Robert Kiyosaki expects a sharp market slide and sees it as a chance to add to his holdings. He has named Bitcoin and Ethereum alongside gold and silver as places to park money when prices tumble. Related Reading: Bitcoin Should Be Flying—Instead, Quantum Risk Keeps It Grounded: Analyst The book author and crypto figure calls scarcity a simple reason to act now. That idea is not new, but he is putting fresh public emphasis on buying during market panic. “I am so excited and bullish on Bitcoin I am buying more and more as Bitcoin’s price goes down,” Kiyosaki said in an X post. Kiyosaki’s Scarcity Argument Kiyosaki’s view rests on one clear point: some assets are limited. Bitcoin’s capped supply is used as the main example. He believes limited supply can protect value when currencies are under pressure. “I will be buying more Bitcoin as people panic and sell into the coming crash,” he said. The strategy he’s talking about is to keep buying during price drops, taking advantage of panic to pick up more at lower levels. I Am Warning You: In Rich Dad’s Prophecy published 2013 I warned of the biggest stock market crash in history still coming. That giant crash is now imminent. The good news is those of you who followed my rich dad’s warning and prepared….the coming crash will make you richer… — Robert Kiyosaki (@theRealKiyosaki) February 17, 2026 For people who can handle big swings, that approach may produce strong gains over many years. It is an aggressive stance, and it relies on the buyer staying calm while markets move wildly around them. “This coming crash may make you richer beyond your wildest dreams if you realize crashes are the best of times to get richer,” Kiyosaki said. Market Voices Push Back Not everyone agrees with that approach. Billionaire Warren Buffett has long warned that crypto looks speculative, and financial commentator Peter Schiff argues that digital coins lack a reliable store of value. Their warnings are blunt: prices can fall much further and stay low for a long time. This tension between bullish accumulation and caution is shaping investor debate right now. Price swings in a short span are not uncommon, and those moves can test conviction. What To Watch Next Liquidity and regulatory shifts remain key factors. Large drops have often been amplified when buyers pull back or regulators implement sudden rule changes. Exchange outages, forced selling by major holders, and rapid swings in lending markets have triggered past selloffs. Reports note that macro headlines and shifts in sentiment among big investors can drive prices lower even when long-term fundamentals appear steady. Steady accumulation during such periods has historically depended on the ability to endure these shocks. Related Reading: What Bitcoin Rout? Michael Saylor Unfazed, Teases New Accumulation A Plain Takeaway Kiyosaki is making a choice about how to deal with risk: accept volatility and buy more, or avoid it and likely miss big rebounds. Both approaches have been proven right at different times. Short-term noise will be loud and distracting. Long-term results will be shown by market prices and by who keeps their nerve. Featured image from Unsplash, chart from TradingView
Robert Kiyosaki, the author of Rich Dad Poor Dad, has once again declared his support for Bitcoin, this time making a direct comparison between the digital asset and gold. In a recent post on social media, the New York Times bestselling author said that if he were forced to choose between the two, he would select Bitcoin over gold, citing the cryptocurrency’s actual design as the deciding factor. His comments quickly led to reactions from his followers, not only because of the comparison but also due to his own recent activity in the crypto market. Bitcoin Is A Better Investment Than Gold According to Kiyosaki, investing in Bitcoin is a much better decision than buying gold, and this is mostly due to the supply dynamics of the two assets. On a surface level, Kiyosaki noted that it would be obviously better to invest in both gold and Bitcoin, while also adding silver for diversification of assets. However, if he had to choose only one asset, he would choose Bitcoin. Related Reading: Contrary To Popular Belief, This Is Not The Worst Bitcoin Crash In History – Here’s The List Kiyosaki’s view on Bitcoin as a better investment is based on its hard supply cap of 21 million coins. Unlike gold, whose total reserves are uncertain and expandable through technological advancements