- Pin
- Gate.io Suggested Topics Posting Event: #CPI Data Drops#
✍️ Please include the topic #CPI Data Drops# in your post.
💰 5 quality posters * each receive $10 Points
The U.S. March unadjusted CPI year-over-year dropped to 2.4%, down from 2.8% last month and below the 2.6% market expectation. While this signals cooling inflation, the market reaction has been muted.
How will this impact the Fed rate cut expectations and the crypto market? Share your thoughts with #CPIDataComing for a chance to win a $50 reward!
Event Time: April 11, 6:00 AM - April 12, 6:00 AM UTC
⚠️ Notes: Plagiarism is prohibi
- 📢 Gate Post Ambassador are Now Actively Recruiting! 🔥
💡 Join Gate Post Ambassador and embark on an exciting journey of creativity and rewards!
Why Become a Gate Post Ambassador?
🎁 Unlock Exclusive Benefits and Showcase Your Talent
- Special Benefits Tasks – earn while creating
- Exclusive Merch – represent Gate.io in style
- VIP5 & Golden Mark – stand out from the crowd
- Honorary Ambassador – shine in the spotlight
🚀 As an Ambassador, You Will Be:
- A key influencer in the community
- A creative leader in the Web3 space
- A driving force behind top-quality content
🎉 Click the link to be
- 🐣 Gate.io Easter Bunny Wonderland is Live!
🚀 Swipe to match Easter eggs, and share a $50,000 fabulous prize
🔥 Get 1 chance for your first login of the day: https://www.gate.io/activities/easter-2025
💡 Clear as many Easter eggs as you can. The more eggs you collect, the more rewards you get
More: https://www.gate.io/announcements/article/44292
#Easter2025#
Bitcoin is again forming a ‘three blind mice’ trading pattern: Peter Brandt
Veteran trader Peter Brandt has noted Bitcoin is forming a “three blind mice” pattern, with some interpreting the message to mean the asset could tumble lower in the coming days
In an Oct. 2 post to X, Brandt told his 740,000 followers that Bitcoin (BTC) is currently forming the “infamous Three Blind Mice and a Piece of Cheese” trading pattern.
According to technical analysis data from trading platform Morpher, the “three blind mice” pattern is typically seen as a “continuation” pattern, meaning that whatever direction the “three blind mice” are headed is where future price action will follow
Brandt last mentioned the three blind mice pattern in a post to X on Dec. 17, 2022, when Bitcoin was trading for around $17,000 and entered into a weekslong slump before breaking out sharply to the upside in January 2023
In an earlier Oct. 2 post to X, Brandt cautioned traders that Bitcoin’s most recent rally did not “disturb the 7-month sequence of lower highs and lower lows,” saying that Bitcoin is still locked in an ongoing downtrend.
“Only a close above 71,000 confirmed by a new ATH will indicate that the trend from the Nov 2022 low remains in force,” wrote Brandt
Related: Bitcoin breaking $74K will 'take time' as BTC 'moves to neutral' — Analyst
Several traders have speculated that Brandt’s “three blind mice” pattern is a more humorous take on the Three Black Crows pattern, which is used to indicate the reversal of an uptrend
The pattern’s namesake may also stem from the popular nursery rhyme, which repeats two stanzas of “three blind mice” with “see how they run.”
The price of Bitcoin has tumbled 7.1% in the last three days, with the sharp 72-hour downturn erasing nearly 12 days of gains
The price of Bitcoin plunged as markets became spooked by escalating geopolitical tensions in the Middle East, only made worse by mounting concerns about the strength of the US economy and the outcome of the upcoming election
Magazine: Bitcoiners are ‘all in’ on Trump since Bitcoin ’24, but it’s getting risky