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Robert Kiyosaki: “Fiat money makes you poor, Bitcoin makes you rich” Robert Kiyosaki, author of the book Rich Dad Poor Dad, who stated that the US dollar is fake, said that he buys Bitcoin as a safe haven. Arguing that the US will enter an economic crisis and the US dollar will weaken, Kiyosaki frequently recommends buying Bitcoin. Seeing the trio of Bitcoin, gold and silver as the best investment vehicle, Kiyosaki expects a “super rally” in a few years. Kiyosaki explained why he loves Bitcoin in his last post on X. The famous author used the following statements; “I love Bitcoin because when I save with fiat money, I get poor, but when I save with Bitcoin, I get rich.” Famous finance expert and book author Robert Kiyosaki argued that Bitcoin undertakes the task of protecting wealth against uncertain economic conditions and is a better safe haven than the US dollar. Kiyosaki expressed concern that the US national debt will increase by a trillion dollars every 90 days. The famous author argued that the US economy is a fragile structure and that an economic crisis may soon break out. Stating that the purchasing power of the dollar is decreasing day by day, Kiyosaki announced that he trusts Bitcoin. The reason for this trust is that Bitcoin has a limited supply. According to Kiyosaki, as the value of the Bitcoin blockchain and the number of participants increase, the price of BTC will continue to rise. Kiyosaki has frequently stated that it is necessary to stay away from fiat currencies since the COVID-19 outbreak. The famous author had also given buying advice when the Bitcoin price was around $ 20,000. Kiyosaki, who reached a large audience, returned to the stage less than a week before the US elections. Addressing his followers via X, Kiyosaki made a buying recommendation despite the fact that the Bitcoin price was close to its all-time high. $BTC $ETH $BNB #CryptoDeNostradame #ParrotBambooCrypto
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Solana (SOL) could fall to $40: Frightening comment from analyst. AlanSantana, known for his cryptocurrency analysis, stated that Solana ($SOL ) could experience a sharp decline. Cryptocurrency expert AlanSantana draws attention to the decline in trading volume between September and October 2024. Stating that Solana's trading volume increased between September and November last year and that this triggered a bull rally that lasted until the first quarter of 2024, the analyst stated that this situation has reversed. Considering the volume decline, AlanSantana thinks that the Solana price could fall below $50. Despite the decline in trading volume stated by AlanSantana, Solana is still in a bullish trend. According to data from on-chain analysis firm Lookonchain, whales have increased their Solana transactions in the last week. In a post on Lookonchain’s social media platform X, it was reported that three Solana whales were withdrawing SOL from exchanges and staking the tokens. The largest withdrawal came from the address “AA21…VxH9,” which withdrew 153,511 SOL (approximately $26.4 million) from Binance and staked them. Another whale, “EHax…gAUa,” withdrew 35,498 SOL ($6.12 million) from Binance and Kraken in three days and staked these tokens. On the other hand, the whale “EGzi…mR7g” bought 13,000 SOL ($2.3 million) from Binance, bringing his total SOL holdings to 95,651. At the time of writing, Solana is trading at $178 and is up 8% in the past seven days. While accumulation and momentum are bullish, the possibility of a $40 drop seems unlikely at the moment. $BTC $ETH #CryptoDeNostradame #ParrotBambooCrypto
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Bitcoin (BTC) calm before the storm: “It will be $100,000!” Bitcoin (BTC), approaching its all-time high (ATH), has encountered selling pressure in the short term. Bitcoin ($BTC ), which has been on the rise with the approach of the US presidential election, may be pricing in a Donald Trump victory. The leader of cryptocurrencies, which has been pricing upwards since $65,000, has excited investors. However, this rise in Bitcoin, together with dominance, has created selling pressure on altcoins. Although the altcoin rally has not started yet, a large portion of investors seem hopeful. Bitcoin, which has exceeded $70,000 again after a three-month hiatus, is blinking at the top. BTC, which has managed to maintain $72,000 as support for now, may take off if Donald Trump is elected US president. However, it is necessary to pay attention to volatility during this process. Especially in the futures market, major losses may occur. As of the writing of the news, BTC, which changed hands