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Bitcoin Price Prediction: Is Kiyosaki’s Crash Warning the Catalyst for a Major BTC Price Movement?

Bitcoin is buying and selling round $110,414, with a every day buying and selling quantity of greater than $30.6 billion, exhibiting resilience regardless of heightened volatility. The newest headline-maker got here from Robert Kiyosaki, writer of Rich Dad Poor Dad, who took to X (previously Twitter) to warn of a “huge crash” that would “wipe out hundreds of thousands.”

Kiyosaki’s submit, seen by 4.6 million customers, urged buyers to hunt security in silver, gold, Bitcoin, and Ethereum.

While his warnings echo broader considerations about overvalued markets, Bitcoin’s regular worth suggests merchants should not panicking. Instead, many are positioning round technical consolidation patterns that trace at a potential breakout.

Bitcoin’s Technical Picture: A Tightening Triangle

On the technical entrance, Bitcoin price prediction stays impartial as BTC’s worth motion exhibits a symmetrical triangle sample, a basic signal of narrowing volatility earlier than a breakout. The cryptocurrency has discovered constant help alongside its ascending trendline close to $106,375, whereas overhead resistance stays capped at $111,675.

Bitcoin Price Chart – Source: Tradingview

On the 4-hour chart, Bitcoin trades near its 50-period EMA, indicating equilibrium between bulls and bears. The RSI round 49 indicators neutrality, whereas a sequence of upper lows factors towards cautious accumulation.

If Bitcoin closes decisively above $111,700, momentum may carry costs towards $116,350 and even $119,750, in keeping with Fibonacci projections.

Conversely, a dip beneath $106,000 may set off a short-term correction towards $103,500, however technical help zones recommend draw back threat stays restricted.

Key short-term indicators merchants are watching:

  • Breakout affirmation above $111,700 to focus on $116,000+
  • Support holding at $106,000 to protect bullish bias
  • Increasing buying and selling quantity to verify directional breakout

Market Sentiment: Fear or Foundation for a Rally?

While Kiyosaki’s warning provides a layer of uncertainty, it could additionally sign rising investor skepticism—a sentiment typically seen earlier than sturdy recoveries. Historically, Bitcoin has carried out finest when concern peaks however technical help holds agency.

With its market cap above $2.2 trillion and a circulating provide nearing 19.94 million BTC, Bitcoin’s long-term fundamentals stay sturdy. The asset continues to profit from institutional inflows and post-halving optimism heading into 2025.

If Bitcoin breaks above its tightening vary, a rally towards $120,000 may unfold in the coming weeks, fueled by renewed threat urge for food and hypothesis that the worst of market concern is already priced in. As volatility builds, the key query stays, will Kiyosaki’s crash warning mark the starting of panic, or the good contrarian sign for Bitcoin’s subsequent main breakout?

Bitcoin Hyper: The Next Evolution of BTC on Solana?

Bitcoin Hyper ($HYPER) is bringing a new part to the Bitcoin ecosystem. While BTC stays the gold commonplace for safety, Bitcoin Hyper provides what it all the time lacked: Solana-level pace.

Built as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), it merges Bitcoin’s stability with Solana’s high-performance framework. The end result: lightning-fast, low-cost sensible contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.

Audited by Consult, the venture emphasizes belief and scalability as adoption builds. And momentum is already sturdy. The presale has surpassed $25.5 million, with tokens priced at simply $0.013205 earlier than the subsequent improve.

As Bitcoin exercise climbs and demand for environment friendly BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s greatest ecosystems. If Bitcoin constructed the basis, Bitcoin Hyper may make it quick, versatile, and enjoyable once more.

Click Here to Participate in the Presale

The submit Bitcoin Price Prediction: Is Kiyosaki’s Crash Warning the Catalyst for a Major BTC Price Movement? appeared first on Cryptonews.

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