Well, dash it all, Robert Kiyosaki, that perennial money-making machine 🚀, has once again peered into his crystal ball🔮 and foretold a Bitcoin price nosedive. The former Commander-in-Chief, Donald Trump, has apparently thrown a spanner in the works with his pesky tariffs—policies which, to the chagrin of many, are predicted to send Bitcoin into a tailspin.
As I nibble on my crumpet and consider the 2% dip, currently placing Bitcoin at a positively sickening $102,360, I can’t help but wonder if Kiyosaki has a point. According to him, it’s not just Bitcoin that’s in the soup🤑; he’s throwing gold and silver into the same pot of financial doom too. How jolly!
Adding another splash of gloom is analyst Arthur Hayes, who divines a “mini financial crisis” on the horizon. He predicts Bitcoin will drop to $70,000, only to bounce back in a manner befitting a pogo stick, potentially soaring to a hair-raising $250K.👏👏
Meanwhile, the eggheads over at Glassnode have chimed in with their blockchain analytics drivel, noting that Bitcoin has significant price clumps between $94,000 and $101,000. They reckon the $98,000 mark is critical. If Bitcoin falls below that threshold, it could plummet like a stone to $90,000 or even lower. Woe betide us all!😱
With the specter of Trump’s tariffs looming large on February 1, the market is girding its loins for some turbulent times. Trump, ever the optimist, remains bullish about the long-term benefits of his tariff escapade—even if it means we have to navigate a bit of a financial roller coaster in the short term🎢.
In this delightful ballet of fiscal upheaval, the US Federal Reserve has decided to keep interest rates steady amidst mounting inflation woes. So, as Bitcoin hovers bravely above the $100K line, we investors are strapped in for a bumpy ride ahead. 🍿
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2025-02-01 10:28