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
😱 #Bitcoin Has Reached This Level for Only the 6th Time in Its Entire History
Bitcoin’s RSI has now dropped to 36 - the first time we've seen this level since the bottom of the 2022 bear market. Throughout Bitcoin’s entire history, the RSI has entered this zone only five previous times:
🔴 2011 — The Mt. Gox Hack on an extremely young, illiquid market
A fragile market structure and the major Mt. Gox breach triggered one of Bitcoin’s earliest and most violent crashes.
🔴 2015 — Mt. Gox bankruptcy and a crisis of confidence
The fallout from the exchange’s collapse, combined with regulatory uncertainty, pushed sentiment and prices to multi-year lows.
🔴 2018 — The ICO bubble implosion
A wave of failed ICO projects, increasing regulatory pressure, and forced liquidations drove #BTC into a deep “crypto winter.”
🔴 2020 — Global market meltdown after the рandеmiс announcement
As investors fled risk assets during the rapid СОVID-19 panic, $BTC suffered one of its sharpest single-day declines in history.
🔴 2022 — The Luna Collapse, cascading bankruptcies, and the FTX Implosion
Terra/Luna’s failure triggered a domino effect across major lenders (Celsius, Voyager), followed by the catastrophic collapse of FTX amid rising interest rates.
🔴 And now, for the sixth time, Bitcoin is back at this historically significant RSI level — against a backdrop of global economic instability, ongoing geopolitical tensions, and heightened uncertainty across risk markets.
If the market fails to respond with strength from here, the next leg down could become one of the most severe corrections Bitcoin has ever seen.