- World-renowned writer Robert Kiyosaki shares his view on Bitcoin.
- Pseudonymous crypto analyst sees BTC at $100,000 in 2025.
- Bitcoin slid again beneath $27,000 after Fed’s price determination today.
Bitcoin – the world’s largest cryptocurrency is a “bargain” today, says Robert Kiyosaki – the famend writer of Rich Dad Poor Dad.
Robert Kiyosaki shares his view on Bitcoin
The so-called digital gold has not been a profitable funding over the previous two months.
But the Founder of Rich Global LLC recommends seeing the latest weak point as a chance to construct a place within the “future” at a reduction. His latest tweet reads:
Gold, silver, bitcoin are bargains today … but not tomorrow. America is broke. Buy GSBC today earlier than shares, bond, actual property.
Robert Kiyosaki even referred to as fiat currencies “fake money” this previous weekend. Also on Wednesday, Santiment – a crypto analytics platform reported a rise in Bitcoin’s on-chain exercise to ranges not seen since April.
What might assist propel Bitcoin worth?
Note that there’s a bunch of tailwinds that might catalyse the worth of a Bitcoin within the close to to medium time period – the pending approval of an exchange-traded fund for instance.
And then after all, there’s the halving occasion scheduled or April or May of 2024. In truth, PlanB – a pseudonymous crypto analyst who additionally goes by 100trillionUSD reiterated today that BTC might hit $100,000 in about two years.
He even left the prospect for it to finally be value $1.0 million very like what Cathie Wood has forecast a number of occasions this 12 months.
Bitcoin is at present buying and selling at $26,900 versus its year-to-date excessive of $31,500 in mid-July.