Bitcoin Nearly At a New All-Time High — Will It Fail or Prevail?

by

Bitcoin on the Brink of Glory or Illusion? The Market’s Theater Unfolds 🎭

In the quiet of the dawn, there emerges a strange and curious measure—the Bitcoin Fear and Greed Index now stands at seventy, a number that in the worldly ledger signifies greed. As if the masses, blinded by their own desire, rush headlong into the abyss, the world’s noble cryptocurrency reached the formidable figure of $108,007 earlier today, lingering dangerously close to the historic peak of $109,100 set in the distant January of this year. Yet, now it trades at $106,163, having lost a weary 1.74%, as if sighing after an arduous chase.

The Fever of Greed Approaches the Old Highs

It is the way of men: when they see a hilltop, they dash madly towards it, ignoring the precipice. The index, a mirror to their insatiable hunger, shows greed’s fiery glow. This frenzy suggests that the investors, those captains of modern commerce, are caught in a spell—overheated, overconfident, and thus bound to face correction. For weeks, Bitcoin has danced within this greed, and only last month did it stumble into the fear—an emotion as fleeting as a passing storm—when the market’s FOMO was most fierce.

But behold! The wise sources of on-chain knowledge and Sentora themselves foretell a day when Bitcoin shall surpass its former glory—maybe even before the sun sets today. A certain tweet proclaims that nine and ninety percent of Bitcoin’s holders are in profit, as if they received a blessing from the heavens, or at least from some clever data wizard.

Bitcoin Fear and Greed Index is 70 ~ Greed
Current price: $106,853

— Bitcoin Fear and Greed Index (@BitcoinFear) May 21, 2025

Meanwhile, the mighty influx into Bitcoin has been relentless. Especially when the newfangled Bitcoin ETFs appeared—bringing with them a torrent of $329 million on a single Tuesday, pushing the price upward by 3.39%, adding nearly two thousand dollars in a single day. Ah, the spectacle of human greed—so predictable yet so entertaining.

Kiyosaki’s Tirade: Bitcoin ETFs Are “Toilet Paper”

Enter Robert Kiyosaki, a sage among businessmen, the author of “Rich Dad Poor Dad,” who soothes and scolds the crowd with equal fervor. He warns us that bonds—those supposedly ‘safe’ holdings—are but illusions, the “fake” fiat that the government prints with reckless abandon since Nixon stripped gold from the dollar in 1971. To him, the world’s greatest money—gold—was once the undisputed king, with JP Morgan declaring that “Gold is money… everything else is toilet paper.” Today, he spits at the very notion of Bitcoin and silver merely being “toilet paper,” alongside the latest Bitcoin ETFs, which he dismisses with a shrug and a smirk.

BFL: Big F’n Lie: “Bonds are safe.”

For years, financial charlatans have lied, convincing their innocent victims that US bonds are secure. Only a fool believes such fairy tales.

Lesson: Nothing’s safe if someone else can mess with it—counterparty risk is the true devil.

— Robert Kiyosaki (@theRealKiyosaki) May 20, 2025

Kiyosaki, wise in his skepticism, urges us to stockpile Bitcoin, gold, and silver—armor against a looming economic storm he predicts will soon engulf the United States. Thus, he warns: prepare yourselves, for money’s elegant guise may soon crumble beneath the weight of greed and folly.

Read More

2025-05-21 14:13