📈 Weekly Market Prediction Challenge

This week's theme: #Will BTC break through 120,000 this week?

📅 Event Time
October 28 - November 2 24:00 (UTC+8)

💡 Event Content
Share your market insights on this week's theme #BTC是否会突破12万 :
👉 What do you think about #BTC是否会突破12万 ? Please elaborate on your reasoning—whether it be technical analysis, macro logic, on-chain data, or market sentiment, feel free to showcase your unique insights.

🏆 Reward Settings (Total $1000 Position Experience Coupon)
🥇 Top Insight (3 people): $150 position experience voucher
🥈 Excellent Analysis (6th): $50 Position Experience Voucher
🥉 Active Analyst (10 positions): $25 position experience coupon

✍️ Participation Method
1️⃣ Follow @GateSquare_Official
2️⃣ Post in the square with the topic #WillBTCbreak120K
3️⃣ The content must include:
Your judgment: Yes / No
Brief logic or data basis (such as K-line trends, market sentiment, position changes)
Better with attachments (e.g., market charts, indicator screenshots, etc.)

✨ High-quality content will receive official selection recommendations from Gate Square!

Participation Case:
I believe BTC is likely to break through 120,000 this week. #WillBTCbreak120kthisweek
📈 From a technical perspective, the daily bullish structure is solid, and the moving average system is in a bullish arrangement;
🔹 Expectations for a Federal Reserve rate cut are rising, and the liquidity situation is relatively loose;
🔹 ETF inflows continue to strengthen, and institutional buying is evident.
If BTC can maintain support in the 118K range, the probability of breaking through 120K this week is relatively high.