and exploration, Bitcoin’s issuance schedule is mathematically predetermined. The protocol behind BTC makes sure that no more than 21 million coins will ever exist. As of now, over 19 million coins have already been mined, which means the network is close to its maximum supply threshold. According to Kiyosaki, this design is brilliant, and that means the price of Bitcoin should only go up. Based on Kiyosaki’s perspective, engineered scarcity gives Bitcoin a structural advantage over gold. If demand is growing while supply remains fixed, basic economic theory implies upward price pressure over the long term. “Glad I bought my Bitcoin early,” Kiyosaki said. From Selling BTC To Defending His Early Entry Claims Robert Kiyosaki rose to prominence with his 1997 bestselling book on personal finance called Rich Dad Poor Dad, which eventually rolled over into a series of personal finance books. Over the years, he has broadened his commentary to include real estate, precious metals, commodities, and, more recently, cryptocurrencies. Related Reading: Forget A Bitcoin Yearly Top, BTC Price Might Have Hit A 16-Year Cyclical Peak In late 2025, Kiyosaki disclosed that he had sold a portion of his Bitcoin holdings. The disclosure came in November, around the time the price of Bitcoin fell below $90,000. According to him, he sold roughly $2.25 million worth of Bitcoin, explaining that the coins had originally been acquired years earlier at about $6,000 each. Speaking of buying Bitcoin at $6,000, Kiyosaki is claiming he stopped buying Bitcoin at $6,000. However, he has faced backlash for this claim. Recent community notes show Kiyosaki said on January 23, 2026, that he was continuously buying Bitcoin, alongside other assets like gold, silver, and Ethereum. Nonetheless, the gold-versus-Bitcoin discussion among investors is unlikely to stop anytime soon. Featured image from Getty Images, chart from Tradingview.com
Robert Kiyosaki has moved a chunk of his Bitcoin into businesses that pay him now. Reports have disclosed he sold roughly $2.25 million worth of Bitcoin, cashing out after years of saying he was bullish on the cryptocurrency. Related Reading: $2 Billion Gone In Minutes: Bitcoin Slide Shakes Crypto World He did not say he was exiting crypto; instead, he described the shift as turning paper gains into steady income. Taking Profits For Cash Flow According to his post on X, Kiyosaki said he first bought the coins when Bitcoin traded around $6,000. He sold the recent batch at about $90,000 per coin. He recently predicted that Bitcoin will hit a $250k price tag. He told followers the proceeds will be used to buy two surgery centers and a billboard advertising business. The ‘Rich Dad Poor Dad’ author says he expects those businesses to produce about $27,500/month in tax-free income by early next year. That income, he said, will be used to buy more crypto over time. PRACTICING WHAT I TEACH: I sold $2.25 million in Bitcoin for approximately $90,000. I purchased the Bitcoin for $6,000 a coin years ago. With the cash from Bitcoin I am purchasing two surgery centers and investing in a Bill Board business. I estimate my $2.25 million… — Robert Kiyosaki (@theRealKiyosaki) November 21, 2025 Market Context And Timing Bitcoin’s price has been volatile. The coin briefly fell into the low $80,000 range during the same period Kiyosaki made the sale public. Traders have been watching big names for clues about sentiment. Kiyosaki’s move came as some investors were taking profits and others were buying dips. His message was simple: turn gains into income now, then use that income to accumulate later. Why This Matters To Investors Reports have disclosed Kiyosaki still expects higher prices over the long run. He has made bullish targets in the past, and he has said he still believes in crypto’s upside. Yet selling part of a holding while keeping the rest sends two signals at once: confidence in future gains and a preference for predictable cash flow today. For some investors, that dual message will seem cautious. For others, it looks like smart money management. Business Details And Tax Notes Kiyosaki described the new purchases as income vehicles. The claim that the monthly return will be tax-free depends on how those businesses are structured and where they are held. Tax rules vary by country and by the legal form of the business. That means the “tax-free” outcome he mentioned may not be the same for every buyer or investor. Related Reading: Trump’s WLFI Moves To Contain Wallet Breach While Federal Inquiry Looms A Measured Reaction Some market watchers saw the move as a routine rebalancing. Others took it as a headline that could influence sentiment in the short run. Whether a sale of this size by a public figure will change the price permanently is unclear. Prices are driven by many factors: macro data, regulatory signals, whale moves, and investor mood. Kiyosaki did not abandon his bullish stance. He turned a part of his crypto gains into assets that, he says, will pay him regularly and help him buy more crypto later. Featured image from Getty Images, chart from TradingView