at $ 72,348, is at an intermediate price. Bitcoin, which is priced very close to ATH, may want to test $ 80,000 with a weekly close above $ 73,684. The $ 80,000 band can serve as an important psychological resistance. In a downward scenario, the support levels to be followed are $ 70,000 - $ 67,091 - $ 64,777 and $ 62,500, respectively. If weekly closes come below the gray box ($ 62,500), the decline will deepen. Michael van de Poppe, known for his cryptocurrency analyses, expressed his striking views on Bitcoin. The analyst, who predicted that BTC would reach $ 80,000 in November, thinks that an increase to $ 90,000 - $ 100,000 will come in December. The level that van de Poppe sees as critical for Bitcoin is 71,679. The pioneer of cryptocurrencies is holding above this price for now, giving confidence to the market. $ETH $BNB #CryptoDeNostradame #ParrotBambooCrypto
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Elon Musk ahead, Dogecoin behind: Is a DOGE rally coming? Dogecoin (DOGE), which gained over 75 percent in October, reached $ 0.172 before the monthly close, reaching its highest level since May 2024. Elon Musk's statements were behind the rise in question. Musk introduced the Department of Government Efficiency agency with the abbreviation DOGE at Donald Trump's New York rally. Crypto investors argued that Musk was trying to bring $DOGE to the forefront again. DOGE, which entered an upward trend under Musk's influence, broke out of a symmetrical triangle formation and opened the doors to a potential rally. In a prepared graphic analysis, it was emphasized that DOGE could achieve a 500 percent increase. If the said rise occurs, the DOGE price could reach $ 2. DOGE, which broke the symmetrical triangle formation that has been active since April 2021, gained significant momentum. Crypto analysts predicted that DOGE would be priced between $1 and $2. Analysts compared DOGE's symmetrical formation breakout to the 2020-2021 period. During the period in question, DOGE price achieved a 31,375 percent increase with a similar breakout. The symmetrical triangle formation, which is frequently used in technical analysis, is interpreted as the beginning of a potential rally. "According to technical calculations, DOGE could reach $1 in 2025. The popular memecoin has the potential to eventually see $2. This means an increase of 500 percent to 1,000 percent from current price levels." Another important indicator supporting DOGE's rise was the Relative Strength Index (RSI). In the RSI, which showed signs of recovery, there were signals that the price would gain a strong rise. According to historical data, the positive outlook in the RSI and the breakout in the symmetrical triangle formations resulted in a bull run. $BTC $ETH #CryptoDeNostradame #ParrotBambooCrypto
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MicroStrategy's Bitcoin move: $42 billion plan. MicroStrategy announced that it aims to raise $42 billion in funds to increase the number of Bitcoin ($BTC ) it holds. MicroStrategy announced a new $42 billion capital plan to expand its strategies for Bitcoin investments. Within the scope of this plan, the company aims to increase its Bitcoin holdings by providing half of its capital from stocks and the other half from fixed-income securities. MicroStrategy announced its third-quarter financial results and stated that Bitcoin returns increased by 5.1 percent during this period. The company's BTC return rate since the beginning of the year was reported as 17.8 percent. This rate is used as a criterion in evaluating the performance of Bitcoin investment strategies. On the other hand, it was reported that MicroStrategy held approximately 252,220 Bitcoins as of September 30. Within the scope of MicroStrategy's newly announced "21/21 Plan", it is aimed to raise $42 billion in capital in the next three years. This capital will consist of $21 billion in equity and $21 billion in fixed-income securities. The company aims to support its asset management strategy by increasing its Bitcoin reserves with this capital raise. In the third quarter, MicroStrategy raised $2.1 billion in equity and debt, increased its $BTC holdings by 11 percent, and reduced annual interest expenses by $24 million. However, the company’s total revenue was $116.1 million, about $8 million below expectations. Total operating expenses for the quarter reached $514.3 million. $412.1 million of these expenses were due to losses on digital assets, and a loss of $432.6 million was incurred from operations. The net loss for the quarter was $340.2 million, or $1.72 per share. #CryptoDeNostradame #ParrotBambooCrypto
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