays. However, I recommend caution with leverage, especially with volatility likely to rise around the next FOMC or ETF news.
📢 Final Thoughts:
Bitcoin isn’t just reacting to short-term hype anymore — it’s behaving like a maturing macro asset. With supply shrinking (post-halving), institutional interest rising, and fundamentals strengthening, I believe BTC is entering a new phase of sustainable growth.
It’s not about timing the perfect entry anymore — it’s about staying positioned when the momentum returns.