
The Bitcoin price dropped yesterday under $83k for the first time since November last year. However, BTC managed to briefly bounce back from these lows and is now trading above $86k.
Robert Kiyosaki just released a viral tweet about the real reason behind Bitcoin price drop.
What you'll learn 👉
Kiyosaki: “Bitcoin is on SALE”
In his recent viral tweet, Robert Kiyosaki called the Bitcoin crash a buying opportunity. He says the real problem isn’t Bitcoin but America’s monetary system and the bankers he calls “criminal.” Kiyosaki believes America is bankrupt. He points to debt that exceeds $230 trillion when you include social programs like Medicare, Social Security, and the $36 trillion national debt.
Kiyosaki doesn’t trust U.S. bonds anymore. He warns that when countries like Japan and China stop buying these bonds, inflation will rise dramatically. This could crash both the economy and the U.S. dollar. That’s why he sees Bitcoin price drops as good news. When Bitcoin crashes, Kiyosaki says he smiles and buys more.
BITCOIN CRASHING
— Robert Kiyosaki (@theRealKiyosaki) February 27, 2025
Bitcoin is on SALE
I AM BUYING
WHY: The problem is not BITCOIN
THE PROBLEM is our Monetary System and our criminal bankers.
America’s bankrupt. Our debt including social programs, such as Medicare and Social Security, including our $36 trillion debt is…
He describes Bitcoin as “money with integrity” compared to what he calls “fake money.” Kiyosaki states he’s always ready to trade this fake money for gold, silver, and Bitcoin whenever they go “on sale.”
Read also: We Asked AI to Predict Solana (SOL) Price If Bitcoin Crashes to $75k
Will Bitcoin Price Recover?
Analyst ‘More Crypto Online’ posted a viral Bitcoin chart to his 30k followers on X.
The chart presents a detailed technical analysis showing Bitcoin is currently in a correction phase following an Elliott Wave structure. According to the analysis, BTC has completed a five-wave decline labeled (1)-(2)-(3)-(4)-(5), which typically signals a forthcoming retracement upward in the form of an ABC correction.
The analyst outlines two potential scenarios for Bitcoin’s next move. In what’s labeled as the “White Scenario,” we could see a corrective rally reaching the $89,920 – $94,560 resistance zone before Bitcoin resumes its downward trend. Alternatively, the “Yellow Scenario” suggests that if Bitcoin breaks above $94,560 with a clear five-wave rally pattern, the correction phase would be complete, potentially setting BTC on course toward the $130,000+ region.
$BTC: Ideally, today’s low holds, allowing for at least a move into the $89,920 – $94,560 resistance zone in the white scenario.
— More Crypto Online (@Morecryptoonl) February 26, 2025
A five-wave rally above $94,560 would provide strong confirmation of the yellow scenario, indicating that the price is on track for a move toward… pic.twitter.com/ZN3YseK1uM
Several key Fibonacci retracement levels form a critical resistance zone between $89,921 (38.2% retracement) and $94,560 (61.8% retracement). Bitcoin’s ability to break through this zone will likely determine which scenario plays out. The chart also identifies important support levels at $87,911, $84,764, $82,899, and $79,906, with recent price action showing a bounce from the lower support area – possibly indicating this level may hold.
From an Elliott Wave perspective, the recent completion of a five-wave decline suggests a corrective rally is due. The decisive factor will be whether Bitcoin can move above $94,560 in a five-wave rally pattern, which would confirm the bullish yellow scenario. If price action instead faces rejection at the $89,920 – $94,560 resistance zone, another leg lower could materialize before a complete recovery occurs.
For traders and investors watching this technical setup, the key takeaway is that Bitcoin needs to convincingly break above $94,560 to validate the bullish case toward $130,000+. If it fails to do so and stalls at the identified resistance zone, BTC could experience another decline, potentially retesting support levels below $80,000.
Read also: 3 Best Altcoins to Buy the Dip as Bitcoin Crashes Below $90K – Hint: Not XRP
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.