🪙🪙🚨#BTC Why has Bitcoin experienced a notable drop in its value?. #bitcoin
Falling below $90,000 for the first time since mid-November 2024. Currently, its price hovers around $87,080, reflecting a decrease of 7.7% from the previous close. #Bitcoin❗
🎯Factors that have influenced this drop:
1. Economic uncertainty in 🇺🇲 the United States: The tariff policies of the Trump administration, including the imposition of a 25% tariff on imports from Canada and Mexico, have raised concerns about a possible economic slowdown and trade wars, leading investors to shy away from risk assets like cryptocurrencies.
2. Significant hack of Bybit: A recent cyberattack resulted in the theft of $1.5 billion in Ether tokens from the Bybit exchange platform, affecting investor confidence in the security of the crypto ecosystem.
3. Scandals in the crypto market: Events such as the collapse of the cryptocurrency $Libra, promoted by Argentine President Javier Milei, have increased distrust in the market and contributed to price volatility.
Additionally, other cryptocurrencies like #ETH Ethereum and #xrp XRP have also recorded drops of 11% and 15%, respectively, in the last 24 hours. Companies related to the sector, such as Coinbase and Riot Platforms, have experienced significant declines in their stock values.
In summary, the combination of economic uncertainty, security issues, and scandals in the market has influenced the recent drop in the price of Bitcoin and other cryptocurrencies. $BTC $XRP $ETH
#altcoins #ALT 🪙🪙The cryptocurrency market has recently seen significant declines in various altcoins, i.e. cryptocurrencies other than Bitcoin and Ethereum. Below are some of the factors that have influenced this trend: #Altcoins!
1. Scandals and scams in the crypto ecosystem:
Case 🚨 $Libra: The promotion of the cryptocurrency $Libra by Argentine President Javier Milei, followed by its collapse, has generated distrust in the market. This event not only affected $Libra investors, but also negatively impacted the fame of other cryptocurrencies, such as Solana, due to its association with 'memecoin' projects.
2. Global Economic Uncertainty:
🇺🇲US Inflation: Recent data indicates that US inflation has been higher than expected, suggesting that the Federal Reserve could keep interest rates elevated for longer. This outlook has led investors to shy away from riskier assets, including altcoins.
3. Altcoin-Specific Trends:
🧧Yearly Lows: Over 24% of the top 200 cryptocurrencies by market cap have hit their lowest levels in a year, which could signal market capitulation and potential future rallies.
Featured Token Declines: Cryptocurrencies such as Binance Coin (BNB), #Cardano Cardano (ADA), and #xrp XRP have seen notable price declines, influenced by liquidations and a decline in investor interest due to economic uncertainties.
#Cartesi Cartesi (CTSI) is a layer 2 blockchain platform that allows developers to create decentralized applications (DApps) using a complete Linux environment. This facilitates the use of conventional programming languages, expanding development possibilities in the blockchain ecosystem. #criptonews
Improved scalability: By combining on-chain and off-chain components, Cartesi addresses scalability and congestion challenges in blockchain networks such as Ethereum.
Flexibility for developers: It provides a familiar Linux-based environment, allowing smart contract programming in languages like Python, which reduces the learning curve.
Multichain compatibility: Although it initially integrates with Ethereum, Cartesi is designed to be interoperable with multiple blockchains, expanding its applicability in the crypto space.
#CTSI CTSI is the native token of the Cartesi platform and serves several key functions:
Incentives and security: It is used to reward node operators and ensure honest interactions within the network through a proof-of-stake system.
Payment of fees: Users employ CTSI to cover transaction fees and other costs associated within the Cartesi ecosystem.
Current market status:
As of February 19, 2025, the price of CTSI is approximately $0.108 USD, with a market capitalization that positions it at #397 among cryptocurrencies.
Cartesi represents an innovative solution to overcome the traditional limitations of blockchains, providing developers with more robust and familiar tools for creating scalable and efficient DApps. $CTSI
#MileiMemeCoinControversy The president of Argentina, Javier Milei, is at the center of a controversy related to the cryptocurrency $LIBRA. The scandal, dubbed "Cryptogate", has led to multiple complaints and calls for impeachment against him.