Robert Kiyosaki is once again urging calm, saying he has no plans to sell his Bitcoin even as the market took a hard hit this week. Related Reading: XRP Earns Academic Praise: University Study Calls It ‘Gold In Your Hands’ According to his public comments, the finance author believes the recent downturn has more to do with people needing quick cash than any real shift in Bitcoin’s long-term value. He said he’s waiting things out and will only act once the market settles. Why Kiyosaki Feels No Rush To Sell Kiyosaki says he can remain patient because he does not rely on selling assets to meet daily needs. His income from real estate and private investments keeps money flowing, which reduces the temptation to sell during stressful moments. “Bitcoin crashing? Am I selling? No, I am waiting!” he said on X. Lessons From Earlier Mistakes He has spoken openly about past blunders during downturns, saying he often panicked at the wrong time. Those errors, according to him, taught lessons that schools rarely teach, especially about dealing with financial fear and failure. He believes people learn better from their own mistakes than from classroom lectures. BITCOiN CRASHING: The everything bubbles are bursting…. Q: Am I selling? A: NO: I am waiting. Q: Why aren’t you selling? A: The cause of all markets crashing is the world is in need of cash. A: I do not need cash. A: The real reason I am not selling is because the… — Robert Kiyosaki (@theRealKiyosaki) November 15, 2025 Market Pressure After Tech Weakness Bitcoin’s price slipped to the $95,000 region, a level not seen in six months. Reports have disclosed that the coin fell 10% over the week after a steep slump in AI-related and tech stocks pushed many investors away from riskier trades. The sudden pullback hit crypto quickly, raising questions about whether this was a short-term shock or something deeper. Liquidations Under 2% Of Open Interest Nearly $900 million in Bitcoin long positions were closed out during the fall. Even so, analysts say the liquidations made up less than 2% of total open interest, which helped prevent the kind of heavy spillover that marked the October 10 sell-off. This time, the pressure was strong but didn’t spiral into a wider breakdown. According to Coinglass, in the past 24 hours , 92,658 traders have liquidated their positions, which total around $149.65 million. Buying More Once The Market Settles Kiyosaki plans to add more Bitcoin when conditions improve. He keeps pointing to the fixed 21 million supply as one of the reasons he expects long-term strength. He also encourages people who own his Cashflow board game to form small learning groups, saying these groups help people stay confident when markets shake. Related Reading: Forget The Obituaries—Cardano Is Alive, Says Bitcoin Analyst Cooling Market, Not A Full Breakdown Based on reports, the broader market is calming after the past week’s losses. Traders say the selling appears tied to people needing liquidity rather than a loss of belief in crypto. Liquidity stresses can make prices drop quickly, but they can also reverse once buyers step back in. For now, the numbers — an 10% weekly slide and about $900 million in liquidations — show pressure, but not widespread panic. Featured image from Pexels, chart from TradingView
