{"id":88072,"date":"2026-04-30T09:48:13","date_gmt":"2026-04-30T09:48:13","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=88072"},"modified":"2026-04-30T09:48:13","modified_gmt":"2026-04-30T09:48:13","slug":"bitcoin-price-prediction-forbes-takes-aim-at-eric-trumps-american-bitcoin-chinese-propaganda","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=88072","title":{"rendered":"Bitcoin Price Prediction: Forbes Takes Aim at Eric Trump\u2019s American Bitcoin \u2013 Chinese Propaganda"},"content":{"rendered":"<div>\n<p>Another bombshell hit could change <a class=\"general-link\" href=\"http:\/\/99bitcoins.com\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> price prediction for the mid-term. Forbes investigation is rattling the Bitcoin mining sector and carries serious political weight. Bitcoin itself is trading at the $76,000 level, but the real volatility is in the stock price of American Bitcoin (ABTC), which has quietly shed 92% of its peak value while one Trump family member\u2019s net worth is climbing.<\/p>\n<p><a class=\"general-link\" href=\"https:\/\/www.forbes.com\/sites\/danalexander\/2026\/04\/28\/how-eric-trump-got-rich-from-bitcoin-while-losing-investors-a-fortune\/\" target=\"_blank\" rel=\"noopener nofollow\">Forbes<\/a> published a scathing investigation accusing ABTC of functioning as an \u201carbitrage vehicle\u201d that sold inflated shares predominantly to MAGA-aligned retail investors. The numbers are stark: the company\u2019s market cap collapsed from a $13.2 billion peak tounder $1.3 billion, erasing approximately $500 million in shareholder value since its September 2025 Nasdaq debut via a Hut 8 merger.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The president\u2019s second son pitches his bitcoin company as a money-printing machine. It\u2019s actually an arbitrage vehicle that preys on MAGA-minded investors. <a href=\"https:\/\/t.co\/8srkbwcBJX\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/8srkbwcBJX<\/a><br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/1f4f8.png\" alt=\"\ud83d\udcf8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">: Daniel Ceng\/Anadolu via Getty Images <a href=\"https:\/\/t.co\/6hlAgdSedP\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/6hlAgdSedP<\/a><\/p>\n<p>\u2014 Forbes (@Forbes) <a href=\"https:\/\/twitter.com\/Forbes\/status\/2049118990501617789?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">April 28, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Forbes also challenged ABTC\u2019s headline claim that it mines Bitcoin at a 53% discount to spot, alleging the all-in cost, once depreciation and overhead are included, sits closer to $90,000 per coin, not the $57,000 Eric Trump cites publicly.<\/p>\n<p>Eric Trump fired back on X, branding Forbes \u201cChinese propaganda\u201d and defending Q4 revenue of $78.3 million (up 22% quarter-over-quarter) and a treasury of more than 7,000 BTC. What he didn\u2019t address is that his own net worth reportedly rose from $190 million to $280 million over the same period that retail investors absorbed those losses.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Since being acquired by China, <a href=\"https:\/\/twitter.com\/Forbes?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@Forbes<\/a> has become a political weapon and an embarrassment to journalism.<\/p>\n<p>Just over a year ago, American Bitcoin did not exist. 7 Months and 25 days ago we went public on the NASDAQ. Today we hold over 7,000 Bitcoin and stand as the 16th largest\u2026 <a href=\"https:\/\/t.co\/m7ZD8Pg0F7\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/m7ZD8Pg0F7<\/a><\/p>\n<p>\u2014 Eric Trump (@EricTrump) <a href=\"https:\/\/twitter.com\/EricTrump\/status\/2049192250060783820?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">April 28, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>This governance scrutiny adds a layer of uncertainty to the mining sector and implications for BTC price sentiment.<\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-coinbase-listings\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">15+ Upcoming Listings to Watch in 2025<\/a><\/strong><\/p>\n<h2>Bitcoin Price Prediction: Hold $75,000 While Mining Sector Drama Intensifies?<\/h2>\n<p>Bitcoin\u2019s current price of $76,000 puts it in a critical zone. The $75,000 level is emerging as near-term psychological support, and a clean break below it could invite meaningful selling pressure, particularly if the ABTC scandal triggers broader skepticism about publicly listed Bitcoin miners and their reported holdings.<\/p>\n<p>Volume context is muted. No explosive institutional move is visible this week besides Saylor\u2019s strategy, which suggests we are in a consolidation phase. The mining cost debate matters here: if credible analysts begin accepting Forbes\u2019 $90,000 all-in cost figure as an industry benchmark rather than ABTC\u2019s self-reported $57,000, it reframes the profitability narrative for the entire sector at current spot prices.<\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_69f32322d33ae\" data-coin-id=\"bitcoin\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_69f32322d33ae-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_69f32322d33ae-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_69f32322d33ae-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_69f32322d33ae-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_69f32322d33ae-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_69f32322d33ae-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_69f32322d33ae-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_69f32322d33ae-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_69f32322d33ae-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_69f32322d33ae-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_69f32322d33ae-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_69f32322d33ae-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p>Three scenarios appear plausible right now. If BTC can hold above $75,000, coupled with stabilizing macro sentiment, price could recover toward $80,000+ on renewed institutional demand. Or Bitcoin could go sideways, consolidation between $74,000 and $78,000 as the market digests mining sector uncertainty and waits for clearer regulatory signals around Trump-linked ventures.<\/p>\n<p>However, a confirmed close below $75,000 support, potentially compounded by any SEC probe announcement into ABTC insider sales, opens the door to a retest of lower levels. This scenario invalidates short-term bullish positioning.<\/p>\n<p>The data points to a market that isn\u2019t panicking, but isn\u2019t exactly brimming with confidence either.<\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presale\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Top Crypto Presales to Watch Now<\/a><\/strong><\/p>\n<p><strong>Follow\u00a0<a class=\"general-link\" href=\"https:\/\/x.com\/99Bitcoins\" target=\"_blank\" rel=\"nofollow noopener\">99Bitcoins on X (Twitter)<\/a>\u00a0For the Latest Market Updates and Subscribe on\u00a0<a class=\"general-link\" href=\"https:\/\/www.youtube.com\/@99Bitcoins\" target=\"_blank\" rel=\"nofollow noopener\">YouTube<\/a>\u00a0For Daily Expert Market Analysis.<\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/eric-trump-american-bitcoin-price-prediction-forbes-investigation\/\">Bitcoin Price Prediction: Forbes Takes Aim at Eric Trump\u2019s American Bitcoin \u2013 Chinese Propaganda<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Another bombshell hit could change Bitcoin price prediction for the mid-term. Forbes investigation is rattling the Bitcoin mining sector and carries serious political weight. Bitcoin itself is trading at the $76,000 level, but the real volatility is in the stock price of American Bitcoin (ABTC), which has quietly shed 92% of its peak value while [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-88072","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/88072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=88072"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/88072\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=88072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=88072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=88072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}