Analysts Reveal the Next Crypto: APEMARS Presale Dominates with $175K+ Raised as XRP and Cardano Gain Momentum Digital Journal
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Donald Trump’s son Eric Trump has made a bold prediction for Bitcoin. Speaking at the Wyoming Blockchain Symposium, he called himself a “Bitcoin Maxi” and predicted that the world’s largest cryptocurrency would hit $175,000 before the close of 2025. Trump’s Bullish Prediction on Bitcoin During the Wyoming Blockchain Symposium, Eric Trump told attendees that he
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]]>Arctic Pablo Hits $175K in 11 Days, Shiba Inu’s $12.61B Market Cap Reigns, and Degen’s 14.18B Supply Powers Staking Rewards MSN
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Robert Kiyosaki, the author of the famous ‘Rich Dad Poor Dad’ has revealed his expectations for a whopping rise in the value of Bitcoin in 2025. Kiyosaki values BTC price between $175,000 and $350,000 as he continued to take a bullish approach towards the popular cryptocurrency. The following forecasts come after Bitcoin’s outstanding year in 2024, which saw the crypto rise by 121% and hit a record $108,135 in December.
Robert Kiyosaki Says Bitcoin Will Surge to $175K-$350K In 2025
In a post on X, Robert Kiyosaki reiterated his bullish outlook on Bitcoin, predicting that the cryptocurrency could climb to $175,000 or even $350,000 in 2025. He attributed this to the growing market demand and the enhanced usage of Bitcoin as an investment instrument.
Bitcoin, the world’s largest crypto by market capitalization, surged 121% in an year and hit a record high of $108,135 in mid-December. As of the time of this writing, Bitcoin has made a sharp recovery: from the low of $94,280, the cryptocurrency has managed to rise above $96,900.
The price increase represents a 2.72% gain within the last 24 hours, with trading volumes spiking by 87.07% to $45.93 billion. This rally shows a rising market sentiment as Bitcoin price nears the $97k mark and increasing the market capitalization near $2T.
Similarly, in December, the Rich Dad Poor Dad author warned of an impending global economic depression, highlighting downturns in Europe, China, and the U.S. Robert Kiyosaki advised individuals to protect their wealth by investing in assets such as Bitcoin, gold, and silver.
Therefore, he stressed the need for self-custody of Bitcoin and discouraged investors from focusing on the institutional investment products such as ETFs. Interestingly, Kiyosaki did not change his stand that Bitcoin price could reach $350,000 by 2025.
Bitcoin Price Actions and Other Analysts’ Predictions
Other market experts have echoed Robert Kiyosaki bullish sentiments for Bitcoin. Fundstrat’s Tom Lee has projected a target of $250,000 for Bitcoin in 2025, while Galaxy Digital anticipates the cryptocurrency could surpass $150,000 within the first half of the year. Analysts point to growing institutional interest and macroeconomic conditions as drivers for these projections.
Additionally, an economist, Alex Krüger, suggests that a dovish stance from the Federal Reserve in 2025 could act as a catalyst for BTC price rally. He explains that reduced interest rates may create a risk-on environment, boosting assets like Bitcoin. Krüger also notes that a strong equities performance in March or April could further amplify Bitcoin’s upward momentum.
Moreover, Jeff Park, Head of Alpha Strategies at Bitwise, suggested that Bitcoin could reach $1 million in 2025. However, he cautioned that this would depend on the implementation of a U.S. Bitcoin Strategic Reserve, which he estimated has less than a 10% chance of occurring. Market optimism remains high, fueled by Robert Kiyosaki’s predictions and prospect of enhanced adoption and regulatory clarity.
Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
The U.S. Spot Bitcoin ETF market remains a hotspot for investors, accumulating a staggering around 175,000 BTC since its launch despite Grayscale’s heavy outflow. Notably, the Bitcoin ETFs also continued their robust momentum this week, while Fidelity FBTC recorded its highest inflow on March 7 since its launch. However, the latest data also suggests that the BlackRock influx has cooled this week, sparking curiosity among investors.
U.S. Bitcoin ETF Accumulates 175K BTC
Since the inception of the U.S. Spot Bitcoin ETF, investor interest has skyrocketed, with total inflows reaching $9.36 billion, equivalent to 174,881.2 BTC. On March 7 alone, these ETFs accumulated 7,018.2 BTC, underscoring the growing demand for Bitcoin investment instruments.
Meanwhile, Fidelity’s FBTC led the pack, which attracted a whopping $473.4 million inflow or 7,030.2 BTC, followed by BlackRock’s $244.2 million influx or 3,627.3 BTC on March 7. However, while Fidelity’s inflow surged, BlackRock’s IBIT experienced a cooling trend.
In contrast, Grayscale’s GBTC faced significant outflows, recording $374.8 million on the same day. Since the launch of the U.S. Spot BTC ETFs in January 2024, Grayscale’s total outflux has hit $10.25 billion or 217,844.7 BTC.
Commenting on this surge, James Butterfill, CoinShares’ Head of Research, highlighted the relentless momentum, stating, “US Bitcoin ETF Issuers are not showing any signs of inflows slowing down.” This sentiment reflects the bullish outlook of investors towards Spot Bitcoin ETFs and the broader digital asset market.