Robert Kiyosaki is gearing up for what he calls the Bitcoin “August Curse.” He’s watching price moves around the $90,000 mark. If Bitcoin slides below that level, he plans to double his holdings. He already owns about 73 Bitcoins and wants to reach 100 by the end of the year. Related Reading: Bitcoin Finds Support At $114K, But Rally May Stall Without New Drivers Kiyosaki Eyes August Dip According to Kiyosaki, August has a history of sharp dips in Bitcoin’s value. He wrote on X that he hopes for a crash below $90,000 so he can add more coins. He’s not shy about laying out his plan. He’ll buy aggressively if that trigger hits. That kind of resolve comes from a believer who sees each sell-off as a chance to build a bigger stake. BITCOIN CURSE: Will the “Bitcoin A August Curse” crash Bitcoin’s price to below $90k? I hope so. I enjoyed an exciting educational summer attending “The Collective” and “Limitless Financial Education Event.” Learning about what lies ahead with speakers such as Larry… — Robert Kiyosaki (@theRealKiyosaki) August 4, 2025 At a recent finance event, he shared the stage with Jim Rickards and Brent Johnson. He called them top voices on what might be ahead for global markets. He also praised sessions with Larry Lepard and other speakers at gatherings named “The Collective” and “Limitless Financial Education Event.” He said these talks sharpened his view on why dips are opportunities, not disasters. Debt And Doubts At Fed Kiyosaki points fingers at Washington rather than crypto’s ups and downs. He blames a trillion-plus debt and “incompetent PhDs” running what he calls “the SWAMP” in the Fed and Treasury. He sees those running US money policy as the real risk. In his view, fixing that mess beats worrying over Bitcoin’s swings. Based on reports, he still sees Bitcoin alongside gold and silver as shields against a possible financial crisis. He has warned his 2 million-plus X followers that holding cash is risky. His long-term price goal for Bitcoin is $250,000 before the end of 2025. Thinking big helps him stay calm when the market gets rocky. Calls For Calm Amid Volatility While Bitcoin topped about $120,000 last month, it’s since see-sawed between $112k and $113 last week. Kiyosaki says those shifts will make investors richer if they buy when others panic. He urges people to ignore negative headlines and focus on buying in a downturn. That’s his lesson for anyone listening. Related Reading: Spot Bitcoin ETFs Bleed Over $800 Million: Second‑Largest Exit Ever – Details His strategy is simple. He treats fear as a buy signal and keeps an eye on calendar patterns. If you share his faith in Bitcoin’s long-term upside, this could feel like a smart move. But betting on a month-to-month pattern adds risk. If Bitcoin stays strong above $90,000 this August, his plan won’t play out. In that case, he’ll miss the chance to buy cheap. Bitcoin’s path is never straight. For Kiyosaki, market dips are part of the ride. Whether others follow his lead will depend on how much risk they can handle and if they believe in that “August Curse.” Featured image from BBC, chart from TradingView
Veteran investor Robert Kiyosaki has sounded a stark warning for markets that have just seen Bitcoin hit a fresh all‑time high of $123,000. According to Kiyosaki, long‑running bubbles in the US economy are primed to burst, and Bitcoin could slide right along with stocks and bonds. The cryptocurrency is already off its peak, trading past the $118,000 mark after profit‑taking by long‑term holders. Related Reading: Crypto Crooks Take Over Stellar Blade’s X Account, Spread Fake Crypto Major Debt And Sticky Inflation Based on reports, the US national debt has climbed to over $36 trillion, a level few would have imagined a decade ago. At the same time, June’s Consumer Price Index shows inflation isn’t cooling as fast as hoped. Those figures have left many investors on edge. Kiyosaki, who has championed Bitcoin as a hedge against currency weakness, believes these pressures will trigger a broad market pullback. He warned that gold, silver and Bitcoin may see sharp corrections when the wider “bubbles” finally burst. Still, he made it clear he views any drop as a chance to buy more. BUBBLES are about to start BUSTING. When bubbles bust odds are gold, silver, and Bitcoin will bust too. Good news. If prices of gold, silver, and Bitcoin crash…. I will be buying. Take care. — Robert Kiyosaki (@theRealKiyosaki) July 21, 2025 Whales Move To Exchanges On‑chain data tell a similar story of caution. According to Glassnode, the 7‑day simple moving average of whale‑to‑exchange transfers is approaching 12,000 BTC—the highest level seen in 2025 so far. That surge mirrors activity from November 24, 2024, when large holders began shifting coins onto trading platforms to lock in gains. Bitcoin has already climbed over 50% since its April lows, so some pullback was almost inevitable. Miners have also started moving coins, suggesting they too are taking profits. BTCUSD trading at $119,426 on the 24-hour chart: TradingView Firms Double Down On