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Kiyosaki Anticipates Bitcoin Crash Amid Trump’s Tariff Announcement

Amid impending tariffs from Donald Trump, investor Robert Kiyosaki predicts a downturn in Bitcoin, gold, and silver prices. Bitcoin is trading at $102,222, and Glassnode indicates a critical price range that could affect future movements. Market volatility is anticipated following the tariffs’ rollout.

Investor Robert Kiyosaki has expressed concern regarding a potential decline in Bitcoin, gold, and silver due to tariffs implemented by former President Donald Trump. As Bitcoin currently trades at $102,222, Kiyosaki anticipates increased market volatility after the tariffs are set to take effect on February 1. He believes a downturn in these asset prices would create an opportunity to acquire them at lower costs.

Kiyosaki has a history of commenting on market movements and was prompted to address the possible implications of Trump’s tariff strategy on cryptocurrency and precious metals. Blockchain analytics firm Glassnode has identified a key price range for Bitcoin, which could influence market behavior depending on whether it maintains or drops below that range. Additionally, the economic backdrop includes factors like U.S. jobs data and Federal Reserve policy.

In summary, Robert Kiyosaki foresees a potential crash in the prices of Bitcoin, gold, and silver, triggered by upcoming tariffs under Trump’s administration. This outcome may lead to significant market fluctuations, creating opportunities for astute investors. The interplay of these events and economic indicators will be critical in shaping the future trajectory of cryptocurrency values.

Original Source: coingape.com

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