HomeAnalysisRobert Kiyosaki suggests Bitcoin is currently a 'bargain' but may not remain...

Robert Kiyosaki suggests Bitcoin is currently a ‘bargain’ but may not remain so in the future

Published on

World-renowned author Robert Kiyosaki shares his view on Bitcoin.

Pseudonymous crypto analyst sees BTC at $100,000 in 2025.

Bitcoin slid back under $27,000 after Fed’s rate decision today.

Bitcoin – the world’s largest cryptocurrency is a “bargain” today, says Robert Kiyosaki – the renowned author of Rich Dad Poor Dad.

Robert Kiyosaki shares his view on Bitcoin

The so-called digital gold has not been a lucrative investment over the past two months.

But the Founder of Rich Global LLC recommends seeing the recent weakness as an opportunity to build a position in the “future” at a discount. His recent tweet reads:

Gold, silver, bitcoin are bargains today … but not tomorrow. America is broke. Buy GSBC today before stocks, bond, real estate.

Robert Kiyosaki even called fiat currencies “fake money” this past weekend. Also on Wednesday, Santiment – a crypto analytics platform reported an increase in Bitcoin’s on-chain activity to levels not seen since April.

What could help propel Bitcoin price?

Note that there’s a bunch of tailwinds that could catalyse the price of a Bitcoin in the near to medium term – the pending approval of an exchange-traded fund for example.

And then of course, there’s the halving event scheduled or April or May of 2024. In fact, PlanB – a pseudonymous crypto analyst who also goes by 100trillionUSD reiterated today that BTC could hit $100,000 in about two years.

He even left the prospect for it to eventually be worth $1.0 million much like what Cathie Wood has forecast multiple times this year.

Bitcoin is currently trading at $26,900 versus its year-to-date high of $31,500 in mid-July.

Share this articleCategoriesTags

Latest articles

Analyst Suggests Ethereum Price Could Surge to $3,100 with Bullish Momentum

Ethereum (ETH), the second-largest cryptocurrency, has seen a significant price increase over the past...

Cboe Digital Announces Plan to Introduce Margin Futures Trading for Bitcoin and Ethereum by 2024

On Nov. 13, Cboe Digital announced that it will soon launch trading and clearing...

Top Trader Predicts Significant Price Increases for Sushi and Apecoin – Check Out His Projections

A crypto strategist says more rallies are up ahead for prominent decentralized exchange (DEX)...

What is the difference between NVMe and M.2?

`` Over the last decade, solid-state drives (SSDs) have become the top choice for many...

More like this

Analyst Suggests Ethereum Price Could Surge to $3,100 with Bullish Momentum

Ethereum (ETH), the second-largest cryptocurrency, has seen a significant price increase over the past...

Cboe Digital Announces Plan to Introduce Margin Futures Trading for Bitcoin and Ethereum by 2024

On Nov. 13, Cboe Digital announced that it will soon launch trading and clearing...

Top Trader Predicts Significant Price Increases for Sushi and Apecoin – Check Out His Projections

A crypto strategist says more rallies are up ahead for prominent decentralized exchange (DEX)...
bitcoin
Bitcoin (BTC) $ 62,009.61 1.55%
ethereum
Ethereum (ETH) $ 3,405.46 2.44%
tether
Tether (USDT) $ 1.00 0.03%
bnb
BNB (BNB) $ 407.45 1.15%
solana
Solana (SOL) $ 134.06 2.93%
staked-ether
Lido Staked Ether (STETH) $ 3,402.59 2.32%
xrp
XRP (XRP) $ 0.591114 1.36%
usd-coin
USDC (USDC) $ 0.998934 0.20%
cardano
Cardano (ADA) $ 0.685835 0.96%
dogecoin
Dogecoin (DOGE) $ 0.121446 6.43%