Also Read: Blur, Sei, and Uniswap Prices Likely to Rally Next Week, Here’s Why
Global Digital Asset Sector Witnesses Remarkable Growth
The Bitcoin ETF has fuelled confidence of the investors in the digital asset sector. Notably, beyond BTC ETFs, the global digital asset sector is experiencing a remarkable surge in investments.
James Butterfill shared insights, revealing a total fund flow exceeding $10 billion year-to-date (YTD) in the Digital Asset sector as of March 7, nearing the $10.6 billion mark observed in 2021.
The United States emerges as a key player in this surge, with a significant inflow of $10.45 billion in 2024, compared to just $4.64 billion in 2021. This exponential growth underscores the increasing confidence of investors in digital assets and their potential for long-term value appreciation.
Also Read: Solana Co-founder Praises Brian Armstrong Over Coinbase’s Hiring Policy
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Bitcoin price is attempting an upside break above $17,000. BTC could start a steady recovery if it clears the $17,000 and $17,200 resistance levels.
- Bitcoin is attempting an upside break above the $17,000 and $17,200 levels.
- The price is trading above $16,800 and the 100 hourly simple moving average.
- There was a break above a key bearish trend line with resistance near $16,820 on the hourly chart of the BTC/USD pair (data feed from Kraken).
- The pair could attempt a fresh increase if there is a clear move above the $17,200 resistance zone.
Bitcoin Price Eyes Upside Break
Bitcoin price managed to stay above the $16,550 zone. A base was formed and the price started a fresh increase above the $16,700 resistance zone. BTC even climbed above the $16,800 resistance and the 100 hourly simple moving average.
There was a clear move above the 50% Fib retracement level of the downward move from the $17,067 swing high to $16,565 low. Besides, there was a break above a key bearish trend line with resistance near $16,820 on the hourly chart of the BTC/USD pair.
Bitcoin price is now trading above $16,800 and the 100 hourly simple moving average. It is also trading above the 61.8% Fib retracement level of the downward move from the $17,067 swing high to $16,565 low.
On the upside, an immediate resistance is near the $17,000 zone. The first major resistance is near the $17,200 zone. A clear move above the $17,200 resistance might start a steady recovery wave.
Source: BTCUSD on TradingView.com
The next major resistance is near $17,500, above which the price climb towards the $18,000 resistance zone. Any more gains might send the pair towards the $18,500 resistance zone.
Fresh Drop in BTC?
If bitcoin fails to clear the $17,200 resistance, there could be a fresh downward move. An immediate support on the downside is near the $16,800 level and the 100 hourly SMA
The next major support is near the $16,680 level. A downside break below the $16,680 support might call for a move towards the $16,550 level. Any more losses might send the price towards $16,350.
Technical indicators:
Hourly MACD – The MACD is now gaining pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $16,800, followed by $16,550.
Major Resistance Levels – $17,000, $17,200 and $17,500.
Bitcoin price remained well bid above the $16,920 support. BTC climbed higher and might soon aim an upside break above the $17,500 resistance zone.
- Bitcoin found a strong buying interest near the $16,920 and $16,900 levels.
- The price is trading above $17,000 and the 100 hourly simple moving average.
- There is a major contracting triangle forming with resistance near $17,220 on the hourly chart of the BTC/USD pair (data feed from Kraken).
- The pair could gain bullish momentum if it clears the $17,250 and $17,450 resistance levels.
Bitcoin Price Eyes Upside Break
Bitcoin price corrected lower from the $17,292 swing high. BTC declined below the $17,000 level and the 100 hourly simple moving average.
However, the bulls were active near the $16,920 and $16,900 levels. A low was formed near $16,880 and the price started a fresh increase. There was a clear move above the $17,000 resistance zone and the 100 hourly simple moving average.
Bitcoin price is now consolidating gains near the $17,150 level. There was a minor decline below the 23.6% Fib retracement level of the recent increase from the $16,880 low to $17,247 high.
On the upside, an immediate resistance is near the $17,150 level. There is also a major contracting triangle forming with resistance near $17,220 on the hourly chart of the BTC/USD pair. The first major resistance is near the $17,300 zone, above which the price may perhaps revisit the $17,450 zone.
Source: BTCUSD on TradingView.com
The next major resistance is near $17,500, above which the price start a steady increase and rise towards the $18,000 zone in the near term.
Dips Limited in BTC?
If bitcoin fails to clear the $17,150 resistance, there could be a fresh decline. An immediate support on the downside is near the $17,120 level and the 100 hourly simple moving average.
The next major support is near the $17,000 zone. It is near the 50% Fib retracement level of the recent increase from the $16,880 low to $17,247 high. A downside break below the $17,000 support might call a drop towards $16,880. Any more losses might push the price towards the $16,500 zone in the near term.
Technical indicators:
Hourly MACD – The MACD is now losing pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $17,000, followed by $16,880.
Major Resistance Levels – $17,150, $17,300 and $17,450.
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