Gleb
@armen07
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There has been a lot of volatility in the market lately (Bitcoin fell by 7k in just a couple of days), caused by a combination of several factors, which I want to talk about in this post.
Let's start with the situation in the US, which, fortunately or unfortunately, affects the whole world, because the American economy is the largest in the world. And the situation in the US right now is not the most rosy.
Firstly, the unemployment rate has been growing for several months (the figures have grown by 0.2% over the past month), which directly affects the economy - people without work cannot or spend much less, which means less profit for businesses and less taxes.
For example, Amazon lost almost $1 billion in revenue last month, and this is the largest company in the world engaged in the sale and delivery of all kinds of goods in the US.
At the same time, we have been seeing a decline in inflation for several months in a row, as a result of which, according to forecasts, the Fed will lower the key rate by as … 0 reply
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$BTC Many people forget one important aspect when discussing Bitcoin – its history of corrections. Remember how it crashed from $18,000 to $3,500 in 2017-2018. Then, in 2021, it went from $64,500 to less than $30,000, and then from $68,000 to $18,000. But here we are in 2024, and Bitcoin has formed a near triple top without a significant correction. This reminds us that the $40-45k range may be more realistic than the long-awaited $100k.
The crypto market loves to repeat its stories and fuel the hype, but don’t forget that institutions can withdraw their funds at any time. Risks must be justified, and while we may think one thing, the market often thinks otherwise. Do you think we will see Bitcoin at $100k or will it drop to $45k first? 1 reply
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Robert Kiyosaki, an American businessman and author of Rich Dad Poor Dad, predicts that the price of Bitcoin will reach $105,000 in August 2025 if Donald Trump wins the presidential election in November.
- Kiyosaki believes that the weakening of the US dollar, which Trump is striving for, will be the main factor in the growth of Bitcoin.
- A weakening dollar occurs when the Federal Reserve cuts interest rates, which makes imports more expensive and exports cheaper.
- Trump plans to increase the country's oil production, which will create jobs and allow citizens to invest more in assets such as gold, silver and bitcoin.
Kiyosaki previously predicted that Bitcoin would reach $350,000, citing the incompetence of American leaders. 0 reply
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