Bitcoin Institutional appetite remains strong, even amid talk of a crash. Twenty‑one firms added roughly $810 million of Bitcoin to their balance sheets last week alone as part of their treasury plans. Spot Bitcoin ETFs are still drawing steady inflows, offering a regulated path for investors to gain exposure. Those continued purchases could soften the blow if a bigger sell‑off takes hold. Related Reading: Wall Street Goes Bitcoin Shopping: $810M Added To Corporate Reserves Market observers see a tug‑of‑war playing out. On one side, big holders are cashing in after a historic rally. On the other, companies and funds are piling in, betting that any dip will be short‑lived. Short‑term traders may try to ride the volatility. Long‑term backers, like Kiyosaki, are eyeing deeper discounts before they pull the trigger on new buys. The coming weeks could test Bitcoin’s resilience. If debt concerns and stubborn inflation dominate headlines, volatility may spike. Yet the ongoing institutional support and Kiyosaki’s buy‑the‑dip stance hint that any slide could set the stage for a fresh rally. Featured image from Meta, chart from TradingView
Robert Kiyosaki, author of “Rich Dad Poor Dad,” stepped back into the Bitcoin market with a bold move. According to his tweet on July 11, he purchased another Bitcoin at $110,000. Related Reading: Analyst Sounds The Alarm: Shiba Inu Primed For Over 1,500% Breakout Based on reports, he’s betting that today’s price will look cheap if Bitcoin ever hits $1 million. His choice puts him in what analyst Raoul Pal calls the “Banana Zone,” where fear of missing out drives latecomers to buy at the top and then suffer losses. Bitcoin Betting At High Prices Kiyosaki used his “PIGs Get Fat. HOGs Get Slaughtered” rule to explain why he bought at such a high level. He plans to hold until less disciplined investors push prices even higher and then sell when they panic. He warned that FOMO is like a disease that spreads fast through crowded markets. In his view, buying now—even if prices seem lofty—is key to making a profit later. Another RICH DAD LESSON: “PIGs get fat. HOGs get slaughtered.” I state this lesson because I bought my latest BITCOIN at $110k. I am now in position for what Raoul Pal calls “the Banana Zone.” In the Banana Zone the HOGS will rush in….driven to insanity by the dreaded… — Robert Kiyosaki (@theRealKiyosaki) July 11, 2025 His Early Entry And Regrets He first bought Bitcoin at $6,000, a price he admits felt expensive at the time. He said he waited too long to learn about modern money before jumping in. That lesson stuck. He’s open about past mistakes and uses them to guide current moves. He figures that if Bitcoin reaches $1 million, he’ll regret not adding more at $110,000. Learning From Past Mistakes Kiyosaki recognized he “could be wrong and a sucker” after buying another Bitcoin, yet he added that he’d “rather be a sucker than a LOSER if Bitcoin does go to $1 million.” He noted that he can handle a $100,000 loss thanks to his past work and savings. That safety net gives him room to ride out sharp drops—dips of 30–50% happen in crypto all the time. Advice For Small Investors He urged readers to pick up bits of Bitcoin however they can. “Even if you can afford only one Satoshi today, buy it,” he said. A Satoshi is one hundred millionth of a Bitcoin. Based on those remarks, he expects newcomers to look back and wish they’d snapped up every chance to buy. He also told people to “think for yourself” and not follow his words blindly. Related Reading: XRP To Hit $4 This Week? This Crypto Expert Thinks So Kiyosaki’s transparency with regards purchase prices gives his fanbase a clear view of his risk comfort level. The author views each trade as a learning step, not just an opportunity to make fast bucks. By sharing his entry point at $110,000, he sets a real‑world example of how far he’s willing to go in pursuit of that $1 million goal. Featured image from Meta, chart from TradingView
