The largest cryptocurrency made the headlines on numerous occasions in December and January by blowing off the $100,000 level and charting new all-time highs.<\/p>\n
After that, Bitcoin traded in a sideways channel with extreme volatility between $92,000 and $106,000. However, the 75-day rangebound trend ended this week with an<\/a> abrupt crash to below $80,000.<\/p>\n Even Bitcoin whales are offloading<\/a> supplies as selling pressure mounted in the final week of February while the network activity and hash rate plunged<\/a>.<\/p>\n But crypto asset isn\u2019t alone amid a global macro Trump dump in prices across the board. The economy is pulling back to reset as an aggressively pro-reform White House administration takes the reigns in Washington.<\/p>\n Stocks plunged over the week with a 3.5% fall in the NASDAQ Composite. Gold futures fell 2.92%. Meanwhile, the US saw its first drop in consumer spending in two years. So crypto\u2019s woes appear to be due to shifting macro tides.<\/p>\n BITCOIN CRASHING WHY: The problem is not BITCOIN America\u2019s bankrupt. Our debt including social programs, such as Medicare and Social Security, including our $36 trillion debt is\u2026<\/p>\n \u2014 Robert Kiyosaki (@theRealKiyosaki) February 27, 2025<\/a><\/p>\n\n Robert Kiyosaki isn\u2019t alone in his positive outlook for BTC.\u00a0Several blockchain market analysts say there is a recovery in view for crypto markets. BitMEX founder Arthur Hayes on Thursday predicted another<\/a> \u201cviolent wave\u201d down to $80,000 before this market clears out all the sellers.<\/p>\n That wave materialized on Thursday, and Bitcoin markets bounced off support at $78,200 and back to above $86,000 by Sunday. Meanwhile, trade volume increased as the asset made its rapid recovery, and searches and mentions of \u201cbuy the dip\u201d spiked on<\/a> social media.<\/p>\n That may be a signal that bears went too far and attracted Bitcoin bulls to the market with the smell of fresh blood on exchanges. On Wednesday, Kiyosaki exclaimed in a post on X that \u201cBitcoin is on SALE.\u201d<\/p>\n \u201cThe problem is not Bitcoin,\u201d the author of \u201cRich Dad, Poor Dad\u201d said. \u201cThe problem is our Monetary System and our criminal bankers,\u201d he added.<\/p>\n Calling US Treasury bonds \u201ca joke,\u201d Kiyosaki referenced the $36 trillion US national debt and $230 trillion in unfunded obligations for more bloated spending in pay-as-you-go social welfare programs.<\/p>\n \u201cBitcoin is money with integrity,\u201d the bestselling financial author wrote.<\/p>\n The post Rich Dad Robert Kiyosaki: Debt Economy Is Bullish for Crashing Bitcoin Prices<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The largest cryptocurrency made the headlines on numerous occasions in December and January by blowing off the $100,000 level and charting new all-time highs. After that, Bitcoin traded in a sideways channel with extreme volatility between $92,000 and $106,000. However, the 75-day rangebound trend ended this week with an abrupt crash to below $80,000. Bitcoin […]<\/p>\n","protected":false},"author":0,"featured_media":48954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-48953","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/48953"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48953"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/48953\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/48954"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Bitcoin Prices Crash In Trump Dump<\/h2>\n
Robert Kiyosaki FOMOs Bitcoin Macro Hedge<\/h2>\n
\nBitcoin is on SALE
\nI AM BUYING<\/p>\n
\nTHE PROBLEM is our Monetary System and our criminal bankers.<\/p>\n