Is Bitcoin About to Take a Dive? Kiyosaki’s Bold Prediction Will Leave You Shook! 😱

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As the illustrious President Donald Trump, with all the fervor of a bull in a china shop, doubles down on his tariff plans, the seasoned investor Robert Kiyosaki, a man whose predictions are as reliable as a weather vane in a hurricane, foresees a potential crash in the price of Bitcoin. Currently, the BTC price is languishing at a 2.17% decline, resting at a rather unimpressive $102,222, while daily trading volumes have surged by a staggering 14%, surpassing $44 billion. Bitcoin, that capricious creature, has been oscillating between the $101K and $106K range, and one can only wonder which way it will leap next—like a cat on a hot tin roof! 🐱‍👤

Robert Kiyosaki’s Crystal Ball: Bitcoin’s Imminent Plunge

Our dear financial oracle, Robert Kiyosaki, has taken it upon himself to enlighten us on the potential ramifications of tariffs introduced under the previous administration. He predicts a significant downturn for assets such as Bitcoin, gold, and silver. Yet, in a twist worthy of a Dostoevsky novel, he views this impending doom as a golden opportunity to stockpile more. In his latest post on X, Kiyosaki proclaimed:

“TRUMP TARRIFS BEGIN: Gold, silver, Bitcoin may crash. GOOD. Will buy more after prices crash. Real problem is DEBT….which will only get worse. CRASHES mean assets are on sale. Time to get richer.”

Earlier this week, the ever-astute analyst Arthur Hayes also chimed in, predicting a “mini financial crisis” on the horizon, with Bitcoin’s price plummeting to $70,000 before embarking on a meteoric rise to $250K. Ah, the sweet scent of speculation! 💸

BTC On-Chain Indicators: A Dance of Numbers

In addition to Kiyosaki’s musings, the blockchain analytics firm Glassnode has unearthed a significant price cluster for Bitcoin. They revealed that a considerable volume of BTC has exchanged hands in the $94,000 to $101,000 range over the past 45 days, creating a dense supply zone. The $98,000 mark has emerged as a pivotal support level. As long as Bitcoin remains above this support, the upward momentum could continue. However, should it fall below $98,000, we might just witness a descent into the abyss, with new lows potentially reaching $90,000 and beyond. 🎢

Trump Tariffs and the Macro Circus

As Trump’s tariffs are poised to take effect on February 1, investors should brace themselves for a rollercoaster of market volatility in the coming week. Moreover, the crypto market’s reaction will largely hinge on the forthcoming US jobs data. “Tariffs may cause short-term disruption, but I’m not concerned about market reaction,” Trump declared, exuding confidence in the long-term benefits of his policies. Meanwhile, the DeepSeek disruption is challenging the US AI dominance, and Trump appears ready to impose tariffs on chip exporters to China. “Eventually we are going to put tariffs on chips,” he added, as if chips were the new gold. 🍟

In a twist of fate, the US Federal Reserve has opted to keep interest rates unchanged amidst a robust labor market and rising inflationary pressures. Despite President Trump’s demands for immediate rate cuts, Fed Chair Jerome Powell remains as immovable as a statue in a park. Yet, despite these tumultuous developments, Bitcoin has shown remarkable resilience, holding steadfast above the $100K threshold. What a time to be alive! 🎉

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2025-02-01 09:18