Promotion and Collapse of $LIBRA
In February 2025, Milei publicly promoted the cryptocurrency $LIBRA through his account on the social network X (formerly Twitter). Following his endorsement, the value of $LIBRA experienced a significant increase, rising from 0.3 cents to $4.978. However, shortly thereafter, its value plummeted, causing financial losses to approximately 40,000 people.
Reactions and Consequences
The political opposition has called for an impeachment trial against Milei, accusing him of misconduct and possible crimes related to the promotion of $LIBRA. Additionally, over 100 complaints have been filed against him before the Supreme Court of Argentina, alleging fraud and illicit association.
Milei has denied any direct involvement in the development of $LIBRA, stating that his intention was simply to disseminate information about the cryptocurrency and that he did not receive any personal benefit. In an interview, he declared: "I did not promote it, I disseminated it."
Ongoing Investigations
Given the magnitude of the scandal, the Anti-Corruption Office has initiated an investigation to determine if there were any improper behaviors by Milei or other senior government officials. Meanwhile, the Minister of Economy, Luis Caputo, has assured that this incident will not affect ongoing negotiations with the International Monetary Fund.
This episode has sparked an intense debate in Argentina about the responsibility of public officials in promoting investments and the need for greater regulation in the cryptocurrency market.
🪙🪙The price of #Worldcoin Worldcoin (WLD) has seen a notable decline in recent months, influenced by several factors:
🚨Regulatory and Privacy Concerns: Worldcoin has faced legal challenges in multiple countries due to the collection of biometric data, such as iris scanning. These concerns have led to suspensions of its operations in places such as Hong Kong, Spain, and Argentina, generating uncertainty among investors. #WLD
📊Token Concentration and Massive Sales: There are concerns regarding the concentration of a large number of WLD tokens in the hands of a few, which could lead to significant sales and negatively affect the price.
⛓️💥Capital Outflow and Selling Pressure: Reports indicate that entities such as Alameda Research hold large amounts of WLD, which could create additional selling pressure and contribute to the depreciation of the token. #WorldCoin.
Macroeconomic Context and Competition in the Crypto Market: The cryptocurrency market has faced macroeconomic challenges, and the emergence of new competitors has diverted investors' attention, affecting the demand and price of WLD.
These factors combined have influenced the recent drop in the price of Worldcoin. #WLD🔥🔥🔥
DCA #DCA helps reduce the impact of volatility and avoids the risk of buying at the top of the market. Instead of making a single purchase, you invest at several points in time, getting a more stable average price. #DCAStrategy
🎯Imagine you decide to invest $100 in BTC at three different points in time:
First purchase: BTC costs $40,000, you buy 0.0025 BTC.
Second purchase: BTC drops to $35,000, you buy 0.00286 BTC.
Third purchase: BTC drops to $30,000, you buy 0.00333 BTC.
After investing $300, you have accumulated 0.00869 BTC with an average price lower than the initial $40,000.
If you had invested the $300 in one go when the BTC price was at $40,000, you would have bought:
$300 ÷ $40,000 = 0.0075 BTC
With DCA, you accumulated 0.00869 BTC, which means you got 0.00119 more BTC without spending any extra money.
This shows that DCA allows you to buy more BTC when the price drops, achieving a better average cost. #EstrategiaBTC $BTC
🪙🪙 As of February 16, 2025, #Worldcoin Worldcoin (WLD) is trading around $1.23 USD, with an intraday high of $1.25 USD and a low of $1.22 USD. #WLD 🚨
📊Summary of Technical Analysis:
General Trend: According to TradingView, the summarized technical rating for Worldcoin is sell. It's important to note that market conditions are constantly changing; according to its weekly analysis, the sell trend prevails, and the monthly rating shows a sell signal.
Moving Averages: Investing.com analysis indicates a sell signal in the moving averages, with 12 indicators in sell and none in buy.
📶Technical Indicators:
RSI (Relative Strength Index): The RSI is at 40, indicating a sell condition.
