New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Take a look at the recent technical performance of BTC spot trading.
The ultra-short-term is quite interesting, with the 5-day moving average converging and moving in an ultra-short oscillation rhythm. However, once it breaks through, there could be many opportunities.
Looking upward in the short term, the 20-day moving average is clearly upward, and the 20-week moving average is also trending higher. This is definitely a bullish pattern. The momentum in the short term is quite good.
The medium-term is even more interesting. Both the 5-week and 20-week moving averages are rising, especially the 20-week moving average, which is currently at the 15th week position, with an unmistakable upward trend. The medium-term bullish structure is very stable.
In the long term, both the 5-month and 20-month moving averages are moving upward, and the 20-month moving average remains on an upward trajectory. This is a classic long-term bullish pattern. From the daily, weekly, and monthly charts, BTC is currently in a bullish resonance, with all timeframes singing the same tune.