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Robert Keusaki explains the real reason behind Bitcoin’s crash, as analysts set the BTC price track to $ 130,000

The price of bitcoin yesterday decreased less than 83 thousand dollars for the first time since November last year. However, BTC has briefly recovered from these lowest levels and is now trading over 86 thousand dollars.

Robert Keusaki has just released a viral tweet about the real reason behind the low price of bitcoin.

Keusaki: “Bitcoin is offered for sale”

In the recent virus tweet, Robert Keusaki fired Bitcoin’s crash for a purchase. He says the real problem is not Bitcoin, but America’s monetary system and bankers he calls “criminal”. Keusaki believes that America is bankrupt. It refers to the debts that exceed 230 trillion dollars when it includes social programs such as medicare, social security, and national debt of $ 36 trillion.

Kiyosaki no longer trusts our bonds anymore. It warns that when countries like Japan and China stop buying these bonds, inflation will increase significantly. This can disrupt the US economy and dollar. For this reason, he sees a decrease in bitcoin as a good news. When bitcoin is disrupted, Kyusaki says he smiles and buys more.

Bitcoin describes as “money with integrity” compared to what he calls “fake money”. Keusaki states that he is always ready to circulate this fake money for gold, silver and bitcoin whenever they go to “for sale”.

Also read: We asked artificial intelligence prediction at the Soliana price if Bitcoin drops to $ 75,000

Will the price of bitcoin return?

Analyst “More Crypto Online” has published the 30,000 Bitcoin Bitcoin Bitcoin chart for its followers of X.

The graph provides a detailed technical analysis that shows that Bitcoin is currently in the correction phase after the Eliott wave structure. According to the analysis, BTC has completed a decline from five waves bearing the name (1)-(2)-(3)-(4)-(5), which usually indicates a reinterput in the form of ABC correction.

An analyst determines potential scenarios for the next movement of Bitcoin. In what has been classified as “White Scepse”, we can see a correction raising of up to $ 89,920 – $ 94,560 for the resistance area before Bitcoin’s resumption. Instead, the “yellow scenario” indicates that if Bitcoin breaks more than $ 94,560 with a clear rally pattern of five waves, the correction phase will be complete, and may put BTC in the path towards a region of $ 130,000.

Many of the main decline levels in Fibonacci constitute a critical resistance area ranging from $ 89,921 (38.2 % decrease) and 94,560 dollars (61.8 %). Bitcoin’s ability to penetrate this area of ​​the scenario is probably determined. The chart also determines important support levels at $ 87,911, 84,764 dollars, 82,899 dollars, and $ 79,906, with the last basic procedure that shows a bounce from the low support zone – indicates that this level may carry.

from Elliott wave perspectiveThe last completion of the decline of five waves indicates a corrective gathering. The decisive factor will be whether Bitcoin can move more than 94,560 dollars in a five -wave rally pattern, confirming the bullish yellow scenario. If the price procedure instead has a rejection at the $ 89,920 resistance area – 94,560 dollars, less than the other leg can be achieved before a full recovery.

For merchants and investors watching this technical preparation, the main fast food is that Bitcoin needs a convincing break more than $ 94,560 to verify the validity of the ups of the ups of about $ 130,000+. If you fail to do so and regret in the specified resistance area, BTC may suffer from another decrease, it is likely to re -test the support levels less than $ 80,000.

Also read: 3 best altcoins to buy DIP with Bitcoin drop to less than 90 thousand dollars – hint: not XRP

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