MACD: The MACD shows a bearish trend, suggesting a possible continuation downward.
ADX: The ADX is at 25, indicating a weak trend.
Williams %R: The Williams %R is at -80, suggesting that the asset is oversold.
CCI: The CCI is at -100, indicating a possible upward reversal.
🔛Supports and Resistances:
Immediate Support: $1.20 USD, the level where WLD has recently found support.
Key Resistance: $1.30 USD; a breakout above this level could lead the price towards $1.35 USD.
🪙Entry Strategies:
Long Entry (Buy): If the price exceeds and consolidates above the resistance of $1.30 USD, a long entry could be considered, with targets at $1.35 USD and $1.40 USD.
Short Entry (Sell): If the price falls below the support of $1.20 USD, a short entry could be evaluated, targeting levels of $1.15 USD and $1.10 USD. #WorldCoin.
🪙🪙 As of February 14, 2025, #Xrp🔥🔥 XRP is trading around $2.71, with an intraday high of $2.77 and a low of $2.42.
Summary of Technical Analysis:
🧮General Trend: According to TradingView, the summarized technical rating for XRP is neutral in the daily range, indicating a possible price consolidation.
📊Moving Averages: The analysis from Investing.com shows a strong buy signal in the moving averages, with 12 indicators in buy and none in sell.
📶Technical Indicators:
RSI (Relative Strength Index): 66.05, indicating a buy condition.
MACD: 0.06, buy signal.
ADX: 26.48, suggesting a buy trend.
Williams %R: -9.34, indicating an overbought condition.
CCI: 121.75, buy signal.
🔛Supports and Resistances:
Immediate Support: $2.50, level where XRP has recently found support.
Key Resistance: $3.00; a breakout above this level could drive the price towards $3.20.
⚠️Entry Strategies:
Long Entry (Buy): If the price surpasses and consolidates above the resistance of $3.00, it could be considered a long entry, with targets at $3.20 and $3.50.
Short Entry (Sell): If the price falls below the support of $2.50, a short entry could be evaluated, aiming for levels of $2.30 and $2.10.
Conclusion:
XRP shows mixed technical signals, with some indications of buying and others of overbought. It is essential to monitor the mentioned support and resistance levels, as well as the technical indicators, to make informed decisions. Given the volatility of the cryptocurrency market, caution and appropriate risk management are recommended when considering trades with XRP.
🪙#Filecoin As of February 14, 2025, Filecoin (FIL) is trading around $3.50, with an intraday high of $3.53 and a low of $3.35.
Summary of Technical Analysis:
📊General Trend: According to TradingView, the summarized technical rating for Filecoin is sell. It is important to note that market conditions are constantly changing; according to its weekly analysis, the selling trend prevails, and the monthly rating shows a sell signal.
📶Moving Averages: Investing.com’s analysis indicates a strong buy signal on the moving averages, with 12 indicators in buy and none in sell.
Technical Indicators:
RSI (Relative Strength Index): 66.05, indicating a buy condition.
MACD: 0.06, buy signal.
ADX: 26.48, suggesting a buy trend.
Williams %R: -9.34, indicating an overbought condition.
CCI: 121.75, buy signal.
🔛Supports and Resistances:
Immediate Support: $3.00, a level where FIL has recently found support.
Key Resistance: $3.74; a breakout above this level could drive the price towards $4.00.
⚠️Entry Strategies:
Long Entry (Buy): If the price surpasses and consolidates above the resistance of $3.74, it could be considered a long entry, with targets at $4.00 and $4.25.
Short Entry (Sell): If the price falls below the support of $3.00, a short entry could be evaluated, aiming for levels of $2.75 and $2.50.
Conclusion:
Filecoin shows mixed technical signals, with some indications of buying and others of selling. It is essential to monitor the mentioned support and resistance levels, as well as the technical indicators, to make informed decisions. Given the volatility of the cryptocurrency market, caution and proper risk management are recommended when considering trades with FIL.