Bitcoin’s price swung wildly this week. It jumped past $111,900 on May 22, then fell to about $106,683 by May 25. Now, it’s trading around $109,060—a 0.74% dip over 24 hours but still up 3.30% on the week. Related Reading: XRP ETF At 83% Approval Odds—Is The SEC Losing Grip? Community Reacts To Quick Forecasts According to posts on X by “The Bitcoin Therapist,” Bitcoin could reach $120,000 by the end of the week. At $109,060 today, that means about a 10% rise is needed. Some traders shrugged. One comment pointed out that Bitcoin had already climbed 8% this week and asked what new data drove another bold call. Others flagged a “greedy” market and said solid charts or on-chain numbers matter more than catchy price targets. $120K Bitcoin by end of week. — The ₿itcoin Therapist (@TheBTCTherapist) May 27, 2025 Scarcity And Kiyosaki’s Bold Claim Based on reports from “Rich Dad Poor Dad” author Robert Kiyosaki, the real move in Bitcoin hasn’t even started. He says less than 2 million coins remain to be mined and that scarcity will push prices higher. I cannot believe how easy Bitcoin has made getting rich…so easy. Why everyone is not buying and holding Bitcoin is beyond me. Even .01 of a Bitcoin is going to be priceless in two years…. and maybe make you very rich. Sure Bitcoin goes up and down….but so does real life.… — Robert Kiyosaki (@theRealKiyosaki) May 26, 2025 As of May 26, 2025, nearly 19.87 million BTC are already out there, leaving roughly 1.13 million to go. Kiyosaki puts Bitcoin at $250,000 by the end of 2025 and argues that even owning 0.01 BTC could change lives in the next bull phase. His fans like the big number. Skeptics ask for more than just a story about limited supply. Q: Why will gold, silver, and Bitcoin continue to grow in value? A: The Marxist Central Bank system is crashing…. Many going bankrupt. Keep HODLing. I am and buying more Bitcoin. I predict Bitcoin climbs to $250 k this year. Buy more. Do not sell. — Robert Kiyosaki (@theRealKiyosaki) May 17, 2025 Technical Indicators And Market Mood Data from the past 30 days shows 18 green days and 12 down days for Bitcoin, which is a 60% win rate. Price swings averaged about 5.24% in that period. The Fear & Greed Index sits at 74, flagged as “Greed.” High readings like this often mean the market has already run ahead of itself. One watcher pointed to upcoming weekly and monthly candle closings as better gauges of what comes next, since raw sentiment scores can flip fast. Related Reading: Dogecoin Breakout Incoming? $3 Target On The Horizon—Analyst Bitcoin At $119K By June? Meanwhile, according to CoinCodex, Bitcoin could reach $119,495 by June 26, 2025—about an 8.97% jump from today’s $109,060, leaning on a 60% green-day rate and high greed index. Featured image from Unsplash, chart from TradingView
Financial writer Robert Kiyosaki urges investors to consider assets like Bitcoin, gold and silver to protect their savings. He argues that these traditional forms of money are better shields against what he calls “mounting financial risks.” Kiyosaki has issued a fresh warning that an economic turmoil could be on the horizon. He points to the US departure from the gold standard in 1971 as the seed of ongoing instability. Related Reading: Analyst Drops Dogecoin Bombshell: 174% Surge To $0.65 In Sight Bitcoin: Signs From Past Crises According to Kiyosaki, the Long‑Term Capital Management event in 1998 and the Wall Street crash in 2008 were early warnings. He says neither of those shocks caused the real problem—they merely hinted at deeper trouble. In his view, central banks patched holes by injecting cash, but they never fixed the underlying cracks. Those quick fixes run the risk of unravelling when debt levels get too high. In 1998 Wall Street got together and bailed out a hedge fund LTCM: Long Term Capital Management. In 2008 the Cental Banks got together to bail out Wall Street. In 2025, long time friend, Jim Rickards is asking who is going to bail out the Central Banks? In other words each… — Robert Kiyosaki (@theRealKiyosaki) May 18, 2025 Central Bank Limits Exposed Based on reports, Kiyosaki believes that printing money can’t solve every financial headache. He warns that central banks may soon hit their limits. He points out that unlimited cash printing erodes trust in currency, making it hard for banks and governments to rely on the same old playbook. In his words, “You can’t borrow or print your way out of an endless pile of debt.” That debt, he says, is growing every day. Student Loans As Potential Trigger According to the warning, US student loan debt ranks high on his list of danger signs. He sees it as a ticking time bomb that could trigger serious credit shocks. He’s not alone: Treasury Secretary Janet Yellen has said that widespread defaults could unsettle credit markets. Economist James Rickards shares the view, arguing that mass non‑payments may shake the financial system more than commercial real estate or corporate bankruptcies. Growing Interest In Bitcoin And Precious