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Huge Bitcoin Reverse Explained by Bloomberg’s Mike McGlone: Details
In a recent tweet, billionaire investor and author of “Rich Dad, Poor Dad” Robert Kiyosaki sounded the alarm about an impending global economic crash. He urged his followers to be smart with their finances and hold on to their jobs and wealth during this challenging time.
While it’s unclear what will happen next in the global economy, Bloomberg’s Mike McGlone has shared some insights that could help clarify the situation. In a recent article, McGlone explained a massive Bitcoin reverse, which could have significant implications for the market.
To begin with, McGlone emphasized that even if we’re entering a prolonged bear market or economic downturn, certain assets like gold, silver, and Bitcoin tend to hold their value. This is because they are perceived as safe-haven investments during times of uncertainty.
In the context of this crisis, Kiyosaki’s long-standing thesis remains relevant: that crashes are often an excellent opportunity for people to get rich by being smart with their money.
Source: u.today