🪙The cryptocurrency market has shown remarkable volatility in recent days. Below is an analysis of the main cryptocurrencies and the factors influencing the market:
1. Debanking in the United States: Crypto companies in the US face significant challenges due to debanking, that is, the restriction of access to basic banking services. More than 40 banks have refused to open accounts for these companies, affecting their operations and growth. The situation has generated controversy, and some companies have taken their complaints to the Senate and sued regulators.
2. Expert Predictions: Eugene Fama, Nobel Prize winner in Economics in 2013, has predicted a near collapse of Bitcoin's value. He argues that due to its high volatility and lack of stable value, Bitcoin could disappear in the next decade.
3. Rise of Crypto ETFs: With Donald Trump's new mandate, there has been a surge in cryptocurrency ETF applications with the SEC. Since the approval of Bitcoin and Ether ETFs, multiple petitions have been filed to create ETFs for other assets such as Solana and XRP. The appointment of crypto-friendly authorities has favored this scenario.
Suggested Investment Strategies:
Technical Analysis: Use tools such as RSI, MACD, and moving averages to identify entry and exit points in the market.
Fundamental Analysis: Evaluate the fundamentals of each project, including its team, technology, use cases, and market adoption.
Risk Management: Due to the high volatility of the crypto market, it is essential to diversify investments and set clear profit and loss limits.
It is crucial to stay informed and conduct thorough analysis before making investment decisions in the cryptocurrency market.
In recent days, the cryptocurrency market has experienced a notable decline in the prices of major digital assets. Below are the factors that have influenced this trend:
📊1. Influence of Traditional Markets:
The recent declines in the Nasdaq index, driven by the emergence of the Chinese start-up DeepSeek 🐋 with its new artificial intelligence model, have generated panic in the tech sector, particularly affecting companies like Nvidia. This situation has spilled over into the crypto market, which has recorded significant corrections. Bitcoin, for example, has decreased by 4% in the last 24 hours, trading between $99,000 and $100,000.
🪙2. Increase in Bitcoin Dominance:
Despite the overall market decline, Bitcoin has shown greater resilience compared to other cryptocurrencies. Its dominance in the market has surpassed 60%, while many altcoins have suffered more pronounced percentage losses.
🏦3. Macroeconomic Factors:
The recent tariff policies implemented by President Donald Trump have generated economic uncertainty globally. This situation is reflected in the price of Bitcoin, which trades around $99,220, and Ethereum, which is priced at $3,089.
⛔4. Massive Liquidations:
The drop in prices has led to the liquidation of over $800 million in trader positions, primarily affecting those with leveraged positions in altcoins, which have experienced greater percentage declines than Bitcoin. $BTC
President Donald Trump #TRUMP signed a decree at the World Economic Forum in Davos to acknowledge the importance of the digital assets industry in innovation and economic development.
The creation of a task force led by David Sacks was proposed, which will review and propose new regulation within six months.
The main debate is whether oversight should fall under the SEC (Securities and Exchange Commission) or the CFTC (Commodity Futures Trading Commission):
SEC: Stricter approach, with regulations similar to those of financial securities.
CFTC: More flexible regulation, allowing for greater innovation and adoption.
This regulatory uncertainty could generate volatility in the market in the coming weeks.
🎯Market impact: Investors are attentive to how this proposal will unfold, as a clear regulatory framework could attract more institutional investment.
Overall Trend: According to TradingView, the summarized technical rating for Bitcoin is sell. However, it is important to note that market conditions are constantly changing. In the weekly analysis, a buying trend prevails, and the monthly rating shows a buy signal.
📶Moving Averages: Investing.com analysis indicates a strong buy signal in moving averages, with 12 indicators in buy and none in sell.
Long Entry (Buy): If the price surpasses and consolidates above the resistance of $102,276.00, it could be considered a long entry, with targets at $105,000.00 and $107,500.00.
Short Entry (Sell): If the price falls below the support of $98,188.00, a short entry might be evaluated, targeting levels of $95,000.00 and $92,500.00.
