💥 Gate Square Event: #PostToWinPORTALS# 💥
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📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
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Launchpool: Stake GT to earn PORTALS
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The Bitcoin market is at a critical crossroads. After a period of consolidation, the price of Bitcoin is about to make a directional choice. With the Fed's latest interest rate cut decision having been made, investors' attention has turned to the upcoming fourth quarter.
Historical data shows that the fourth quarter is usually the strongest period for Bitcoin. This quarter will begin on October 1, and market participants are looking forward to it.
From a technical perspective, $117,800 is an important resistance level. If Bitcoin can break through this level, it is likely to further challenge the historical high around $124,500. However, there are also downside risks in the market. If the price falls below the support level of $114,700, it may trigger further declines, testing the important psychological levels of $110,000 and even $100,000.
At this critical moment, investors should closely monitor market trends and manage risks effectively. Regardless of the market direction, the future development of Bitcoin remains promising. With the continuous entry of institutional investors and changes in the global macroeconomic environment, the digital currency market may usher in new opportunities and challenges.
The market maker made it very clear.