Bitcoin’s price reached a low of $28,800 yesterday evening before recovering quickly. On the one-hour timeframe, Bitcoin’s price had exceeded the price of each moving average and there is now a clear upward test of the upper trendline. Currently, Bitcoin’s resistance point is estimated to be around $33,500. After hitting the trendline, Bitcoin’s price may drop quickly. Today's market panic index is 14. Despite two consecutive days of Bitcoin price increases, the market is still in a state of extreme panic. clicks to read more：Gate.io’s Daily Market Trends （June 23rd）： Alipay Launches Dunhuang-themed NFT, Bitcoin Miner Plans to Use Renewable Energy Gate.io Blog As a new information section of Gate.io, the Gate.io blog function will provide users with all-round investment support. It will offer the most timely information in the industry, as well as informative columns, exclusive research reports, interesting encyclopedia info, and other high-quality content. All of these combined will enable you to grasp the most valuable and high-quality information without leaving home. We invite you to experience and bookmark this blog, in order to get essential investors tips. Website: https://www.gate.io/en/blog/bloglist App will be launched soon, please keep an eye out for it! Blog entry: “About-Gate Blog” at the bottom of Gate.io homepage. Gate.io Blog will be updated at regular intervals. Stay tuned! Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support. Gate.io Team JUNE 23, 2021 Get 40% of all referees' trading fees in the affiliate program at https://www.gate.io/referral Click to Sign up ：https://www.gate.io/m#/register Download it now at: https://www.gate.io/mobileapp Follow us on social Facebook: https://facebook.com/gateioglobal Twitter: https://twitter.com/gate_io Telegram：https://t.me/gateio Instagram：https://www.instagram.com/gateioglobal Medium：https://medium.com/@gateio