Metals Based on his comments, more people are eyeing Bitcoin, gold and silver as lifeboats. He notes that Bitcoin’s capped supply gives it an edge over fiat money, which can be printed in endless batches. He contrasts a fixed 21 million‑coin limit with the unchecked growth of government debt. Gold and silver, with centuries of use as money, also win points because they can’t be created by a keyboard. Related Reading: XRP 100x Gains Coming? The Future Is Closer Than You Think—Analyst What Investors Should Watch Kiyosaki suggests keeping an eye on three key signs: rising debt levels, growing numbers of loan defaults, and continued currency printing. He adds that a shift toward alternative assets is a crowd signal—when more people start buying Bitcoin, trust in paper money falls. He reminds readers that no one can guarantee safety in cash; history has shown that hard assets often hold value when paper money weakens. Featured image from Pexels, chart from TradingView
Bitcoin open interest crashed by billions in one weekend, painting a bearish outlook for the flagship crypto and spells doom for BTC bulls. Despite this setback, crypto analysts have provided some optimism with their analysis, which hints at a bullish reversal soon enough. Bitcoin’s Open Interest Crashes By $4.5 Billion Over The Weekend Coinglass data shows that Bitcoin’s open interest crashed by $4.5 billion over the weekend, dropping from $65 billion to $61.5 billion. This came following the liquidations that occurred due to the BTC price crash. Further data from Coinglass shows that over $2 billion has been wiped out from the Bitcoin market in the last 24 hours. Related Reading: Bitcoin Traders Turn Bearish Despite Price Recovery Above $97,000, Here Are The Numbers Bitcoin bulls took the most hit, as $1.88 billion in long positions was liquidated during this period, leading to a crash in BTC’s open interest. This paints a bearish outlook for the flagship crypto and puts the bulls in danger as the bears look to be firmly in control. For context, Bitcoin dropped from above $100,000 to as low as $92,000 over the weekend. This Bitcoin price crash occurred after US President Donald Trump announced a 25% tariff on imports from Mexico and Canada and a 10% tariff on goods from China. Mexico and Canada have retaliated by imposing tariffs on goods from the US, while China has also hinted about imposing a tariff on US goods. Bitcoin’s open interest looks unlikely to recover in the short term as market participants could choose to stay out of the market due to economic uncertainty. This occurrence spells doom for Bitcoin bulls as the flagship crypto could drop lower if there are no buyers to defend BTC at these levels. Some Positive For Bitcoin Amid Open Interest Crash In an X post, crypto analyst Ali Martinez revealed that 65.75% of Binance traders with open Bitcoin futures positions are betting on the upside. This is bullish for the BTC price as these traders have a track record of being right most of the time. As such, the flagship crypto could rebound from its current price level. In an X post, crypto analyst Titan of Crypto stated that the broader trend for the Bitcoin price is still upward. This came as he revealed that BTC is establishing a new range between $104,400 and $93,600. The crypto analyst remarked that the short-term direction remains uncertain until this range breaks. However, in the long term, Titan of Crypto is confident that the broader trend is still upward. Related Reading: Bitcoin Price In Trouble? Bearish Divergence That Led To Market Crash Last Cycle Returns Meanwhile, renowned author and finance expert Robert Kiyosaki suggested that this wasn’t a time to panic as this was an opportunity to buy Bitcoin on sale before it rallies further to the upside. At the time of writing, the Bitcoin price is trading at around $94,000, down over 6% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Author of “Rich Dad, Poor Dad” and Bitcoin (BTC) enthusiast Robert Kiyosaki has backed the premier cryptocurrency to attain a $350,000 price mark in 2025. This daring prediction comes alongside slamming comments against asset manager BlackRock whom Kiyosaki accuses of trying to manipulate BTC’s price. Related Reading: BlackRock’s iShares ETF Makes History with Unique Blockchain-Backed […]
Robert Kiyosaki plans to buy more Bitcoin following its recent price drop to $58,400, viewing the dip as a buying opportunity.
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