Bitcoin drops below $36K as century-old financial model predicts big BTC crash
A push to $40,000-$42,000 won't protect Bitcoin from risks of undergoing a major price decline later, suggests a century-old price prediction model created by technical analyst titan Richard Wyckoff. Overconfident Bitcoin (BTC) bulls would need to battle more than just Elon Musk as a price prediction model — created by technical analyst pioneer Richard Wyckoff more than 100 years ago — also goes against their wild upside predictions.Dubbed as Wyckoff Method, the model involves a five-phase approach to determine price trends that majorly involve investors' psychological reaction to an....
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PlanB, the popularizer behind the Bitcoin S2F method, says the model predicts BTC will break $100k by this Christmas. The Bitcoin Stock-To-Flow Model According to PlanB on Twitter, the BTC stock-to-flow (or S2F in short) model predicts that the cryptocurrency is on its way to break $100k by Christmas. The S2F model is a method to predict the price of an asset based on the ratio of the stock (supply) to the flow (annual production). PlanB is commonly known as the originator of the model, which is, however, not true. The method was already used for other assets like gold or silver before the....
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the U.S. dollar will crash by January next year after the Federal Reserve pivots. He named bitcoin as one of the investments to buy as the Fed continues to raise interest rates.
Robert Kiyosaki Predicts Imminent Crash of US Dollar
The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with a dire warning about the U.S. dollar, predicting that the USD will crash in a few months.
Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on....
The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says a crash and a depression are coming, predicting that “Gold, silver, bitcoin, real estate will crash too.” He added that he is getting ready to buy all four types of investments after the crash.
Robert Kiyosaki Predicts a Crash Is Coming
Robert Kiyosaki, the author of Rich Dad Poor Dad, has once again warned of an impending crash, followed by a depression. He expects several markets, including bitcoin, to crash.
Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon....
Crypto analyst Behdark has predicted that the Dogecoin price could suffer a major crash, sending it below the $0.30 support level. However, the analyst also provided good news as DOGE is expected to witness a massive rebound once it drops to this price level. Dogecoin Price To Crash To $0.26 And Then Rebound In a […]
A former Bank of Thailand director has warned about an imminent crypto crash. “A cryptocurrency bubble will emerge at the end of March when liquidity in the financial market drops,” he reportedly predicted.
Former Central Bank Director Warns Crypto Market Will Soon Crash
Former Bank of Thailand (BOT) Director Anusorn Thammajai reportedly warned that the cryptocurrency market will crash in a couple of months, the Nation reported Sunday. The ex-central bank director cautioned:
A cryptocurrency bubble will emerge at the end of March when liquidity in the....