Tensions between Israel and Iran have reached a boiling point after Iran launched a missile attack on Israel. The attack followed an Israeli campaign against Hezbollah militants in southern Lebanon. In response, President Joe Biden and Vice President Kamala Harris convened an emergency meeting with national security officials at the White House to assess the United States' readiness to provide defense support to Israel. Financial markets reacted quickly, with the Dow Jones Industrial Average plunging more than 250 points. The main driver behind the decline was a surge in WTI crude oil prices, fueled by investor concerns about escalating unrest in the oil-rich Middle East.#IranianMissilesPlummetsBTC #Write2Win #IranIsraelConflict

Ethereum Could Fall Further!If Middle East War Tensions Continue, Ethereum ($ETH ) Could Face a Major Drop. Ethereum ($ETH ) fell sharply as war tensions escalated in the Middle East. Altcoins fell by around 10%, especially Ethereum. ETH, the pioneer of altcoins, fell below $2,500 following news of Iran launching a missile attack on Israel. The increase in spot exchange reserves of cryptocurrencies is a sign of greater selling pressure and the possibility of further price declines. Ethereum exchange reserves increased as selling pressure increased. According to data from CryptoQuant, ETH exchange reserves have increased by more than 144,000 ETH in the past 24 hours. Grayscale Ethereum Trust led the outflows with $26.64 million, while Fidelity's FETH reported outflows of $24.97 million. Bitwise's ETHW also saw net outflows of $895,650. VanEck's ETHV saw net inflows of $2.74 million, and 21Shares' CETH saw inflows of $1.25 million. The other four spot ether ETFs saw no outflows. Ethereum, which fell below $2,500 amid geopolitical tensions, was trading at $2,479 at the time of writing. ETH, which has a negative outlook on fundamental and technical analysis, could face more selling pressure unless it can close the week above $2,500. In such a case, the drawdown can go up to $2300 – $2109 and $1930 respectively. A weekly close above $2500 would strengthen the buyers’ strength. In such a scenario, a rise to $2750 – $3000 – $3294 – $3700 and $4078 respectively is possible.#KIP #Write2Win #binance #MOGUL #Write2Win

Bitcoin ($BTC ) is hovering just above the $62,000 support level after falling 3.8% in recent days. If this important level holds, BTC could recover and head towards $66,000, offering bullish potential for traders. 📈 However, a break below this support level could trigger a further decline, as the RSI is showing slowing momentum, hovering at the important level.
⚠️ Market Watch: Positive news, such as Ohio Senator Niraj Antani's bill to allow Bitcoin tax payments and Metaplanet's purchase of 107.91 BTC, have sparked optimism, but neutral investor sentiment suggests caution. The BTC buy/sell ratio remains at 1, reflecting a delicate balance between buyers and sellers.

Monday, September 30:
❗️Fed Chairman Powell's Speech - 20:55
Tuesday, October 1:
🇨🇳China - No Trades - National Day
🇺🇸United States - ISM Manufacturing PMI (September) - 17:00
❗️USA - JOLTS Job Openings (August) - 17:00
Wednesday, October 2:
🇨🇳China - No Trades - National Day
🇺🇸United States - ADP Nonfarm Payrolls (September) - 15:15
Thursday, October 3:

$BTC is now in #bearishmomentum . People can consider opening a short position now. BTC is likely to drop below 64200-62900. Make sure you are trading with enough money and using proper risk management. If there are any changes, I will provide updates.
DYOR: This information is for reference only. Do not trade blindly based on this information. You are responsible for your own profits or losses when trading.

hold steady whenis struggling. Currently, it has established support at $0.12 and is moving towards our next target of $0.27 with significant volume. Bitcoin is also expected to continue its bullish momentum. It has shown a 410% increase during our tracking period.

#fed has strongly reduced interest rates by 0.5% (quite a deep level in 4 years). And the current market sentiment is still quite cautious because of fear of an impending "economic recession". Personally, Trong is not qualified enough to analyze the possibility of a recession, but in general, this will be a good signal paving the way for "new money" to flow into long-term investment channels. People can simply understand that the Fed's interest rate reduction will create favorable conditions for businesses to borrow capital and use leverage to develop => a signal to pump cash flow and liquidity into the economy. Lower interest rates mean that commodity prices will also decrease + businesses have more capital to develop the economy => creating excess cash flow => When life meets all basic needs, people will think about investing money in risky channels such as (Crypto, Stock). Not every interest rate reduction will immediately bring the market uptrend, it needs more time to accumulate.

At Standard Chartered, which has repeatedly published reports that Bitcoin could reach $150k by the end of 2024 and $250k by the end of 2025, analysts stated that they expect a short-term bull run for the largest cryptocurrency.
Standard Chartered, the British banking giant that has been making many positive moves regarding cryptocurrencies in recent years, has once again published an important report on the sector. Analysts led by Geoff Kendrick have stated that they expect a Bitcoin price rally regardless of the US presidential election.

Back in 2019, I took a risk and decided to invest my savings - about $1,000 - in cryptocurrency. At first, I was amazed to see its value skyrocket to nearly $15,000 in just a few short months. But then the market took a sharp turn and that investment dropped to just $700 in the bear market. It was a painful experience, but I decided to continue pursuing this path.

Bearish Signs Ahead 👈💥As we mentioned earlier, exactly what we predicted has come true — both the daily and weekly closes $BTC are below the resistance level. This suggests that next week could be more bearish for Bitcoin. However, it won’t be that simple. We could see another wick up towards the $61,000 range as Bitcoin attracts liquidity, followed by low volume and bearish momentum, which could potentially lead to a market decline. 📉We bring you this update first because you are our VIP members and we want you to benefit from it. If $BTC hits $61,000, I will open my short positions.

Good day, let's take a look back at the situation #Bitcoin❗ on September 15, 2024. Currently $BTC is hovering around $60,178. Now, let's summarize the situation by looking at the indicators: Looking at the RSI, we see that it is below 70, which indicates that it is not in the overbought zone. We can say that Bitcoin is neither oversold nor overbought. Since it is above 50, this indicator shows that we are in an uptrend. So, we can say that it has recently gained some momentum and may have upside potential. Since the CCI is a sensitive indicator, it also shows that we are at the overbought limit. The MFI is almost 50, which does not give a strong buy or sell signal. So we can say that the money in and out of the market is balanced, the ROC is positive and above 0, which means there is an upward trend. This usually indicates that Bitcoin can continue to reach values ​​above 60, which indicates high price volatility. So the price may fluctuate. Extreme fluctuations are predicted by this indicator. F&G seems to be around 32. This is a bit low, which means that the market is fearful. There is some insecurity in the market. The ChandelierMO indicator also confirms that there is an upward trend. Therefore, Bitcoin is currently balanced and seems to have upside potential. But there are some concerns in the market. Stocks are not investment advice. Don't forget to do your own risk assessment. The analysis is valid until the end of the day. I wish you a good day.