After Bitcoin ( BTC ) hit a record high of about $108,000, the asset has retreated, facing the threat of dropping below the $90,000 support zone as hopes of a possible Santa rally fade. With this price drop, Robert Kiyosaki , the author of the best-selling personal finance book ‘ Rich Dad Poor Dad’ , has addressed Bitcoin investors disheartened by the bearish trajectory. Kiyosaki criticized what he described as “cry babies,” complaining about the decline instead of seizing the opportunity to buy more, according to his X post on December 24. Known for his bullish stance on Bitcoin, the celebrity investor emphasized that market dips are moments to be grateful for, urging investors to view them as buying opportunities rather than reasons for concern. “Boo Hoo Boo Hoo: BITCOIN CRY BABIES crying about Bitcoin prices dropping down. Rather than say “Thank you” and buying more “Bitcoins”…..cry babies cry. Buy buy buy not cry cry cry. Be grateful. Grow up and buy more BC,” Kiyosaki said. Kiyosaki’s bullish Bitcoin stand Indeed, the financial educator has maintained that Bitcoin is the ideal asset to protect wealth as he warns about the start of a global crash . It is worth noting that Kiyosaki’s prediction of a major economic crash has been a subject of debate. In addition to the digital asset, the author has advocated investing in precious metals, including gold and silver , maintaining that they all serve the same purpose and should not be involved in a supremacy battle. In line with accumulating Bitcoin, Kiyosaki, in a Finbold report , expressed gratitude to Bitcoin investors for putting money away from traditional finance assets. According to Kiyosaki, investing in Bitcoin alongside precious metals is a way to refuse to place trust in conventional financial institutions, which he describes as a “Den of Thieves.” Bitcoin price analysis Bitcoin was trading at $93,810 at press time, down over 2% on the daily chart and a massive 12% on the weekly timeframe. Bitcoin price analysis chart. Source: Finbold Regarding the next price movement, a trading expert on X with the pseudonym Market Maestro offered potential scenarios for Bitcoin as it faces a correction. The expert stressed that as long as Bitcoin fails to achieve a weekly close above $95,221, selling pressure is expected to persist. Conversely, a weekly close below $92,140 could trigger an even sharper price decline. The first major support zone is between $92,000 and $90,000. Should this level break, the next area of interest will be between $90,000 and $82,000. On the other hand, the final significant support range sits between $82,000 and $75,000. Below $75,000, further downside targets are not currently being considered. Bitcoin price analysis chart. Source: TradingView/Market Maestro While brief intraday wicks could dip below these levels, the focus remains on weekly closes, as they carry more weight in determining the longer-term trend. Several elements suggest that Bitcoin’s correction might be temporary, as the asset has an arsenal of fundamental factors likely to spur future price growth. For instance, BTC is still benefiting from optimism tied to Donald Trump’s election win , whose campaign promised to spearhead the initiation of pro-crypto policies. To this end, some analysts maintain that in an environment of friendly regulations and institutional inflows, Bitcoin could hit a high of $200,000 in 2025. Disclaimer: The featured image in this story is for illustrative purposes only and may not accurately reflect the true likeness of the individuals depicted. The post R. Kiyosaki blasts ‘Bitcoin cry babies’ as BTC price drops appeared first on Finbold .
