Bitcoin Struggles to Hold $38K as Bears Threaten Comeback; Kiyosaki Bullish Long-Term While Altcoins Face Resistance
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Bitcoin has started the week on a negative note, failing to sustain above $38,000 resistance. This has opened a small window for bears to make a comeback.
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Rich Dad Poor Dad author Robert Kiyosaki reiterated his long-term bullish view on Bitcoin, gold and silver, cautioning investors to get out of fiat money.
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S&P 500 continued its uptrend, surging above a key downtrend line. However, overbought RSI signals a minor correction is possible.
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Ether surged close to overhead resistance at $2,137 but faced selling pressure. A drop below 20-day EMA could signal a deeper correction.
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Altcoins like BNB, XRP, SOL, ADA, DOGE and LINK are facing selling near key overhead resistance levels. Supports at 20-day or 50-day EMAs will be key.