Massive $19 billion influx propels cryptocurrency market, as per report
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- Buckle Up! $19 Billion Floods Into Crypto Market: Report Prepare for Impact: Robert Kiyosaki Bets on Bitcoin Amid Massive Inflation Trouble in the Tether Sea: Top Dems Raise Concerns Biting the Bullet: Bitcoin, SHIB, XRP - Navigating the Crypto Rollercoaster
Step aside, here comes the real deal! Ali Martinez, a crypto analyst on X known as @ali_charts, has dropped some jaw-dropping figures - a staggering $19 billion influx into the crypto market over the past month. Check out his graph and the Glassnode chart for proof.
- Gamblin' Whale's $50M Bitcoin Bonanza Crypto Market Explodes with $19 Billion Inflows Rich Dad Poor Dad Author: "Bitcoin's Got My Back" The Great Unraveling: Tether's Troubles Ahead
Martinez's chart tracks the Aggregate Market Realized Value Net Position Change index, highlighting the bullish sentiment brewing in the market. This intense inflow has taken place as Bitcoin has reclaimed the $90,000 level, reaching a high of $97,927 on May 2nd last week. The early days of May saw inflows that surpassed $19 billion in total, compared with the $8 billion seen in April.
- Ready, Set, Buy: "Rich Dad Poor Dad" Author Relies on Bitcoin The Oracle of Crypto: Robert Kiyosaki Predicts Market Crash and Inflation
There's no doubt that legendary investor Robert Kiyosaki, author of "Rich Dad Poor Dad," trusts Bitcoin to protect him in the face of impending massive inflation. In a recent tweet, he warned about a "biggest market crash in history" and shared how Bitcoin would be his saving grace.
The root cause of this crash? According to Kiyosaki, it's just a matter of time before the U.S. Federal Reserve and Treasury start printing "fake money," aka trillions of dollars with no backing from gold or anything tangible since 1971. By 2026, he predicts silver will shoot up from $35 per ounce to at least $70.
- Bitcoin's Big Gamble: $200,000 or More by the End of 2025?
So, what's the price trajectory for Bitcoin as we head into 2025? It's all over the map. Some experts like PlanB project a high of $400,000 by the end of 2025, driven by institutional interest, macroeconomic trends, and supportive technical indicators.
Others such as analysts at Unchained Capital predict a more conservative $250,000, citing Bitcoin's superior monetary characteristics and increased global liquidity. But there are also those who believe Bitcoin could hit a staggering $700,000 by 2025, supported by expanding institutional adoption.
Enrichment Data:Insight Into Bitcoin's Future: The Market's Take
- Aetti's Analysis: Aetti, a popular crypto analyst, suspects that if Bitcoin manages to sneak above $104,000, it's likely to make a run for $170,000.
- TradingView's Predictions: According to TradingView's crowdsourced data, Bitcoin is expected to reach $110,000-$115,000 by next August and $130,000-$150,000 by December 2025.
- PaaKman'S Bitcoin Roadmap: Bitcoin could potentially breach $200,000 by the end of 2021, if not sooner, according to PaaKman, a crypto enthusiast and analyst.
- Tom Lee's Longshot: Fundstrat founder Tom Lee is one of the more bullish analysts, predicting Bitcoin will hit $150,000 by 2025. Lee's longshot prediction? Bitcoin could rise as high as $300,000.
Caveat Emptor:As always, remember to do your own research and consult financial experts before making any investment decisions.
- A gambler known as a 'whale' has made a $50 million investment in Bitcoin, illustrating the increasing reliance on the cryptocurrency in financial markets.
- The crypto market has experienced a $19 billion influx over the past month, fuelled by the reclaiming of the $90,000 level by Bitcoin and the bullish sentiment in the market.
- Robert Kiyosaki, author of "Rich Dad Poor Dad," has bet on Bitcoin as a safeguard against massive inflation, citing it as his preferred escape from potential market crashes caused by unbacked money printing.
