With the breakdown of the OCO on the daily chart, the minimum projection for the drop of 💰 extends to 58,600.
It can drop quickly if any news arises (like war, etc.) or it can be a smooth descent if there are no more events.
⚠️ Projection does not mean it will drop there and become a support; it is a minimum projection, and frequently it tends to go beyond that.
It is not wise to try to guess where this support is, because BTC respects very few old supports (when it stops at one, it's a coincidence). It could be 56, 48, 45, 39.... Only time will tell. #BitcoinPrices
Be careful with this "Trump Trader". He scammed a lot of people, promising "proprietary desk". And things like that. He was in the community for a while until the victims started to tell us.
The victims filed reports and everything, but they struggle to find the person responsible for the scam, as they don't even know his real name. #BitcoinPrices
Remember, technical analysis is only about the present. Nothing prevents Trump from messing everything up with a tweet. But over time the market may lose hope for the end of the war if things remain just a "back and forth".
It was like that in the Ukraine war. The first month was a "back and forth", believing it could end in a month. Until it prolonged.
For this drop to reach 58,600, it will likely need some more trigger. I believe it could be Iran placing mines in that strait. Because then it confirms that the price of oil would take a long time to return.
In the last conflict, they placed mines in the strait and the US took months to remove everything and now the mines are much more technological (they explode remotely).
📊 Brazil approves law that transforms seized cryptocurrencies into a fund for public security
Brazil has approved a law that transforms seized cryptocurrencies into a fund for public security. This measure creates a new source of funding for actions against crime, using confiscated digital assets.
With the increase in operations against digital crimes, this legislation may reduce the financial impact of criminal organizations on the national crypto market. #BTC
Take the tip Adopt healthy habits: solve problems rationally, facing them positively; manage your time by doing one activity at a time; cultivate good humor!
Iran has just threatened to destroy all desalination plants in the Middle East. See how much each country depends on them to survive:
🇰🇼 Kuwait — 90% of ALL drinking water comes from desalination. One failure = ZERO water for the ENTIRE country. 🇴🇲 Oman — 86% dependent. There is no backup supply. 🇮🇱 Israel — 75% dependent. It is already the target of retaliation threats from Iran. 🇸🇦 Saudi Arabia — 70% dependent. LARGEST desalination capacity in the world. Also the biggest target. 🇧🇭 Bahrain — 60% dependent. Desalination plants have ALREADY BEEN HIT in the last 2 weeks. 🇶🇦 Qatar — 50% dependent. Ras Laffan energy complex has already been hit. 🇦🇪 United Arab Emirates — 42-50% dependency. Hosts some of the largest factories in the world.
This represents about 100,000,000 people who cannot survive without desalination.
HPI of btc (is an indicator created by Herrick that shows the flow of money in the market through volume, price, and OI).
You can see that the selling momentum still predominates, but it is losing a lot of strength..
Note: You can obtain this directly from Peru through the query /hpi 🦃🦃. I implemented it today and will do the deploy shortly. We are the only ones providing this indicator (you can't find it on tradingview because it can't compile these 3 data points at the same time and I also couldn't find it on coinflgass) #Binance
HPI of btc (is an indicator created by Herrick that shows the flow of money in the market through volume, price, and OI).
You can see that the selling momentum still predominates, but it is losing a lot of strength..
note: You can obtain this directly in Peru through the query /hpi 🦃🦃. I implemented it today and will deploy it soon. We are the only ones providing this indicator (you cannot find it on TradingView because it cannot gather these 3 data points at the same time and I also did not find it on CoinFlGass). #riquezabrasil
🚨 CRITICAL ALERT: MALWARE STEALS CRYPTO ON IPHONE (iOS)
Google researchers have issued an urgent warning to all iPhone users: a new vulnerability allows the installation of malware specialized in stealing crypto assets.
🔍 THE EXPLOIT: - Action: The malicious code infects the device and gains access to private keys and wallet data. - Target: Users who use the iPhone for transactions or custody of crypto.
✅ WHAT TO DO NOW: Update IMMEDIATELY: Apple has already released the fix in the latest version of iOS. Check: Go to Settings > General > Software Update and install the latest available version.
💡 Reminder: In the crypto world, your device is your bank. Keep the operating system always updated to avoid zero-day attacks. #Ethereum #BTC☀
🚨😱VITALIK ALERT: THE CRYPTO INDUSTRY WILL DIE QUICKLY
🎤😛Creator of Ethereum issued a harsh warning for the sector:
"the focus on speculation and gambling, without concrete applications in the real world, could lead to the collapse of the industry"
Vitalik emphasizes the need for the creation of useful solutions, real decentralization, and practical use of blockchain technology, or else the market risks losing relevance and credibility💵⛈ #ETH
With the worsening of the interruption in the supply chain caused by the war with Iran, the Chinese government has ordered national exporters to suspend exports of nitrogenous and potash fertilizers.
The measure aims to strengthen domestic supply. China is one of the largest producers of fertilizers in the world. This will have a huge impact on global food production.
🚨💸WORLD POWERS MUST UNITE TO ENSURE PASSAGE THROUGH THE STRAIT OF HORMUZ
🔥🤬 France, Germany, the United Kingdom, Italy, the Netherlands, and Japan announce that they are ready to integrate efforts for the security of the strategic route.
The Western coalition gains strength after days of the strait's closure💪😠