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Best Crypto to Join This Week: Qubetics Partners with SWFT as XRP Returns to Bullish Ways, But Polkadot Stays Southbound
The cryptocurrency market continues to shift gears, delivering surprises and opportunities for both investors and enthusiasts. Ripple (XRP) has reclaimed its bullish momentum, surging past key resistance levels and positioning itself for a strong breakout. Meanwhile, Polkadot (DOT), despite showing technical promise, struggles to break free from its bearish grip, leaving traders and analysts divided on its immediate future. Amid this dynamic landscape, Qubetics ($TICS) is making waves as a groundbreaking presale project. Backed by a high-profile partnership with SWFT Blockchain, Qubetics is redefining the blockchain wallet ecosystem and expanding into untapped territories like Real World Asset Tokenisation. With over 374 million tokens sold, Qubetics is quickly becoming a hot topic in crypto circles. Let’s dive deeper into these three standout projects—Qubetics, Ripple, and Polkadot—to understand why they’re among the best crypto to join this week and how each is carving its niche in the blockchain ecosystem. Qubetics: A Revolution in Blockchain Utility The buzz around Qubetics is palpable, and for good reason. As the world’s first Web3 aggregator, it aims to bridge real-world applications with blockchain innovation. The recent partnership with SWFT Blockchain has turbocharged its wallet features, offering lightning-fast cross-chain swaps and unmatched security. But the star of the show is its Real World Asset Tokenisation Marketplace. Real World Asset Tokenisation Marketplace: A Game-Changer Imagine a system where property, art, or even corporate bonds can be tokenised and traded on a decentralised platform. That’s precisely what Qubetics is bringing to the table. With this feature, businesses and individuals can turn tangible assets into digital tokens, unlocking liquidity and facilitating seamless global transactions. Picture a small business in Argentina seeking to expand operations. By tokenising a valuable piece of equipment or real estate, the business can attract international investors without the hurdles of traditional finance . Similarly, a professional in Brazil could use Qubetics to diversify their portfolio, owning fractional shares in assets previously out of reach. For individuals, the possibilities are equally exciting. A young entrepreneur in Chile could tokenise intellectual property, securing funding for a startup. This marketplace isn’t just a tool—it’s a paradigm shift, breaking barriers and democratising access to investment opportunities. Why Qubetics Shines Bright What makes Qubetics one of the best crypto to join this week is its ambitious vision paired with tangible solutions. It’s not just about hype; it’s about delivering real-world impact . With 374 million tokens already sold and over $7.7 million raised, the presale’s momentum is hard to ignore. Ripple: Riding the Bullish Wave Ripple, known for its focus on cross-border payments, has always been a strong player in the crypto world. Recently, XRP’s price action has reignited excitement, with the token stabilizing above $2.10 and setting sights on breaking the $2.30 resistance zone. XRP’s resurgence can be attributed to several factors. First, its stronghold in the financial sector, with partnerships spanning major banks and payment processors, reinforces its utility. Recent technical analysis reveals a bullish breakout above $2.20, with XRP trading at $2.25 and targeting the $2.30 resistance. This movement aligns with broader market trends, showcasing XRP’s resilience amid Bitcoin and Ethereum’s fluctuations. Analysts are optimistic that clearing the $2.30 hurdle could push XRP toward $2.50 or higher, reaffirming its relevance in the crypto landscape. Why Ripple Stands Out XRP’s focus on real-world applications, particularly in cross-border remittances, makes it an enduring favourite. Its ability to weather market volatility and emerge stronger underscores its potential as one of the best crypto to join this week. With technical and institutional support, Ripple is well-positioned for sustained growth. Polkadot: A Sleeping Giant? Polkadot has long been hailed for its innovative approach to blockchain interoperability. However, its recent price movements have left traders scratching their heads. Despite breaking out of a falling wedge pattern, DOT remains in bearish territory, currently trading at $6.83. Mixed Signals in the Market Polkadot’s technical indicators present a mixed bag. On the one hand, the falling wedge breakout suggests potential for a bullish reversal. On the other hand, resistance at $10.88 looms large, making traders wary. Social sentiment around Polkadot is growing, but it hasn’t translated into sustained upward momentum yet. One bright spot is the increased activity in Polkadot’s derivatives market, with long positions slightly outpacing shorts. This indicates some confidence among traders, but the road to a significant rally remains uncertain. Why Polkadot is Worth Watching While Polkadot may not be on an immediate upward trajectory, its robust ecosystem and focus on scalability make it a project with long-term potential. For those looking for diversification in their crypto portfolios, Polkadot remains a project to monitor closely. Understanding Real World Asset Tokenisation with Qubetics Asset tokenisation is not just a buzzword—it’s the future of finance. By converting physical assets into digital tokens, Qubetics enables seamless trading, increased liquidity, and broader access to investment opportunities. How It Works Qubetics’ platform uses blockchain to create digital representations of assets, ensuring transparency, security, and efficiency. These tokens can be traded globally, bypassing traditional financial systems and their associated costs. Why It Matters This technology opens up new avenues for Latin American countries, where financial systems can be restrictive or volatile. Whether it’s securing loans, attracting foreign investment, or participating in global markets, tokenisation empowers individuals and businesses . The Final Thoughts Based on our research, Qubetics, Ripple, and Polkadot each bring unique value to the table. Qubetics stands out with its ambitious vision and real-world solutions, particularly its Real World Asset Tokenisation Marketplace. Ripple’s resurgence highlights its resilience and utility, making it a strong contender in the cross-border payments space. Meanwhile, Polkadot’s innovative approach to interoperability positions it as a long-term bet despite its current challenges. If you’re looking for the best crypto to join this week, Qubetics’ ongoing presale is an opportunity worth exploring. With its focus on groundbreaking technology and real-world applications, it’s poised to redefine the blockchain landscape. Don’t miss your chance to be part of this transformative journey. For More Information: Qubetics: https://qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics The post Best Crypto to Join This Week: Qubetics Partners with SWFT as XRP Returns to Bullish Ways, But Polkadot Stays Southbound appeared first on TheCoinrise.com . Finbold
Analyst Forecast ‘Highly Bullish’ 2025 For Ethereum: Is The Bleeding Over?
