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➡️ #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
Dogecoin aims for the $1 level as the bullish cycle strengthens.
Dogecoin (DOGE) is showing new bullish momentum as technical indicators align with longer and stronger cycle patterns. The current price action holds steady around $0.16, with higher and lower levels confirming the bullish trend. Notably, the resistance levels at $0.1823 and $0.2171 are under pressure as buyers continue to test these zones. Moreover, the key breakout signals indicate a shift from a bearish structure to a bullish one. The price has recently broken through the descending trendline that has defined the bearish trend since 2021. Therefore, the reversal seems to be becoming more convincing across multiple time frames.
In addition to structural changes, DOGE has a strong bullish target in sight. Analyst JavonMarks predicts the next key levels are $0.6533, $0.74 (all-time high), and $1.25111. These targets align with DOGE's recovery trajectory since hitting the bottom after the 2021 correction. Volume has increased near previous resistance zones, confirming buyer interest. Additionally, current market support aligns with previous resistance levels — a textbook signal for trend continuation. The cyclical models indicate a delayed peak. The long-term cycle analysis of Astro provides a different perspective. The chart, based on TradingView data, maps the market cycle of DOGE from 2014 to 2028. The oscillator tracks momentum changes, peaking around 1.0 and bottoming near -1.0. Current indicators fluctuate around 0.30346 and -0.10453, signaling a transition period. According to Astro, DOGE follows distinct patterns based on Embolismic and Normal years.
In the years Embolismic—such as 2024 and 2025—DOGE tends to peak between March and September. However, no significant peaks are expected before September 2025. Therefore, longer bullish phases may dominate the market until then. Moreover, this delay may provide traders with ample space to accumulate. The extraction of clean cycles confirms the quality and accuracy of the data, further reinforcing this argument. The right technique and timing for long-term growth Both chart analysis and cycle analysis agree on one point: The market structure of Dogecoin is maturing. The cryptocurrency has transitioned from a prolonged downtrend to an accumulation phase and an extended breakout. In addition, the formation of support at the previous resistance level reinforces this bullish argument. With the main resistance zones currently being tested, the bullish momentum seems increasingly sustainable. Therefore, Dogecoin traders can benefit from linking technical strategies with these longer-term cycle signals. As the overall sentiment shifts, DOGE continues to build a sustainable bullish case into 2025 and beyond.