Conclusion:
Bitcoin has shown notable volatility in recent days, with mixed technical signals. It is essential to monitor the mentioned support and resistance levels, as well as the technical indicators, to make informed decisions. Given the volatile nature of the cryptocurrency market, proper risk management is recommended when considering trades with BTC. $BTC
As of January 30, 2025, Solana (SOL) is trading around $240.86, with an intraday high of $244.07 and a low of $223.51.
📊📉Summary Technical Analysis:
General Trend: According to TradingView, the summarized technical rating for Solana is a buy, with a strong buy signal in the one-month analysis.
📶Moving Averages: Bitget's analysis shows that, in the daily timeframe, the moving averages indicate a strong buy signal, with 12 indicators in buy and 1 in sell.
RSI (Relative Strength Index): The RSI(14) is at 50.69, indicating a neutral condition.
🔛Supports and Resistances:
Immediate Support: $218.36, a level where SOL has recently found support.
Key Resistance: $261.87; a break above this level could drive the price towards $270.00.
✅Entry Strategies:
Long Entry (Buy): If the price surpasses and consolidates above the resistance of $261.87, it could be considered a long entry, with targets at $240 and $250.
Short Entry (Sell): If the price falls below the support of $218.36, a short entry could be evaluated, aiming for levels of $210.00 and $200.00.
Conclusion:
Solana shows a bullish technical structure, supported by buy signals in the moving averages. It is essential to monitor the mentioned support and resistance levels, as well as the technical indicators, to make informed decisions. Given the volatility of the cryptocurrency market, caution and proper risk management are recommended when considering trades with SOL.
🪙💰With the updated price of $29.41 for TRUMP on Binance, I present an analysis:
📉📊Summary Technical Analysis:
General Trend: #TrumpCryptoSupport TRUMP shows an upward trend with a significant increase in its value. This could be driven by speculation or related events.
🔛Supports and Resistances:
Immediate Support: $28.50, a recent level where buyers have defended the price.
Key Resistance: $30.50; surpassing this level could pave the way towards $32.00.
✅Entry Strategies:
Long Entry (Buy): If the price exceeds and consolidates above $30.50, it could be considered a long entry with targets at $32.00 and $35.00.
Short Entry (Sell): If the price falls below $28.50, evaluate a short entry targeting levels of $27.00 and $25.00.
Conclusion:
TRUMP is showing high volatility and strong market interest. Monitor key levels and consider risk management, as such movements are usually accompanied by rapid changes in price direction.
📆As of January 28, 2025, #WorldCoin. Worldcoin (WLD) is trading around $1.78, with an intraday high of $1.94 and a low of $1.76.
📉📊Summary Technical Analysis:
Overall Trend: According to TradingView, the summary technical rating for Worldcoin is Sell, with a strong sell signal on the 1-month analysis.
📶Moving Averages: Bitget's analysis shows that on the daily time frame, the moving averages indicate a strong sell signal, with 13 sell indicators and none buying.
RSI (Relative Strength Index): The weekly RSI stands at 49.47, suggesting a mild bearish trend as it is below the neutral line of 50.
🔛Support and Resistance:
Immediate Support: $2.15, level where WLD has found support recently.
Key Resistance: $2.30; a break above this level could take the price towards $2.50.
✅Entry Strategies:
Long Entry (Buy): If the price breaks out and consolidates above the resistance of $2.30, a long entry could be considered, with targets at $1.80 and $1.95.
Short Entry (Sell): If the price falls below the support of $2.15, a short entry could be evaluated, targeting levels of $1.5 and $1.7.
Conclusion:
Worldcoin is showing technical signs of a bearish trend in the short term. It is essential to monitor the mentioned support and resistance levels, as well as technical indicators, in order to make informed decisions. Given the volatility of the cryptocurrency market, caution and proper risk management are advised when considering trading WLD.
As of January 28, 2025, XRP is trading around $3.18, with an intraday high of $3.21 and a low of $2.91.
📊📉Technical Analysis Summary:
Overall Trend: XRP has shown a significant uptrend, reaching an all-time high of $3.02 on January 15, 2025.
🔛Supports and Resistances:
Immediate Support: $2.30, a key level that has acted as support in recent movements.
