Today I listened carefully to a technical analyst who claimed a brutal drop of *Bitcoin*. He has a YouTube channel with a lion logo 🦁 and uses the phrase *"let go"* before starting his forecasts. He is an older man, serious, with white hair and beard, and wears thick glasses. According to him, *Bitcoin* will fall next week to **101, 98, 94, 92** and will close at **88 thousand dollars**. According to his analysis, we would return to the prices at the beginning of the year.
What an ability to foresee the future! With such skill, this man should be among the richest in the world.
Now, the idea that *Bitcoin* could crash is not far-fetched. The war in the Middle East and, according to some U.S. military analysts, the possibility that **Israel** would use a nuclear weapon to impose itself as a power in the region could cause a devastating impact. According to these forecasts, Israel would launch an attack that would end tens of thousands of lives in Gaza, in addition to incinerating Tehran and other Iranian cities, thus securing its *Great Israel* project. In the face of an attack with a magnitude **100 times greater** than that of Hiroshima, which country could withstand it?
This scenario would drive oil prices 🛢️ up and cause the collapse of all markets, including the cryptocurrency market. So it wouldn't be difficult to anticipate a drop in *Bitcoin*, even if Israel did not carry out its atomic attack against Iran.
In these times of uncertainty, the market wobbles under the instability generated by conflicts and the unpredictability of political figures like Donald Trump. With the new war between Israel and Iran, one simply assumes that the *altcoin season* will take time to arrive and that there is no other option but to accumulate. If the market falls, it will eventually rise.
Today I observed (Celestia) at $1.71 dollars, a coin that throughout 2024 remained above $5 dollars. I really don't know if this depreciation is temporary or if it simply reflects its new price.
Giorgio
What an ability to foresee the future! With such skill, this man should be among the richest in the world.
Now, the idea that *Bitcoin* could crash is not far-fetched. The war in the Middle East and, according to some U.S. military analysts, the possibility that **Israel** would use a nuclear weapon to impose itself as a power in the region could cause a devastating impact. According to these forecasts, Israel would launch an attack that would end tens of thousands of lives in Gaza, in addition to incinerating Tehran and other Iranian cities, thus securing its *Great Israel* project. In the face of an attack with a magnitude **100 times greater** than that of Hiroshima, which country could withstand it?
This scenario would drive oil prices 🛢️ up and cause the collapse of all markets, including the cryptocurrency market. So it wouldn't be difficult to anticipate a drop in *Bitcoin*, even if Israel did not carry out its atomic attack against Iran.
In these times of uncertainty, the market wobbles under the instability generated by conflicts and the unpredictability of political figures like Donald Trump. With the new war between Israel and Iran, one simply assumes that the *altcoin season* will take time to arrive and that there is no other option but to accumulate. If the market falls, it will eventually rise.
Today I observed (Celestia) at $1.71 dollars, a coin that throughout 2024 remained above $5 dollars. I really don't know if this depreciation is temporary or if it simply reflects its new price.
Giorgio
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BTC
104,570.94
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