- The cryptography market absorbs $ 19 billion in entries
- Robert Kiyosaki relies on bitcoin in massive inflation to come
The cryptocurrency analyst and trader Ali Martinez, known on the social media network X under the name of @ali_charts, has published a graph which shows a several billion cumulative dishes of several billion dishes in the cryptographic market identified during the last month.
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The cryptography market absorbs $ 19 billion in entries
According to the X Post and the Glassnode graph published by Martinez, in the last 30 days, a breathtaking amount of $ 19,000,000 entered the capital entrance market. The graph follows the net position change index made of the overall market. This shows the high confidence of investors who increased in last month.
This took place while the largest cryptocurrency in the world, Bitcoin, climbed and managed to resume the level of $ 90,000, up to $ 97,927 on May 2 of last week. From April 1 to 2, the entries equivalent to $ 8 billion, according to the Glassnode graph, while at the beginning of May, they already exceeded $ 19 billion in total.
Historically, such enormous capital entries have led to major Bitcoin price peaks. However, the current entries of $ 19 billion are much more than the recently absorbed market, and it was probably motivated by financial institutions.
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Robert Kiyosaki relies on bitcoin in massive inflation to come
The eminent investor and supporter of Bitcoin, Robert Kiyosaki, also known as the author of the book “Rich Dad Poor Dad” on finance management, published a tweet this weekend, in which he expressed a major warning concerning the “biggest crash of the history market”. He also revealed why he was based on Bitcoin in such circumstances.
The financial expert referred to his book “Rich Dad’s Forecast” published in the early 2000s, where, for the first time, predicted the stock market crash above in the near future. For this reason, he said, he has bought physical gold and money, and in recent years also Bitcoin.
He admitted his strong conviction that these assets will protect his capital if massive inflation is coming. Kiyosaki expects this to happen because, if the market is blocking, then the Federal Reserve and the US Treasury imprints billions of US dollars, which he calls “false silver” because they are not supported by gold or anything else since 1971.
He also estimates that in 2026, Silver will skyrocket $ 35 per $ 70 $ 70.
