Kiyosaki dey see Bitcoin under 90K, Metaplanet buy 463 BTC
Robert Kiyosaki, financial author wey write Rich Dad Poor Dad, talk say Bitcoin fit drop under $90,000 for August. If dis happen, e dey plan to double him BTC holdings. Kiyosaki talk say dis wahala fit come from how US national debt dey increase, wey don pass $30 trillion now, plus how Federal Reserve dey print money. Bitcoin just drop 5.26% go $112,250 before e bounce back to $114,492.
For meanwhile, Japanese company Metaplanet buy 463 BTC for about $115,895 each, dem spend around $53.7 million. Dis buy make Metaplanet carry 17,595 BTC total inside their bitcoin treasury, wey worth like $1.8 billion. The company yan say dem don get 459.2% year-to-date return, and na di fifth biggest institutional bitcoin holder for di world.
Traders suppose dey watch as Bitcoin go respond to big economy things. If e drop under $90,000, na chance to gather more BTC. Institutional moves like Metaplanet own fit support demand for long term.
Bullish
Robert Kiyosaki talk say make person buy Bitcoin if e fall below $90K plus Metaplanet big big purchase of 463 BTC dey signal say strong accumulation dey. Institutional buying don always provide price support during times wey market dey shake. For example, Grayscale big inflows for late 2020 help stabilize Bitcoin uptrend go 2021. Even though short term price forecast dey bearish, the focus on buying when price fall and corporate treasuries wey dey grow na fundamentally bullish. Traders dey often see this kind accumulation as green light for long term demand. Short term, Bitcoin fit get downward pressure because of macroeconomic worries. But the serious on-chain accumulation and proactive buying plans show say fresh upward momentum go show once the dip happen, and institutional confidence dey support am.