Bitcoin in China: Estimates put China national Bitcoin holdings at approximately 194,000 $BTC This refers to estimated national holdings, not individual investors. 📊 #BTC走势分析 #October #Cryptology_7
Robert Kiyosaki’s latest Bitcoin argument is less about getting rich and more about financial preparation.
He compared owning Bitcoin, gold and silver to having car insurance: you don’t buy insurance because you expect an accident, but because you want protection if something goes wrong.
His key point: governments can print more currency, potentially reducing purchasing power over time. Bitcoin’s 21 million supply cap is why he prefers it as an asset that cannot simply be printed.
But there’s an important caveat: limited supply doesn’t guarantee price stability. BTC can still fall sharply when demand weakens.
Kiyosaki also points to oil wells and rental properties as income-generating assets.
For me, the interesting question is:
Is Bitcoin becoming a form of financial insurance, or is it still primarily a risk asset?
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Agar price 0.0508–0.0512 tak retrace karke support le aur bullish candle banaye, tab long entry comparatively better-defined ho sakti hai.
SL: 0.0490 TP: 0.0541 → 0.0551 → 0.0570
Short: Abhi directly short lena chart par weak setup lag raha hai. Short tab consider hoga jab 0.0508 ke neeche 15m candle close mile aur retest fail ho.