Key Resistance: $3.50, a psychological level that, if overcome, could open the way to higher targets.
Conclusion:
XRP maintains a bullish technical structure, with well-defined supports and resistances. It is advisable to monitor these levels and technical indicators to identify entry and exit opportunities in the market.
As of January 28, 2025, Binance Coin (BNB) is trading around $673.08, with an intraday high of $684.60 and a low of $662.59.
📊📉Daily Technical Analysis:
General Trend: BNB has shown signs of recovery after a significant correction, bouncing from support at $639.83 and surpassing resistance at $680.43.
📶Moving Averages: The 20-period simple moving average (SMA) is at $660.13, acting as dynamic support.
Bollinger Bands: The bands are expanding after a period of contraction, indicating an increase in volatility.
RSI (14): The relative strength index is at 64.71, suggesting bullish momentum without being in overbought territory.
🔛Supports and Resistances:
Immediate Support: $660.13, corresponding to the 20-period SMA.
Key Support: $639.83, a level where buyers previously defended aggressively.
Immediate Resistance: $680.43, a level recently surpassed.
Key Resistance: $700, a significant psychological level.
✅Entry Strategy:
Bullish Scenario: If the price stays above $680.43, consider a long entry with a target at $700 and a possible extension towards $720.
Bearish Scenario: If the price falls below $660.13, it could seek support at $639.83. A break below this level could lead the price towards $620.
Conclusion:
BNB shows signs of recovery after a correction, with technical indicators suggesting a possible bullish momentum. It is crucial to monitor the mentioned support and resistance levels and wait for confirmations before making trading decisions. $BNB
As of January 27, 2025, Ethereum (ETH) is trading around $3,198.21, with an intraday high of $3,216.98 and a low of $3,069.69.
📉📊Daily Technical Analysis:
General Trend: Recently, ETH has shown a "head and shoulders" formation on the daily chart, suggesting a possible reversal of the previous bullish trend.
📶Moving Averages: The price is near the 200-day exponential moving average (EMA), located around $3,150, acting as a key support.
🔛Supports and Resistances:
Immediate Support: $3,090, corresponding to the neckline of the "head and shoulders" formation.
Key Resistance: $3,500, a level that ETH must surpass to invalidate the bearish formation and regain a bullish outlook.
Entry Strategy:
Given the possible confirmation of the "head and shoulders" formation, one strategy would be to wait for a clear break below the support at $3,090 and look for a short entry, targeting levels between $2,900 and $3,100. Alternatively, if the price rebounds and surpasses $3,500, a long entry could be considered, anticipating a bullish continuation.
Conclusion:
Ethereum shows technical signs of a possible bearish reversal on the daily frame. It is crucial to monitor the mentioned support and resistance levels and wait for confirmations before making trading decisions.
As of January 27, 2025, Bitcoin (BTC) is trading around $102,831, having reached an intraday high of $102,905 and a low of $99,376.
Daily Technical Analysis:📉📊
General Trend: In the daily chart, BTC maintains an upward trend, characterized by higher highs and higher lows.
✅Moving Averages: The 50-period exponential moving average (EMA) is above the 200-period EMA since March 2023, reinforcing the bullish outlook.
📶MACD: The MACD histogram shows expanding green bars, indicating bullish momentum. The MACD lines have crossed upward, confirming this signal.
🔛Supports and Resistances:
Key Resistance: $106,000, where profit-taking has been observed by traders.
Strong Support: $92,000, a level that has acted as support in recent pullbacks.
📥Entry Strategy:
Given the current context, a strategy could be to wait for a pullback towards the support between $92,000 to $97,000 to consider a long entry, as long as the price shows signs of recovery at that level. It is essential to monitor indicators such as the MACD and RSI to confirm the strength of the move before making a decision.
Conclusion:
Bitcoin maintains a bullish technical structure on the daily timeframe. However, it is crucial to pay attention to the mentioned support and resistance levels, as well as to the signals from technical indicators, to identify optimal entry opportunities and manage risk appropriately. $BTC