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On August 22, according to Irans Mehr News Agency, Iranian Defense Ministry spokesman Reza Tarai-nik stated in an interview with Iranian state television that Irans weapons and defense equipment production has doubled in the past year. Tarai-nik said that after the 12-day conflict with the US and Israel last June, Irans overall weapons and defense equipment production doubled, with some strategic equipment prioritized for wartime deployment seeing production more than triple. This directly contradicts claims made by US and Israeli leaders that "Iranian defense production will stagnate."On August 22, Bulgarian Defense Minister Stoyanov told the media that the US KC-135 tanker aircraft formerly stationed at Bezmer Air Base in Bulgaria had left on August 21. Stoyanov further explained that the US tanker aircraft primarily conducted training activities during their deployment in Bulgaria and did not leave NATO airspace. On July 22, the Bulgarian parliament approved the deployment of eight US KC-135 tanker aircraft and 250 US military personnel to Bezmer Air Base in eastern Bulgaria until October 1.August 22nd - Currently, my countrys computing power is growing rapidly, computing equipment is upgrading towards higher energy efficiency, the green transformation of computing carriers is progressing positively, and computing-power collaboration is moving from concept to practice. New models and new business forms such as computing networks, the word economy, and overseas expansion of computing power are becoming new growth engines. The report points out that in terms of the greening of computing equipment, my countrys computing equipment is accelerating its iterative upgrade towards higher energy efficiency. As of the end of June 2026, my countrys intelligent computing power will reach 2185 EFLOPS. New technologies such as liquid cooling, high-speed optical interconnects, and new storage architectures have become essential conditions for the construction of high-density intelligent computing centers, supporting the coordinated development of the computing power industry in terms of scale, performance, and energy efficiency.August 22nd - According to data from online platforms, as of now, the total box office revenue for 2026 (including pre-sales) has exceeded 27 billion yuan.On August 22, local time, in response to threats from the United States, Iranian Parliament Speaker Ghalibaf posted on social media that Iran had received messages from many neighboring countries expressing their desire to establish new security and economic cooperation mechanisms in the region. Ghalibaf stated that the United States, in order to protect Israels interests, has seriously jeopardized the security of each of its allies through bullying and complete disregard for their interests, to the point that they have felt their very survival is threatened. "We need a truly independent, homeland order that can bring peace and security to the region."

Bitcoin Break Out or Break Down?

Skylar Shaw

Oct 08, 2022 14:12

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Technical Analysis of Bitcoin

The flat bottom falling top in BTC, which has been as resistance since the beginning of June, was covered in our most recent article. This upper resistance line was tested five times, which tells us that it has followed the highs during the previous five months. As we inch closer to the ever-narrowing apex, BTC has yet to break out of its wedge shape.


Today, we'll take a closer look at a resistance trendline that stretches all the way back to the all-time high on November 21, 2021. The fact that this trendline starts at our all-time high and remained almost unbroken for such a long period offers us a signal that this may be an even more significant resistance line, even if it was only  challenged twice over its 11-month run.


It's interesting to note that on October 4, this upper trendline was broken above, creating a support zone for today's trade. Despite the fact that there may be support there right now, the falling trendline is still oriented downward and is positioned to reach support around about $18,500.