Famous for his book ‘Rich Dad Poor Dad,’ Robert Kiyosaki has updated his Bitcoin (BTC) prediction, raising the target from $120,000 to $150,000. This adjustment is influenced by Kiyosaki’s optimism about the potential approval of a Bitcoin Exchange-Traded Fund (ETF). Reflecting on his past investment choices on X (formerly Twitter), Kiyosaki expressed satisfaction, stating, “BITCOIN ETF. Yay. Glad I bought years ago. Bitcoin to $150k soon.”
Purchase Bitcoin and commodities.
In a recent commentary, Robert Kiyosaki, the author of ‘Rich Dad Poor Dad,’ provided insights on precious metals and fiat currency. Regarding precious metals, Kiyosaki noted, “Gold is on its way to the moon as Central Banks buy, store, and refrain from selling. Silver is expected to experience a downturn as silver stackers sell to meet financial obligations caused by rising inflation. This presents favorable opportunities for silver stackers, signaling it’s time to acquire more as silver prices decline.”
Expressing a critical view of fiat currency, Kiyosaki added, “It’s positive news overall, except for those who hold savings in fake fiat US dollars. I will be increasing my holdings in gold, silver, and Bitcoin using these fiat dollars.” Kiyosaki has long advocated for Bitcoin, particularly amid the devaluation of the USD due to extensive money printing. He remains a supporter of the broader Bitcoin ecosystem, believing it is designed for the greater benefit of humanity.
Kiyosaki turns attention to Bitcoin halving.
As anticipation builds for the approval of the inaugural spot Bitcoin ETF, Robert Kiyosaki takes a different perspective, directing attention to the upcoming Bitcoin halving scheduled for April 2024.
The renowned author and Bitcoin advocate, Kiyosaki, recently used X to advise his followers to stay informed about Bitcoin’s future developments. He underscored the significance of the impending Bitcoin halving event, stating, “A Bitcoin halving is fast approaching. Please pay attention to Bitcoin halving.”
Consistently advocating for Bitcoin as a superior financial option compared to traditional savings, Kiyosaki believes that Bitcoin holders may enjoy more favorable financial outcomes.
It’s worth noting that on Monday, the Bitcoin price exhibited significant volatility amid misleading news regarding the approval of the Bitcoin ETF. The confusion stemmed from a major compromise of the SEC account on the X platform, resulting in the dissemination of fake tweets.