Ethereum (ETH) has started to climb some levels after it fell to the $3,100 support zone last week. The second-largest cryptocurrency is attempting to break from its downtrend, with some market watchers suggesting it is poised for a massive run in 2025. Related Reading: Is Altcoin Season Here Already? VanEck Answers As Bitcoin Price Struggles Below $100,000 Ethereum Key Levels To Reclaim With only a week left in 2024, several market watchers have started forecasting the crypto market’s potential performance for next year. Despite the recent pullbacks, several analysts have predicted a remarkable performance for Ethereum in 2025. The King of Altcoins has struggled to turn the $4,000 level into support. After breaking past this level earlier this month, ETH has been rejected from this price range three times. Its latest attempt occurred a week ago when Ethereum soared to $4,100 before retracing 7.3%. As Bitcoin (BTC) fell to $92,000, the second-largest crypto continued its freefall to the $3,100 support zone, reaching its lowest price in a month. Since then, Ethereum has hovered between $3,200 and $3,550 but failed to break past the price range’s higher zone for the past four days. However, the cryptocurrency has broken out of its downtrend line and is attempting to reclaim the $3,500 support. A crypto analyst noted that ETH appears to have broken and retested its one-week downtrend after reclaiming the $3,400 support. According to the post, a “clean breakout” of this downtrend could lead the cryptocurrency to a retest of higher levels. Ali Martinez highlighted that ETH’s next big support zone was between the $3,032 and $3,132 price range, with 4.85 million ETH bought by 3.69 million addresses. Meanwhile, Ethereum’s next big resistance wall is between $3,640 and $3,740, where over 2 million addresses bought around 4.3 million ETH. To Martinez, “a sustained close outside this no-trade zone will determine the direction of ETH’s trend.” Will ETH Follow 2021’s Performance? Analyst Ted Pillows pointed out that “the first four months after U.S. elections are often highly bullish for ETH.” Per the chart, Ethereum registered massive gains in the first third of the year after the 2016 and 2020 US elections. In 2017, Ethereum started the year with a 31.92% increase in the first month, while it recorded a 78.51% surge in January 2021. In both years, ETH hit its peak monthly performances between March and April, seeing 214% and 44% returns in 2017 and 2021, respectively. If Ethereum repeats this historical performance, its price could surge above its all-time high (ATH) of $4,878 in January and continue to climb during the rest of Q1. Crypto trader Immortal noted that Ethereum’s recent performance resembles its 2020-2021 price action. According to the chart, ETH saw a significant rise in early 2021 before consolidating in its new range. This was followed by a breakout and a massive drop to retest consolidation zone. Related Reading: Solana Recovery Momentum Set The Stage For $194 Resistance Breakout However, when ETH reclaimed its breakout levels in 2021, the cryptocurrency continued rallying toward its previous ATH of $4,300, eventually hitting its current ATH at the end of the year. The trader notes that ETH is retesting the consolidation range after last week’s dip, which signals that the cryptocurrency could soar in the coming weeks if it follows a similar path. As of this writing, Ethereum is trading at $3,501, a 6.3% increase in the last 24 hours. Featured Image from Unsplash.com, Chart from TradingView.com Finbold