Kiyosaki Warns of Imminent Major Stock Market Crash
- Market Crash Warning: Financial author Robert Kiyosaki has reiterated his prediction of an imminent “biggest stock market crash in history,” emphasizing that prepared investors will have opportunities for wealth transfer, while those unprepared may face severe losses.
- Asset Allocation Strategy: Kiyosaki states he is holding gold, silver, Ethereum, and Bitcoin as “real” assets, actively purchasing more Bitcoin as prices decline, reflecting his confidence in these scarce assets and viewing economic crises as buying opportunities for long-term investors.
- Bitcoin Supply Characteristics: He highlights Bitcoin's fixed supply, noting that only 21 million will ever exist, with nearly the entire supply already in circulation, making it an ideal investment choice during market turmoil due to its scarcity.
- Investment Philosophy: Kiyosaki's investment philosophy posits that economic crises present opportunities to buy hard assets, encouraging investors to accumulate Bitcoin and other scarce assets during market downturns to achieve higher returns in the future.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC). As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 57856.816 | 61428.408 | 64293.636 | 67865.228 | 70730.456 | 74302.048 | 77167.276 |
| Fibonacci | 61428.408 | 63887.273 | 65406.363 | 67865.228 | 70324.093 | 71843.183 | 74302.048 |
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