Bitcoin’s Bullish Momentum: Analyzing the $108K Wedge Formation and Market Sentiment

As of August 18, 2025, Bitcoin is trading at $108,000, showing a 1% increase during the Asian trading session. This upward movement comes as investors increasingly turn to cryptocurrencies as a hedge against growing financial uncertainties. Prominent financial author Robert Kiyosaki, known for "Rich Dad Poor Dad," has issued stark warnings about a potential 1929-style market crash, pointing to Moody's recent downgrade of US credit and highlighting concerns about rising interest rates and unsustainable debt levels. Kiyosaki's advocacy positions Bitcoin alongside traditional safe-haven assets like gold and silver, reinforcing its role as a potential hedge against systemic risk. The current technical setup shows Bitcoin forming a wedge pattern at the $108,000 level, which traders are closely watching for potential breakout signals. This development occurs against a backdrop of macroeconomic concerns, with Moody's downgrade framing the US fiscal situation as increasingly precarious. The cryptocurrency market appears to be benefiting from this flight to alternative assets, with Bitcoin's performance suggesting growing confidence among investors despite broader market anxieties.

Bitcoin Price Prediction: Wedge Builds at $108K—Is BTC Ready to Break?

Bitcoin trades at $108,000, up 1% in Asian session trading as investors seek refuge from financial anxiety. Robert Kiyosaki, author of "Rich Dad Poor Dad," warns of a 1929-style market crash following Moody's US credit downgrade, citing rising interest rates and unsustainable debt levels. His advocacy positions Bitcoin alongside gold and silver as a hedge against systemic risk.

Moody's downgrade frames the US as fiscally irresponsible—a narrative amplifying institutional interest in crypto assets. Economist Jim Rickards highlights the $1.6 trillion student debt bomb as another catalyst for capital rotation into alternative stores of value. Retail and institutional flows continue converging on bitcoin as the macro hedge thesis gains credibility.

Blackstone Makes First Crypto Move With Investment in BlackRock’s Bitcoin ETF

Blackstone, the world's largest alternative asset manager, has entered the cryptocurrency market with a strategic investment in BlackRock's iShares Bitcoin Trust (IBIT). The firm acquired 23,094 shares of the spot Bitcoin ETF, valued at approximately $1.08 million, as disclosed in a May 20 SEC filing.

The investment forms part of Blackstone's $2.63 billion Alternative Multi-Strategy Fund (BTMIX), marking its inaugural exposure to Bitcoin through regulated financial products. This MOVE signals growing institutional confidence in cryptocurrency as an asset class.

Blackstone's portfolio expansion includes positions in ProShares Bitcoin ETF and shares of cryptocurrency ATM operators, further diversifying its crypto holdings. BlackRock's IBIT continues to lead U.S. Bitcoin ETFs in capital inflows, reflecting strong market demand.

71% Predict Bitcoin Will Reclaim All-Time High by May End

Bitcoin shows renewed momentum after a volatile weekend, climbing from $104,206 to $107,989 within 24 hours. The cryptocurrency now sits just 1% below its January peak of $109,114, with monthly gains reaching 23%.

Market sentiment remains divided as BTC's price action continues to exhibit sharp fluctuations. The recovery follows a period of consolidation that tested investor patience.

Metaplanet Emerges as Japan's Most Shorted Stock Amid Bitcoin Pivot

Metaplanet, once a budget hotel operator, has become Japan's most shorted stock following its strategic shift to Bitcoin-centric investments. CEO Simon Gerovich likened betting against the company to wagering against Bitcoin itself, as hedge funds aggressively short the stock. The firm's shares have skyrocketed 4,800% over the past year after adopting a Bitcoin-first treasury strategy in early 2024.

The company now holds 7,800 BTC, valued at over $800 million, including a recent purchase of 1,004 BTC. Gerovich's public challenge to short sellers—questioning the wisdom of opposing Bitcoin's momentum—has intensified scrutiny on Metaplanet's unconventional corporate strategy. Market observers speculate whether this marks the beginning of a global short squeeze trend targeting crypto-linked equities.

BlackRock's Bitcoin ETF Dominates as Institutional Inflows Extend to Fifth Day

BlackRock's iShares Bitcoin Trust (IBIT) captured the lion's share of Tuesday's $329 million inflows into spot Bitcoin ETFs, marking the fifth consecutive day of positive momentum. The fund alone attracted $287.45 million as Bitcoin reclaimed the $106,000 level for the first time since January.

This sustained institutional demand signals growing conviction in BTC's intermediate-term prospects. Market participants are allocating capital to physically-backed products despite volatile price action, suggesting a structural shift in adoption patterns.

Bitcoin to Skyrocket to $600K as S&P 500 Crashes 50%, Says Analyst

Bitcoin (BTC) could surge to $600,000 within 90 days amid a catastrophic collapse in traditional markets, according to market commentator Fred Krueger. His prediction hinges on a potential breakdown in U.S. financial stability, triggered by a failed $200 billion Treasury auction in late July 2025. Weak demand for U.S. debt might force the Federal Reserve into emergency interventions, eroding confidence in traditional assets.

Krueger's hyperbullish outlook for BTC is fueled by monetary instability, accelerating institutional adoption, and a mass exodus from equities. The S&P 500, he argues, could plummet 50% as capital floods into Bitcoin. This scenario WOULD mark a dramatic acceleration of the cryptocurrency's role as a hedge against systemic risk.