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Ripple's CTO and Robert Kiyosaki Advocate for Bitcoin Accumulation Amid Market Tumult


Ripple's CTO and Robert Kiyosaki Advocate for Bitcoin Accumulation Amid Market Tumult

In light of recent market fluctuations, notable figures such as David Schwartz, Ripple's CTO, and investor Robert Kiyosaki are encouraging the cryptocurrency community to consider purchasing Bitcoin. Historically, Bitcoin has exhibited cyclical patterns, often recovering from downturns over the long term.

Several concrete indicators support this outlook, such as the increasing M2 money supply, which is injecting fresh liquidity into the market. Michael Saylor, known for his bullish Bitcoin stance, has articulated plans to invest $21 billion into Bitcoin, signaling confidence in the digital asset.

Should Bitcoin Supporters Buy the Dip?

Bitcoin's price has encountered significant challenges recently, leading to a wave of unease within the cryptocurrency community. With a series of bearish indicators making headlines, the atmosphere is fraught with uncertainty. Notably, President Trump's anticipated Crypto Summit failed to quell rising apprehensions.

This week, the market opened with a dramatic correction, yet analysts like David Schwartz are asserting that this presents a prime opportunity to acquire Bitcoin. In a recent social media post, Schwartz expressed his perspective:

“Looks like a buying opportunity to me. There are two kinds of Bitcoiners in the world, those that care about the answer to that question [why would I buy Bitcoin] and those who don’t. I’m 100% okay with both kinds,” Schwartz claimed on social media.

Schwartz's view is echoed by Michael Saylor, who is on track to enhance his company's Bitcoin holdings significantly, as he strategizes to raise $21 billion through stock sales aimed at funding further acquisitions of Bitcoin.

However, some recent bearish signals warrant closer examination. Reports indicate that miners are liquidating their holdings, while Trump’s remarks concerning a potential recession have amplified existing market fears. At face value, it appears as though the horizon is clouded with challenges.

bitcoin price chart
Bitcoin (BTC) Weekly Price Chart. Source: SoSoValue

Nevertheless, several factors suggest that this moment could be advantageous for those inclined to adopt a long-term perspective. Arthur Hayes has forecast a brief market dip, followed by a potential rebound to new historical highs before 2026. Additionally, a recovery in the M2 money supply could create further liquidity to facilitate Bitcoin purchases.

“The everything bubble is bursting. I am afraid this crash may be the biggest in history. It is normal to be disturbed and fearful. Just do not panic. In 2008, I waited, letting the panic and dust settle and then started to look for great real assets on sale at deep discounts. This crash the world is going through just might be the opportunity of your lifetime,” Robert Kiyosaki stated.

Kiyosaki has consistently alluded to a market dip in recent weeks, maintaining that it represents a temporary setback. He urges investors to seize this moment to acquire Bitcoin at a discounted rate, forecasting a rebound.

The cryptocurrency landscape undoubtedly remains unpredictable. Yet, drawing from Bitcoin's historical performance, it remains clear that it has the potential to recover. Indeed, the crypto market has experienced far more severe challenges in the past.

By Taha Feyz at 2 days, 21 hours ago
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